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Hyundai-Kia Group
The Hyundai Motor Group (HMG; ; ; stylized as HYUΠDAI) 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. It is the third-largest South Korean ''chaebol'', after Samsung Group and SK Group, related to other Hyundai-name industries following a specialized development split and restructuring which resulted in Hyundai Motor group, Hyundai Heavy Industries Group, Hyundai Development Company Group, Hyundai Department Store Group, and Hyundai Marine & Fire Insurance. History The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of March 31, 2011, Hyundai owns 33.7% of Kia Motors. On May 22, 2022, the Hyundai Motor Group a ...
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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 ''Fortun ...
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Hyundai Capital
Hyundai Capital Services (Hangul:현대캐피탈) is a South Korean provider of consumer financial services ranging from auto-financing, private financing, and corporate financing. The company is a financial service unit of Hyundai Motor Group. Hyundai Capital operates in 12 countries – Korea, the U.S., the U.K., China, Germany, Canada, Russia, Brazil, India, Australia, Indonesia, and Singapore. History 1993 ~ 1999 - In December 1993, Hyundai Capital Services was founded under the name Hyundai Auto Finance overlooking automotive and housing finances. In 1999, the company changed its name to Hyundai Capital Services. 2000 ~ 2010 - Hyundai Capital Services started its auto leasing business in 2001 with its inaugural product, “Just Drive.” In October 2004, the company established strategic partnership with U.S. conglomerate, General Electric. The partnership paved ways for the companies to share their know-hows and strength in a wide range of businesses including treasu ...
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