Hyundai is primarily associated with the Hyundai Motor Group, a global automotive conglomerate. This group encompasses several well-known automotive brands, with Hyundai Motor Company being a pivotal part of its structure.
The Hyundai Motor Group Ecosystem
The Hyundai Motor Group is one of the world's largest automotive manufacturers, bringing together various brands under a unified corporate umbrella. This structure allows for shared technologies, platforms, and resources, fostering innovation and market reach across different segments.
The key brands and their relationship within the Hyundai Motor Group include:
| Brand Name | Relationship to Hyundai Motor Group |
|---|---|
| Hyundai | A foundational brand and a core part of the group, known for its wide range of passenger vehicles. |
| Kia | A significant affiliate in which the company holds a 33.88 percent ownership stake. |
| Genesis | The group's luxury vehicle subsidiary, offering premium cars. |
| Ioniq | The dedicated electric vehicle (EV) brand, focusing on innovative electric mobility solutions. |
Hyundai Motor Group fully owns both its luxury car subsidiary, Genesis, and its electric vehicle brand, Ioniq, showcasing a strategic diversification into premium and future-oriented segments. The collective strength of these brands positions Hyundai Motor Group as a major player in the global automotive industry.
