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Hyundai Motor Company
The Hyundai Motor Company, often referred to as Hyundai Motors, ( ) and commonly known as Hyundai, (, ; ) is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, which was founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and fully owns two marques including its luxury cars subsidiary, Genesis, and their electric vehicle brand Ioniq. The three brands altogether make up the Hyundai Motor Group. Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea which has an annual production capacity of 1.6 million units. The company employs approximately 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through 5,000 dealerships and showrooms. As of 2022, Hyundai is the world's third-largest carmaker in terms of production, only falling behind Toyota and Volkswagen. History Chung Ju-yung (1915–2001) founded the Hyundai Engineering and Construction C ...
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Seoul
Seoul (; ; ), officially known as the Seoul Special City, is the capital and largest metropolis of South Korea.Before 1972, Seoul was the ''de jure'' capital of the Democratic People's Republic of Korea (North Korea) as stated iArticle 103 of the 1948 constitution. According to the 2020 census, Seoul has a population of 9.9 million people, and forms the heart of the Seoul Capital Area with the surrounding Incheon metropolis and Gyeonggi province. Considered to be a global city and rated as an Alpha – City by Globalization and World Cities Research Network (GaWC), Seoul was the world's fourth largest metropolitan economy in 2014, following Tokyo, New York City and Los Angeles. Seoul was rated Asia's most livable city with the second highest quality of life globally by Arcadis in 2015, with a GDP per capita (PPP) of around $40,000. With major technology hubs centered in Gangnam and Digital Media City, the Seoul Capital Area is home to the headquarters of 15 ''Fo ...
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Hyundai Motor Manufacturing Indonesia
PT Hyundai Motor Manufacturing Indonesia (HMMI) is an automobile Factory, manufacturing plant located in Cikarang, Bekasi Regency, Indonesia. The plant and a separate sales company, PT Hyundai Motors Indonesia (HMID) are wholly owned subsidiaries of Hyundai Motor Company. It replaced the role of Hyundai Indonesia Motor (renamed to Handal Indonesia Motor since November 2020), a locally-owned company which held rights to assemble Hyundai cars in Indonesia since 1996, while HMID replaced the role of Hyundai Mobil Indonesia (HMI), the locally owned distributor of Hyundai cars in Indonesia from 1999 to 2021. The plant is built in a 77.6 Hectare, ha land in Cikarang and has been operated since the second half of 2021 with the annual capacity of 150,000. Half of the output will be exported to the neighbouring countries in Southeast Asia. A total of US$1.55 billion (Rp 21.7 trillion) will be invested to the plant along with the future product developments until 2030. The HMMI plant ...
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Toyota
is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year. The company was originally founded as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro's father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world. While still a department of Toyota Industries, the company developed its first product, the Type A engine in 1934 and its first passenger car in 1936, the Toyota AA. After World War II, Toyota benefited from Japan's alliance with the United States to learn from American automakers and other companies, which would give rise to The Toyota Way (a management philosophy) and the Toyota Production System (a lean manufacturing practice) that would transform the small company into a leader in t ...
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List Of Manufacturers By Motor Vehicle Production
This is a list of manufacturers by motor vehicle production, by year, based on Organisation Internationale des Constructeurs d'Automobiles (OICA). Figures include passenger cars, light commercial vehicles, minibuses, trucks, buses and coaches. OICA defines these entries as follows: * Passenger cars are motor vehicles with at least four wheels, used for the transport of passengers, and comprising no more than eight seats in addition to the driver's seat. * Light commercial vehicles (LCV) are motor vehicles with at least four wheels, used for the carriage of goods. Mass given in tons (metric tons) is used as a limit between light commercial vehicles and heavy trucks. This limit depends on national and professional definitions, and it varies between 3.5 and 7 tons. Minibuses, derived from light commercial vehicles, are used for the transport of passengers, comprising more than eight seats in addition to the driver's seat and having a maximum mass between 3.5 and 7 tons. * Heavy t ...
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Showroom
A plumbing fixture showroom, Canada, 1921 A showroom, also referred to as a gallery, is a large space used to display products, entertainment or visual arts. Marketing location A showroom is a large space used to display products for sale, such as automobiles, furniture, appliances, carpets or apparel. It is a retail store of a company in which products are on sale in a space created by their brand or company. A showroom can also be a space for wholesale buyers to view fashion merchandise for sale in their retail stores. Among the various forms of showroom, one has been increasing significantly. The guide shop model is a strategy that many brands found to be present in both online and physical stores. A guide shop is a kind of showroom where the client can try and feel the products and purchase them to have it delivered on his/her home. Fashion stores are adopting the showrooms such guide shops for immersive brand experience and the vantage of no inventory in the stores. Also, ...
