Hyundai Motor Company

Hyundai Motor Company is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea. Founded in 1967, its core business encompasses the design, engineering, manufacturing, and global distribution of a wide range of vehicles. The company's mission, often summarized as "Progress for Humanity," emphasizes delivering smart, safe, and sustainable mobility solutions that enrich people's lives, while also focusing on creating exceptional automotive value through safety, quality, and efficiency.

Hyundai's product portfolio includes passenger cars, SUVs, commercial vehicles, and a growing emphasis on electric (EV) and hydrogen fuel cell vehicles. Beyond vehicle manufacturing, the company's operations extend to vehicle financing, credit card processing, and research and development in advanced mobility solutions. Hyundai Motor Company also owns a luxury car subsidiary, Genesis, and holds a significant stake of 33.88 percent in Kia Corporation, catering to a broad spectrum of market segments from budget-conscious consumers to those seeking advanced technology and eco-friendly options.

As of January 1, 2025, José Muñoz serves as the President and CEO of Hyundai Motor Company, leading its global business. The company, along with its affiliate Kia, ranks as the world's third-largest automaker by sales. Hyundai is actively positioning itself as a leader in future mobility, with substantial investments in electric and hydrogen technologies, and aims for carbon neutrality by 2045. Recent initiatives include the development of Advanced Air Mobility (AAM) through its Supernal subsidiary and a consistent growth in brand value, reaching $23 billion in 2024.