BNET Industries
Last Fiscal Year Sales:$51.7B
- Public
Dow Jones Description
Who-dun-it? Hyundai- with its 10 million cars! Hyundai Hyundai Motor Company (Exchange: Korea) is Korea's leading automobile manufacturer. Its sales network extends to about 193 countries and it produces 14 models of cars and minivans, as well as trucks, buses, and other commercial vehicles. It has a presence in the USA, China, India, and Europe. Hyundai technology is known for its high quality and affordability. Founded in 1967, this $61 billion company is based in Seochu-Gu, Seoul and employs about 54,000 people. MotorWeek, America's most popular automotive videomagazine show, recognized the Hyundai Sonata as the Best Family Sedan in its 2006 'Drivers' Choice Awards
Interim President & Chief Executive Officer
John KrafcikNumber of Employees 57,000
Peer Companies
NAICS Code Motor Vehicle Body Manufacturing: 336211
Recent Events
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Hyundai unveils new Sonata, hopes for sales gains
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Hyundai Halts Passenger Car Sales In Japan
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Washington court reinstates $8M award against Hyundai
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IPIC says won't follow S.Korea refiner stake sale ruling
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Hagens Berman Files Class Action Against Hyundai for Defective Air Bags
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REFILE-New curves, good value drive Hyundai's China sales
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UPDATE 1-Hyundai sees its 2010 global sales improving on 2009
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Kia's West Point debut
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Hyundai Launches Kia Venga at Czech Plant
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BorgWarner Supplies Transmission Components for Hyundai's New Six-Speed Automatic Transmissions
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South Korean business sentiment hits 7-year high
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Hyundai Powers Up to Save Fuel
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Seoul shares fall; Lotte down on China Times deal
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Boss to Drive Corporate Sales in Europe
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Fight over high fees finds some justice
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Japanese see Hyundai as global threat
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Hyundai signs agreement with Central Bank of India for financing services
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HYUNDAI MOTOR UNVEILS EQUUS LIMOUSINE
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Hyundai Unveils the New Sonata
News & Analysis
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hyundai motor co. and seoul - All News and Analysis
S.Korean workers strike, priests join protests against US beef
SEOUL AFP — Tens of thousands of South Koreans staged work stoppages Wednesday in protest at US beef imports as President Lee Myung-Bak's government struggled with an economic downturn. The militant Korean Confederation of Trade Unions KCTU said 136,000 people were staging partial strikes from Wednesday,a dding that these...
Hyundai Motor boss escapes jail over huge slush fund
SEOUL AFP — The head of the world's sixth largest automaker on Thursday escaped a jail sentence for creating a multi-million dollar slush fund, after an appeal court ruled that his imprisonment would badly damage South Korea's economy. The Seoul High Court quashed a three-year prison sentence on Hyundai...
Hyundai chief appeals jail, vows to honour cash pledge
SEOUL AFP — The chief of South Korea's top automaker Hyundai Motor promised Tuesday to honour his pledge to donate about one billion dollars to charity as he appealed against a jail sentence for embezzlement. Chung Mong-Koo submitted a written pledge to the Seoul High Court through his defence...
Hyundai Motor union accepts night shift reforms
SEOUL AFP — Unionised workers at South Korea's largest automaker Hyundai Motor have agreed to the introduction of an additional work shift, settling a protracted dispute, company officials said Saturday. The union at Hyundai Motor's plant at Jeonju, 243 km (152 miles) south of Seoul, and the company struck...
Hyundai Motor boss gets three years for huge slush fund
SEOUL AFP — The head of South Korea's largest automaker Hyundai Motor has been sentenced to three years in prison for creating a multi-million dollar slush fund to bribe politicians and officials. Chung Mong-Koo, 68, was found guilty of breach of trust and of embezzling around 90 billion won...
Hyundai Motor chairman gets bail
SEOUL AFP — South Korea's Hyundai Motor chairman Chung Mong-Koo, on trial on corruption charges, has been granted bail, court officials said. "Chairman Chung will be released sometime today," Park Seong-Min, an official handling the case at Seoul central district court, told AFP. "We have already informed Hyundai...
Hyundai chief apologises over slush fund
SEOUL AFP — The chairman of Hyundai Motor, on trial for corruption charges, has apologised for personally approving a slush fund at the South Korean automaker, company officials said. Detained tycoon Chung Mong-Koo, 68, formally charged with breach of trust and embezzlement, sent a signed letter of apology to...
Hyundai gives go-ahead for Czech plant but delays contruction
SEOUL AFP — South Korea's Hyundai Motor plans to sign a contract to finalize a one-billion-euro (1.26 billion dollars deal to build a major auto plant in the Czech Republic, a spokesman has said. However the start of construction will be delayed indefinitely following the arrest of Hyundai Motor...
