HYUNDAI COUPE TUSCANI

Hyundai was a multinational conglomerate company headquartered in Seoul and one of the largest South Korean chaebol. It was founded by Chung Ju-yung in 1947 as a construction company and Chung was the CEO and directly in control of the company until the end of his life. Two of the best-known Hyundai subsidiaries were Hyundai Motor Company, the world's fourth-largest automobile manufacturer by volume as of January 2011,and Hyundai Heavy Industries, currently the world's largest shipbuilder.
Hyundai underwent a massive restructuring following the 1997 East Asian financial crisis and Chung's death in 2001. Following the break-up, the rump Hyundai Group's business was reduced to manufacturing of elevators, container shipping services, and tourism. Today many companies bearing the name Hyundai are not part of or legally connected to the Hyundai Group. These companies include Hyundai Kia Automotive Group (including Hyundai Motor Company), Hyundai Department Store Group, Hyundai Heavy Industries Group, and Hyundai Development Group.
Most of the former subsidiaries of the Hyundai chaebol continue to be run by Chung's sons or their heirs. If these companies are considered as forming a broad family business, then it remains the single largest company in South Korea, with enormous economic and political power in the country.

0 comments:

Copyright © 2013 Super Race