Hyundai – A Brief Overview

13

Hyundai Motor Co Ltd of South Korea is an internationally acclaimed car manufacturer. Specializing in automobile and commercial vehicle production, their lineup of automobiles includes cars, SUVs, and vans.

This company is well known for its cutting-edge technologies and commitment to sustainability, with products featuring green technologies like LED lights. They aim to connect people through their products and services.

1. History

Hyundai Group is a major South Korean multinational conglomerate with diverse operations spanning construction, shipbuilding, finance, and heavy equipment manufacturing. Established by Chung Ju-yung as a construction business in 1947 and expanded into shipbuilding during the 1970s. Now one of the world’s premier automobile and chipmakers, it also offers energy/green technology products while operating multiple research centers globally.

The Hyundai Group encompasses Kia and Hyundai Motors as well as luxury brand Genesis, with headquarters located in Seoul, South Korea. Since 1998, it has been publicly traded. Production includes cars, buses, trucks, industrial equipment, and consumer electronics produced at Hyundai-affiliated plants, as well as service centers and dealerships around the world.

Hyundai’s automotive divisions feature the popular Santro and i10 hatchbacks, Sonata sedans, and Elantra sedans, as well as crossover SUVs, vans, and pickups produced at its plant in Brazil – as well as heavy-duty vehicles designed specifically for military or commercial uses. Furthermore, there is also the unique bi-fuel HB20 model capable of running both on gasoline and ethanol and operating efficiently under all weather conditions.

2. Products

Hyundai Motor Group, established in 1967, is one of the five biggest carmakers worldwide and South Korea’s primary vehicle company. An industry pioneer that revolutionized automotive technology through their Pony passenger car series, rolled out first for Korean passenger sales, Hyundai has since grown into an internationally recognized firm with production bases all around the globe.

Hyundai boasts an expansive fleet of cars, buses, and commercial vehicles in its portfolio, including sedans, hatchbacks, SUVs, and crossovers, as well as hybrid and electric options. Their Elantra was named North American Car of the Year 2012, while Genesis won Best Mid-Sized Premium Car in JD Power’s 2012 Initial Quality Study.

Hyundai has long been at the forefront of environmental technologies. Beginning mass-producing hydrogen fuel cell electric vehicles in 2013, their Tucson ix35 FCEV became the world’s first mass-produced FCEV. Furthermore, Hyundai has its autonomous driving technology developed within their research labs.

Innovation at Volvo Cars has created a sustainable future for future generations. Their global brand vision, “Progress for Humanity,” centers around developing innovative mobility solutions with cutting-edge technologies and industry-leading sustainability, which is evident across their product lineup and corporate activities.

3. Pricing

Hyundai, a South Korean automobile company, provides an array of car models at highly competitive prices with state-of-the-art technologies and body styles like sedans, SUVs, and hatchbacks. Hyundai also offers flexible financing solutions.

Hyundai Elevator Company donated 1,721 items to Goodwill Store between October 10 and December 1 as part of their ESG management campaign called “Hyundai: Re.” The campaign took place across Chungju Smart Campus, the Seoul office, regional branches, and company staff volunteering activities.

Hyundai Subscription offers an innovative and cost-effective solution for customers to experience the thrill of driving a brand-new car without owning it outright. Customers select their desired car, pay monthly or yearly subscription fees, and opt out after 12 months or purchase at a predetermined settlement value.

Hyundai currently sells 13 car models in India, such as the Santro, Elantra, Tucson Facelift, Creta EV and Ioniq 6. Additionally, several upcoming models, such as Santa Fe Facelift, Stargazer, and Tucson Facelift, will help it compete with Honda and Toyota products on Indian roads. Hyundai also boasts over 50 dealerships throughout India.

4. Customer Service

Hyundai is well known for providing outstanding customer service. Reaching out to a representative anytime, 24/7, allows them to answer all of your queries about vehicles that fit your lifestyle and help you find one if necessary. Plus, Hyundai can assist with financing options!

Hyundai strives to offer their customers only top quality and value products and services. Their focus on technological innovations ensures they offer attractive specials and discounts, which provide an opportunity to save money with every purchase made by them.

Hyundai is committed to giving back to its communities beyond providing top-of-the-line products and excellent customer service through working with several charities that provide assistance and relief for those in need, as well as sponsoring local events and sports teams.

Unsoo Kim joined Hyundai as its President in 1991 and has vast experience at all global locations. In his various roles within Hyundai – such as Business Planning and Strategy – he has passionately championed their corporate social responsibility initiatives to build stronger and more prosperous futures for everyone. Through his dedication and excellence, he has become one of the industry’s most dependable leaders.