Hyundai Motor Company is the core enterprise of Hyundai Motor Group. In 2020, Hyundai Motor Group ranked fourth in the world in sales volume, with a total of 6.52 million vehicles sold. In 2020, Hyundai Motor ranked tenth in the Fortune Global 500 automobile and parts industry. In 2020, Beijing Hyundai completed the sales of 500,000 passenger cars, which has been declining year by year since 20 17. In 20 19, Hyundai ranked sixth in the world in terms of sales volume.
In 20 19, Hyundai Motor sold about 4.42 million vehicles (excluding Kia brand), and its passenger car brands include the core brand Hyundai and luxury brand Genesis. From 2065438 to 2009, Beijing Hyundai Motor Co., Ltd., a joint venture between Hyundai Motor Co., Ltd. and Beijing Automotive Investment Co., Ltd., completed the sales of 700,000 vehicles, ranking 12 among domestic passenger car manufacturers. Hyundai Motor was founded in 1967 by Zheng Zhouyong, former president of Hyundai Group. The company is headquartered in Seoul, and the current president is Eui-Sun Chung.
Brief introduction of modern automobile
On October 201010/0/2 1 day, Hyundai Motor signed a cooperation agreement with Sichuan Nanjun Automobile Group Corporation, the largest commercial vehicle enterprise in China and Sichuan. This marks the official entry of Hyundai Motor into China, the world's largest commercial vehicle market. By signing the cooperation agreement, Hyundai Motor and Nanjun Automobile will complement each other in a whole set of commercial vehicles such as trucks, buses, engine production, R&D and service, and carry out multi-angle and diversified in-depth cooperation.
As the first joint venture project after China's entry into WTO, Hyundai Motor has become the fastest-growing multinational automobile enterprise in China market in recent ten years, and its huge sales volume has not made Hyundai Motor give up its diversified marketing road. Hyundai-Kia Motors promotes China consumers to know more about Hyundai Motor and Korean culture through more cultural exchange activities in China. Hyundai Motor Group will set up an automotive technology research and development institute in China, which is Hyundai's overseas technology research and development institute after the United States, Japan, Germany and India.