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Genuine Parts Company (GPC) is an American company engaged in the distribution of automotive replacement parts, industrial replacement parts, office products and electrical/electronic materials. GPC serves numerous customers from more than 2,600 operations around the world, and has approximately 48,000 employees. [ 1 ]
Hyundai Mobis [a] (Korean: 현대모비스 주식회사) is a public South Korean car parts company. Founded as Hyundai Precision & Industries Corporation ( 현대정공 ; 現代精工 ) in 1977, [ 1 ] the company forms the "parts and service" arm for the South Korean automakers Hyundai Motor Company , Genesis Motors and Kia Motors .
In 1983 Hyundai entered the semiconductor industry through the establishment of Hyundai Electronics (renamed Hynix in 2001). [8] In 1986, Hyundai Research Institute was established. [citation needed] In 1986 a Hyundai-manufactured IBM PC-XT compatible called the Blue Chip PC was sold in discount and toy
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The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% [5] of Kia Motors.. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025.
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