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HD Hyundai Oil Bank Co., Ltd. (Korean: 에이치디현대오일뱅크 주식회사) is a petroleum and refinery company with its headquarters in Seosan, South Korea.It was established in 1964 as Kukdong Oil Industry Company (Korean: 극동정유; Hanja: 極東精油; RR: Geukdong Jeongyu; MR: Kŭktongjŏngyu) and later taken over by the Hyundai Group in 1993. [1]
In 2006, J.D. Power and Associates' quality ranking, overall the Hyundai brand ranked 3rd, just behind Porsche and Lexus, and beating longtime rival Toyota. [7] But Hyundai's ranking fell to twelfth in 2007. [8] However, in 2009, Hyundai was the Highest Ranked Non-Premium Nameplate in the J.D. Power and Associates Initial Quality Study. [9]
It is a major supplier in the heavy industries and energy sector, ranging from shipbuilding and marine engineering to oil refining, petrochemicals, and smart energy management businesses. HD Hyundai rebranded its name of Hyundai Heavy Industries Group (HHI Group) to 'HD Hyundai' in 2022 to mark its 50th anniversary.
Hyundai and Kia are recalling over 208,000 electric vehicles to fix a pesky problem that can cause loss of drive power, increasing the risk of a crash. The recalls cover more than 145,000 Hyundai ...
Hyundai told Automotive News that the kit will be available at all of its 820 dealers in the U.S. and will take around two and a half hours to install. Hyundai is also working on a software fix ...
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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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