Hyundai Motor Company is owned by the Hyundai Motor Group, a publicly traded South Korean conglomerate that also controls Kia and Genesis. In January 2026, Hyundai reported record annual revenue of KRW 186.3 trillion for 2025, a 6.3 percent year-over-year increase.

  • Hyundai Motor Company was founded on December 29, 1967, in Seoul, South Korea.
  • The company sold 4,138,389 vehicles worldwide in 2025.
  • Hyundai reported annual revenue of KRW 186.3 trillion (approximately $131.8 billion USD) in 2025.
  • The company employs more than 120,000 people across operations in over 200 countries.
  • Hyundai’s market capitalization reached approximately $123.5 billion USD as of May 2026.

Hyundai Products and Services

Sedans

  • Elantra
  • Sonata
  • Accent
  • Azera
  • i30 / i20 / i10

SUVs and Crossovers

  • Tucson
  • Santa Fe
  • Palisade
  • Kona
  • Creta / Venue

Electric Vehicles

  • IONIQ 5
  • IONIQ 6
  • IONIQ 9
  • INSTER
  • Kona Electric

Hydrogen and Hybrids

  • NEXO (hydrogen fuel cell)
  • Tucson Hybrid
  • Santa Fe Hybrid
  • Sonata Hybrid
  • STARIA Hybrid

Commercial Vehicles

  • STARIA (MPV)
  • H-1 / H-100
  • Heavy-duty trucks
  • Transit vans

Luxury (Genesis)

  • Genesis G70 / G80 / G90
  • Genesis GV60 / GV70 / GV80
  • N Series performance line

How Did Hyundai Get Its Name?

The word “Hyundai” comes from the Korean 현대 (hyeondae), which translates to “modernity” or “modern era.” Founder Chung Ju-yung first used the name in 1947 when he established Hyundai Engineering and Construction, a company focused on rebuilding South Korean infrastructure after the Korean War. When the motor company launched in 1967, it kept the same name. The Korean pronunciation sits closer to “hyun-day.”

The Hyundai logo’s slanted “H” suggests forward motion, and its shape doubles as a silhouette of two people shaking hands, representing the company-customer relationship. The surrounding oval signals global reach. These design choices date back to the 1980s, when Hyundai entered the U.S. market alongside Honda Motor and Toyota.

Who Owns Hyundai

Hyundai Motor Company operates as the flagship brand within the Hyundai Motor Group, a publicly traded conglomerate headquartered in Seoul. The group also includes Kia Corporation, the Genesis luxury division, and dozens of technology, engineering, and financial subsidiaries.

No single entity holds a controlling majority. Ownership is distributed across affiliated companies, institutional investors, and retail shareholders. The founding Chung family retains significant influence through direct shareholdings and positions on the board.

Hyundai Founders and Early History

Chung Ju-yung, born in 1915 in what is now North Korea, founded the Hyundai Motor Company on December 29, 1967. His first automotive project was a licensed assembly of the Ford Cortina for the South Korean market.

By 1975, Hyundai had developed the Pony, South Korea’s first mass-produced car, with design input from Italdesign Giugiaro. The Pony made Hyundai an exporter by the early 1980s. In 1986, Hyundai entered the U.S. market with the Excel, which sold 168,882 units in its first year, a record for any automotive brand at the time. That same year, Ford Motor was among several companies competing for influence in the Korean auto sector.

Largest Shareholders of Hyundai Motor Company

Hyundai Mobis Co., Ltd.

  • Stake: approximately 20%
  • Hyundai’s largest single shareholder
  • Auto parts affiliate within the group

National Pension Service of Korea

  • Stake: approximately 6.7%
  • South Korea’s largest public pension fund
  • Second-largest institutional holder

Chung Mong-koo

  • Stake: approximately 5.1%
  • Chairman Emeritus and son of founder
  • Third-largest individual shareholder

Chung Eui-sun

  • Stake: approximately 2.5%
  • Executive Chairman of Hyundai Motor Group
  • Grandson of Hyundai Group’s original founder

Retail Investors

  • Collective stake: approximately 43%
  • Largest ownership block by category
  • Traded on Korea Exchange (KRX: 005380)

Institutional Investors

  • Collective stake: approximately 27%
  • Includes global fund managers
  • Vanguard, Dimensional, Fidelity among holders

Hyundai Motor Company Board of Directors

Executive Leadership

Chung Eui-sun

Executive Chairman, Hyundai Motor Group

Appointed Executive Chairman in 2020. Holds an MBA from the University of San Francisco. Oversees the group’s long-term strategy, including electric and hydrogen vehicle investments.

