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In December 1993, Hyundai Capital Services [2] was founded under the name Hyundai Auto Finance overlooking automotive and housing finances. In 1999, the company changed its name to Hyundai Capital Services. Hyundai Capital Services started its auto leasing business in 2001 with its inaugural product, "Just Drive."
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.
In early 2022, Hyundai Motor Philippines, Inc. (HMPH) became the official distributor of Hyundai passenger cars in the country after the company was able to take over its passenger car operations from HARI, [114] Audrey Byun is the CEO, while Lee Dong-wook is the President and Victor Jose Vela is the Deputy General Manager of the company.
Starting today, Amazon car shoppers in 48 cities, including New York, Los Angeles, and Chicago, can “browse, order, finance, and schedule pickup” of a new Hyundai from local participating ...
GM and Hyundai signed an agreement on Thursday morning to explore jointly developing cars, powertrains, and various technologies, signaling how far Korean automakers have come over the past 30 years.
The company also recalled over 145,000 electric Genesis and IONIQ vehicles, including the IONIQ 6 2023 to 2025 and the Genesis GV60 2023 to 2025, according to the NHTSA.The recall was issued ...
The following is a list of the world's largest publicly traded financial services companies, ordered by annual sales for the latest Fiscal Year that ended March 31, 2018 or prior (all public companies with sales of $20 billion or more are included, while privately held companies are not included).
In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. [3] Hyundai Construction began operating outside of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam. [4] In 1950, Hyundai Togun was renamed Hyundai Construction. In 1958 ...