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Car Dealership
A car dealership, or car dealer, is a business that sells new or used cars, at the retail level, based on a dealership contract with an automaker or its sales subsidiary. Car dealerships also often sell spare parts and automotive maintenance services. History of car dealerships in the United States The early cars were sold by automakers to customers directly or through a variety of channels, including mail order, department stores, and traveling representatives. For example, Sears made its first attempt at selling a gasoline-engined chain-drive high-wheeler in 1908 through its mail-order catalog and starting in 1951 the Allstate through select its stores and the catalog. The first dealership in the United States was established in 1898 by William E. Metzger. Today, direct sales by an automaker to consumers are limited by most states in the U.S. through franchise laws that require new cars to be sold only by licensed and bonded, independently owned dealerships. The first ...
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Ulsan
Ulsan (), officially the Ulsan Metropolitan City is South Korea's seventh-largest metropolitan city and the eighth-largest city overall, with a population of over 1.1 million inhabitants. It is located in the south-east of the country, neighboring Busan to the south and facing Gyeongju to the north. Ulsan is the industrial powerhouse of South Korea, forming the heart of the Ulsan Industrial District. It has the world's largest automobile assembly plant, operated by the Hyundai Motor Company; the world's largest shipyard, operated by Hyundai Heavy Industries; and the world's third largest oil refinery, owned by SK Energy. In 2020, Ulsan had a GDP per capita of $65,352, the highest of any region in South Korea. Administrative divisions Ulsan is divided into four '' gu'' (districts) and one ''gun'' (county): *Buk District () * Dong District () * Jung District () * Nam District () *Ulju County () History Stone tools found at the Mugeo-dong Ok-hyeon archaeological site indicates t ...
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Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ...
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Electric Vehicle
An electric vehicle (EV) is a vehicle that uses one or more electric motors for propulsion. It can be powered by a collector system, with electricity from extravehicular sources, or it can be powered autonomously by a battery (sometimes charged by solar panels, or by converting fuel to electricity using fuel cells or a generator). EVs include, but are not limited to, road and rail vehicles, surface and underwater vessels, electric aircraft and electric spacecraft. For road vehicles, together with other emerging automotive technologies such as autonomous driving, connected vehicles and shared mobility, EVs form a future mobility vision called Connected, Autonomous, Shared and Electric (CASE) Mobility. EVs first came into existence in the late 19th century, when electricity was among the preferred methods for motor vehicle propulsion, providing a level of comfort and ease of operation that could not be achieved by the gasoline cars of the time. Internal combustion engin ...
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Kia Corporation
Kia Corporation, commonly known as Kia (, ; formerly known as Kyungsung Precision Industry and Kia Motors Corporation), is a South Korean multinational automobile manufacturer headquartered in Seoul, South Korea. It is South Korea's second largest automobile manufacturer, after its parent company, Hyundai Motor Company, with sales of over 2.8 million vehicles in 2019. the Kia Corporation is minority owned by Hyundai, which holds a 33.88% stake valued at just over US$6 billion. Kia in turn is a minority owner of more than twenty Hyundai subsidiaries ranging from 4.9% up to 45.37%, totaling more than US$8.3 billion. Etymology According to the company, the name "Kia" derives from the Sino-Korean characters (, 'to arise') and (, which stands for 亞細亞, meaning 'Asia'); it is roughly translated as "Rising from (East) Asia." History Origins and early expansion Kia was founded on June 9, 1944, as Kyungsung Precision Industry, a manufacturer of steel tubi ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism Th ...
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Checked And Free Vowels
In phonetics and phonology, checked vowels are those that commonly stand in a stressed closed syllable; and free vowels are those that can stand in either a stressed closed syllable or a stressed open syllable. Usage The terms ''checked vowel'' and ''free vowel'' originated in English phonetics and phonology. They are seldom used for the description of other languages, even though a distinction between vowels that usually have to be followed by a consonant and other vowels is common in most Germanic languages. The terms ''checked vowel'' and ''free vowel'' correspond closely to the terms ''lax vowel'' and ''tense vowel'' respectively, but many linguists prefer to use the terms ''checked'' and ''free'', as there is no clearcut phonetic definition of vowel tenseness and because by most attempted definitions of tenseness and are considered lax, even though they behave in American English as free vowels. ''Checked vowels'' is also used to refer to a kind of very short glottaliz ...
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