Hyundai: The Modern Way

The company’s name means “modern” in Korean, and this company is known the world over as the Hyundai Group. This was founded by Chung Ju-yung in the year 1947 as a construction company, and was once become South Korea’s biggest conglomerate. Come 2003, the company was then split into five business entities that included the Hyundai Motor Group, the Hyundai Group, the Hyundai Department Store Group, and the Hyundai Development Group. However, before this split up came about, Hyundai had several major areas of activity that comprised of shipbuilding, car manufacture, construction, retailing, finance, and electronics. This conglomerate is known for the manufacturing of motor vehicles in several countries with the United States as a market for these cars that the View the rest of this article