Hyundai Motor Company is owned by the Hyundai Motor Group, a large South Korean conglomerate (chaebol) that acts as the parent organization of Hyundai
. Hyundai Motor Group owns a significant stake in Hyundai Motor Company and also holds about one-third (around 33%) ownership of Kia Corporation, which it acquired in 1998
. The ownership structure of Hyundai Motor Company is complex, involving a mix of institutional investors, founding family members, and public shareholders, with Hyundai Motor Group being the major controlling entity
. Hyundai Motor Group itself is one of the largest South Korean chaebols, alongside Samsung and SK Group, and includes various affiliated companies related to automotive manufacturing and other industries
. In summary:
- Hyundai Motor Company is primarily owned and controlled by Hyundai Motor Group.
- Hyundai Motor Group owns about 33% of Kia and fully owns Hyundai’s luxury brand Genesis and electric vehicle brand Ioniq.
- The ownership involves a mix of shareholders, but Hyundai Motor Group is the dominant controlling entity.
- The group was founded by Chung Ju-Yung and has evolved into a global automotive powerhouse headquartered in Seoul, South Korea
Thus, Hyundai is owned by the Hyundai Motor Group conglomerate, which manages and controls the company and its affiliated brands.