José Muñoz

President and CEO, Hyundai Motor Company — Since January 2025

Succeeded Jaehoon Chang. Previously served as Global Chief Operating Officer at Hyundai and held senior roles at Nissan. Appointed to expand Hyundai’s position in Europe, India, and North America.

Dong Seock Lee

CEO, President and Director — Since March 2024

Formerly Vice President at Hyundai. Manages domestic operations and manufacturing strategy alongside Muñoz’s global focus.

Seung Jo Lee

Executive Vice President, Chief Financial Officer — Since March 2024

Previously led Finance and Accounting at Hyundai. Responsible for the company’s financial reporting, capital allocation, and investor relations.

Technology and Strategy Directors

Manfred Harrer

President, Head of R&D Division — Since January 2026

Promoted to lead Software-Defined Vehicle development. Background in chassis engineering at Porsche. Competitors like BMW Group and Tesla are pursuing similar SDV strategies.

Jim Myong Doh

Independent Director — Appointed March 2025

Former Vice Chairman of Qualcomm Asia. Holds a Master’s in Engineering from Tufts University. Brings semiconductor and communications technology experience to the board.

Finance and Investment Directors

Suyi Kim

Independent Director — Appointed March 2025

Former Global Head of Private Equity at CPPIB (Canada Pension Plan Investment Board). MBA from Stanford University. Advises on capital markets and global investment strategy.

Benjamin Tan

Independent Director — Appointed March 2025

Former Managing Director at GIC Pte. Ltd., Singapore’s sovereign wealth fund. MBA from Cornell University. Focuses on global finance and institutional governance.

Manufacturing and Operations

Juncheul Jung

President, Head of Manufacturing Area — Since January 2026

Oversees Hyundai’s Manufacturing Solutions Division and Procurement Division. Tasked with building software-driven production systems and next-generation robotics capabilities at plants worldwide.

Hyundai Motor Company Mission Statement

Hyundai adopted “Progress for Humanity” as its brand mission in 2019. The statement reflects the company’s shift from a traditional automaker toward a broader mobility provider covering electric vehicles, hydrogen fuel cells, autonomous driving, and connected services.

This mission has guided KRW 17.8 trillion in planned investment for 2026. Hyundai has committed to carbon neutrality by 2045, and pledged $21 billion in U.S. investments between 2025 and 2028.

Hyundai’s six core values are Customer, Challenge, Collaboration, People, Globality, and Social Responsibility. Other major companies like General Motors and Samsung Electronics have adopted similar sustainability frameworks.

FAQs

Who owns Hyundai?

Hyundai Motor Company is owned by the Hyundai Motor Group, a publicly traded South Korean conglomerate. Hyundai Mobis holds about 20% of shares, and the founding Chung family retains significant stakes and board influence.

What is the net worth of Hyundai?

Hyundai Motor Company’s market capitalization reached approximately $123.5 billion USD as of May 2026, according to CompaniesMarketCap data. Annual revenue for 2025 was KRW 186.3 trillion.

Is Hyundai an American company?

No. Hyundai Motor Company is a South Korean company headquartered in Seoul. It was founded on December 29, 1967, by Chung Ju-yung and trades on the Korea Exchange under ticker 005380.

When was Hyundai Motor Company founded?

Hyundai Motor Company was established on December 29, 1967. Its first vehicle was a locally assembled Ford Cortina, followed by the Pony in 1975, South Korea’s first mass-produced car.

What is Hyundai’s market cap in 2026?

As of May 2026, Hyundai’s market capitalization stood at approximately $123.5 billion USD, making it the world’s 173rd most valuable company by market cap.

I've spent over a decade researching and documenting the stories behind the world's most influential companies. What started as a personal fascination with how businesses evolve from small startups to global giants turned into CompaniesHistory.com—a platform dedicated to making corporate history accessible to everyone.