Hyundai Motor Company and Hyundai Motor Europe
Established in 1967, Hyundai Motor Company leads the Hyundai Motor Group, an innovative business structure capable of circulating resources from molten iron to finished cars. Hyundai Motor has eight manufacturing bases and seven design and technical centres worldwide. The company belongs to the biggest car manufacturers worldwide with over 4.5 million vehicles globally sold globally in 2017. With more than 110,000 employees worldwide, Hyundai Motor continues to enhance its product line-up with localised models and strives to strengthen its leadership in clean technology, starting with the world’s first mass-produced hydrogen-powered vehicle, ix35 Fuel Cell and IONIQ, the world’s first model with three electrified powertrains in a single body type.
Hyundai Motor Europe plays, in close collaboration with corporate headquarters, a hub role to lead continuous innovation within the market, having functional divisions for planning, finance, products and customer experience. 75% of all Hyundai vehicles sold in Europe are designed, engineered, tested and manufactured in Europe. Hyundai Motor Europe HQ is also heading the manufacturing facilities in the region. This includes two factories in the Czech Republic and Turkey, which have a combined annual capacity of 600,000 units. The success of Hyundai provides over 205,000 people with work in Europe. Over 1,600 European dealerships are responsible for 2,500 sales outlets serving customers in 31 countries. Hyundai’s Technical Centre in Rüsselsheim, Germany, employs some of the best designers and engineers from across Europe, ensuring that Hyundai vehicles meet the needs of European customers and satisfy their design preferences. Also ride and handling characteristics are engineered for European roads.
In 2017, Hyundai Motor achieved another consecutive record year. Over 523,000 Hyundai vehicles were registered in Europe – an increase of 3.5 percent compared to 2016, growing stronger than the market. By mid-2018, 90 percent of Hyundai’s model line-up is younger than two years old. This makes it the youngest car range in Europe.