Hyundai, Czech govt to sign formal plant contract in mid-May
SEOUL AFP — South Korea's scandal-plagued Hyundai Motor confirmed it would finalize a one-billion-euro contact this month with the Czech Republic to build an auto plant. The confirmation came as the South Korean auto giant's global expansion drive hit a snag after Hyundai Motor chairman Chung Mong-Koo was arrested...
Hyundai Motor head arrested over slush fund scandal
SEOUL AFP — Hyundai Motor Group head Chung Mong-Koo has been arrested and thrown into a prison on charges of embezzlement and breach of trust following a month-old probe into a slush fund scandal. Wearing a sky blue tie and dark business suit, a grim-looking Chung, flanked by two...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| John Krafcik | Interim President & Chief Executive Officer |
| Ok Suk Koh | President and Chief Executive Officer |
| Steve Wilhite | COO |
| Christopher Hosford | Vice President, Corporate Communications |
| Kathy Parker | Vice President, Human Resources and Community Relations |
| Oles Gadacz | Director, Public Relations |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Kim Dong-Jin | Vice Chairman |
| Organization | Position | Status |
|---|---|---|
| Hyundai Motor Company | Interim President & Chief Executive Officer | Current |
| Hyundai Motor Company | Vice President, Product Planning & Strategic Planning | Former |
Ok Suk (Owen) Koh was named president and chief executive officer of Hyundai Motor America in January 2006. Koh is responsible for the strategic direction and management of the company's operations reporting to Hyundai Motor Company (HMC) in Korea. Mr. Koh joined Hyundai Group in 1978. He is a senior executive vice president of HMC and has been at HMA since 2005 where he served as chief executive coordinator. Mr. Koh moved to the United States in 1993 to lead HYPA, an HMC subsidiary in San Diego, Calif., which later changed its name to Hyundai Translead (HT). Mr. Koh served as Hyundai Translead's president and CEO. Mr. Koh graduated from Dong Kuk University with a bachelor of arts degree in business economics. He lives with his wife in California and has two children, one son and one daughter.
| Organization | Position | Status |
|---|---|---|
| Hyundai Motor Company | President and Chief Executive Officer | Current |
| Hyundai Translead | President and CEO | Former |
| Hypa Inc | Former |
| Organization | Position | Status |
|---|---|---|
| Hyundai Motor Company | COO | Current |
Christopher Hosford joined Hyundai Motor America in 1997 as Director of Communications. He is responsible for the company's corporate, product, and media relations. Hosford was formerly chief operating officer and director of the Automotive Group in the Los Angeles office of GCI, an international public relations firm. Prior to joining GCI Hosford was manager of Technology and Manufacturing Public Relations at Chrysler Corporation and a member of the corporate communications strategy team. Hosford began his work in public relations at Hill and Knowlton, Inc. where he was vice president of the firm's Japanese Business Division. Hosford began his career as a newspaper editor and later was a magazine editor and editorial director. Hosford serves on the board of several charitable organizations and is a member of the Public Relations Society of America and the International Motor Press Association.
| Organization | Position | Status |
|---|---|---|
| Hyundai Motor Company | Vice President, Corporate Communications | Current |
| Hill & Knowlton, Inc. | Former |
Kathy Parker joined Hyundai Motor America in 1988 as an analyst in the Administration department. She was named Vice President, Human Resources and Community Relations in 2005 after 14 years in the department. She is responsible for establishing Human Resources policy direction for Hyundai Motor America (HMA) and Hyundai Motor Finance Company and for providing counsel in all Human Resources related areas for new Hyundai operations in the United States. She is also responsible for directing Hyundai's community relations efforts. Before becoming a member of the Human Resources division, Kathy worked in several departments at Hyundai, including Administration, Human Resources and Marketing where she was a member of the launch team for the Hyundai Advantage, America's Best Warranty program. Kathy is a board member of the American Red Cross and a member of the Society of Human Resources Management. She lives in Yorba Linda with her husband and twin daughters. Kathy graduated from UCLA with degree in History and received her MBA from California State University, Dominguez Hills.
| Organization | Position | Status |
|---|---|---|
| Hyundai Motor Company | Vice President, Human Resources and Community Relations | Current |
| The American National Red Cross | Board Member | Current |
| The American National Red Cross | Member | Current |
| California State University | Mba | Former |
| University of California, Los Angeles | Degree In History | Former |
| Hyundai Corporation | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Hyundai Motor Company | Director, Public Relations | Current |
| Hyundai Motor Company | Director, Public Relations | Former |
| Organization | Position | Status |
|---|---|---|
| Hyundai Motor Company | Vice Chairman | Current |
Executive News
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/C O R R E C T I O N -- Paragon Auto Group/
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First Consumers to Get 'Cash For Clunkers' In The United States
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First Consumers to Get 'Cash For Clunkers' In The United States
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Hyundai advances cash to car dealers for 'clunkers' program
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Quality improves for Detroit Big 3
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INTERVIEW-Hyundai sees U.S. car sales improving in 4th qtr
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