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Private company

Hyundai Motor Group

Logo: Hyundai Motor Group, Public domain, via Wikimedia Commons3

South Korean multinational conglomerate

The Hyundai Motor Group is a South Korean chaebol (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) headquartered in Seoul, South Korea. The HMG also refers to the group of affiliated companies interconnected by complex shareholding arrangements, with Hyundai Motor Company regarded as the de facto representative of the group.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Sep 2000Founded1

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20110201 hyundai motor group
Photo: Chu, CC BY-SA 3.0, via Wikimedia Commons5

The Hyundai Motor Group (HMG; IPA: [ˈçjəːndɛ]; stylized as HYUNDAI) is a South Korean chaebol (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) headquartered in Seoul, South Korea.2

Corporate structure

Hyundai Motor Group sits at the top of its group. 43 entities, 10 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Hyundai Motor Group Seoul
    • Genesis Motor Subsidiary · Seoul
    • Hyundai Card Subsidiary · Seoul
    • Hyundai Hysco Subsidiary · Ulsan
    • Hyundai Mobis Subsidiary · Seoul
    • Hyundai Motor Company Subsidiary · Seoul, South Korea
      • Hyundai Motor Manufacturing Czech 100% · Nižní Lhoty, Czechia
      • Hyundai Motor America Subsidiary · 100% · Fountain Valley
      • Hyundai Motor Manufacturing Alabama Subsidiary · 100% · Fountain Valley, California, United States
      • Hyundai Assan Otomotiv Subsidiary · 70% · Istanbul
      • Hyundai Capital Subsidiary · 59.68% · Seoul
      • Boston Dynamics Subsidiary · Waltham
      • Hyundai Motor Czech Subsidiary · Prague, Czech Republic
      • Hyundai N Subsidiary · Hwaseong
      • Hyundai Transys Subsidiary · South Chungcheong
      • Ioniq Subsidiary · Seoul
      • Hyundai Motor Europe GmbH Subsidiary · 100%
      • HYUNDAI MOTOR INDIA LIMITED Subsidiary · 100% · Kanchee- -Puram, India
      • HYUNDAI MOTOR DE MEXICO S DE RL DE CV Subsidiary · 99% · Ciudad de México, Mexico
      • 현대캐피탈주식회사 Subsidiary · 59.72% · Seoul, South Korea
        • HYUNDAI CAPITAL AUSTRALIA PTY LIMITED Subsidiary · 100% · Macquarie Park, Australia
      • 현대카드주식회사 Subsidiary · 36.96% · Seoul, South Korea
      • 현대로템주식회사 Subsidiary · 33.77% · Changwon, South Korea
      • HYUNDAI CAPITAL CANADA INC. Subsidiary · Toronto, Ontario, Canada
        • HK LEASE FUNDING LP Subsidiary · Toronto, Ontario, Canada
      • Hyundai Motor Group Namyang R&D Center Subsidiary · Namyang-eup, South Korea
      • HYUNDAİ MOTOR TÜRKİYE OTOMOTİV ANONİM ŞİRKETİ Subsidiary · İstanbul, Turkey
      • PT. HYUNDAI MOTOR MANUFACTURING INDONESIA Subsidiary · Dki Jakarta, Indonesia
    • Hyundai Rotem Subsidiary · 의왕
      • EUROTEM Subsidiary · 51% · İstanbul
    • Hyundai Steel Subsidiary · Incheon
      • Hyundai Steel Czech Subsidiary · Czechia
    • Kia Subsidiary · Seoul
    • Supernal Subsidiary · Washington, D.C., United States
    • Hyundai Global Business Center Owned · Seoul, South Korea

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Hyundai Motor Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% of Kia Motors.

In June 2021, Hyundai Motor, Hyundai Mobis, Hyundai Glovis, and Hyundai Motor Group Executive Chair Chung Eui-sun collectively purchased an 80% stake in Boston Dynamics, which had been under SoftBank Group's ownership.

On May 22, 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025. The investment would strengthen collaboration with US firms in areas such as urban air mobility, autonomous driving, artificial intelligence, and robotics. The investments were announced during a visit to South Korea by former President Joe Biden.

On December 10, 2024, Hyundai allowed customers to buy Hyundai cars on Amazon. They could pick it up at their local Hyundai dealership.

In August 2026, 40,000 Hyundai Motor union members in South Korea held a one-day strike, seeking higher pay.

From Wikipedia’s article on Hyundai Motor Group, shared under CC BY-SA 4.0.4

Products and brands

  • car

Listed on Wikidata.1

The largest member of the chaebol, Hyundai Motor Company, has a stake in Kia, and they are the largest and second largest car manufacturers in the country respectively. Following several years of rapid growth, the Group sold 8.01 million vehicles in 2015, falling short of its sales target. In 2017 the Group sold 7.25 million vehicles, the lowest in five years at that point. From 2022 to 2024 it was the world's third-largest automaker by sales, behind Toyota and Volkswagen Group. In 2024 Hyundai and Kia sold 7.23 million vehicles combined.

On 17 June 2024, Hyundai Motor India announced its commencement of an initial public offering (IPO) process to list on the Mumbai-based Bombay Stock Exchange.

Hyundai Motor Group announced plans to invest a record $16.7 billion in South Korea in 2024, focusing on green technologies and future mobility, marking its largest annual investment commitment.

Hyundai Motor Group Chairman Chung Eui-sun announced that he would invest 31 trillion won in the U.S. over four years, and Trump responded by saying he would exempt the company from tariffs.

Read the full text

In August 2026, Hyundai Motor and Kia were reported to have obtained a U.S. patent for a shared vehicle system that detects inattentive driving and automatically switches to autonomous mode, with fares calculated based on manual and autonomous driving time. The invention, first filed in South Korea in 2020, remained under examination by the Korean Intellectual Property Office as of August 2026 after a November 2025 rejection for lack of inventive step and a March 2026 rebuttal narrowing the patent claims.

From Wikipedia’s article on Hyundai Motor Group, shared under CC BY-SA 4.0.4

Subsidiaries and ownership

Subsidiaries

Also owns

From Wikidata.1

Timeline

  1. Sep 2000Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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