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Volume 168.9K
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hyundai corporation (011760) Details

Hyundai Corporation operates as a general trading company worldwide. The company offers long, flat, semi, nonferrous metal, coated steel, and steel pipes products, as well as slabs, billets, blank coins, and bank note papers; monomers, petroleum products, polymers, and inorganic fertilizers; and passenger cars, commercial vehicles, special vehicles, military vehicles, engines, and automobile parts. It also provides equipment, parts and signal communication systems for speed trains, subway trains, diesel cars, locomotives, passenger cars, and light rails; high-angle guns, military vehicles, armored cars, and weapons; and supertankers, bulk carriers, container ships, and gas tankers, as well as finances shipbuilding, repairs and remodels ships, and sells used ships. In addition, the company constructs environmental and marine, transporting and loading, and gas processing facilities, as well as power plants, oil refineries, petrochemical plants, and desalination plants; produces industrial facilities and supplies related equipment; and provides various turnkey services, as well as project financing and off take services. Further, it supplies electric equipment comprising generators, transformers, and distribution boards; offers commodities, engineering services, and turnkey services, as well as transportation, installation, and audit services; and provides trading and financing services. Additionally, the company offers PV modules, inverters, and wind turbines; excavators, wheel loaders, forklifts, industrial vehicles, supplementary equipment, pumping cars, cranes, and trucks; consumer electronics, power generators, and other items; mines for coal; develops oilfields; and invests in petroleum, gas, coal, bio fuel, mineral, farm operation, forest development projects, etc. Furthermore, it is engaged in shipbuilding, steel processing, and industrial field developing activities. The company was founded in 1976 and is headquartered in Seoul, South Korea.

Founded in 1976

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hyundai corporation (011760) Key Developments

Hyundai Announces Earnings Results for the Year 2014; Provides Sales Guidance for the Year 2015

Hyundai announced earnings results for the year 2014. For the year, the company has reported a 15% year-on-year fall in its 2014 net earnings as solid vehicle sales gains at home and in China were more than offset by the South Korean won's sharp appreciation against most global currencies and increased discounts on ageing models in the United States. During the year, the company’s net profit declined 14.9% year on year to KRW 7.65, compared with KRW 8.99 trillion in 2013. Operating profit dropped 9.2% year on year to KRW 7.56 trillion from KRW 8.32 trillion during 2013, while sales revenues stood at KRW 89.26 trillion, up slightly by 2.2% year on year from KRW 87.31 trillion in the previous year. This decline in net profit came despite the fact that Hyundai managed to achieve modest growth of 4% year on year in its global sales volumes (retail basis) last year. Globally, its vehicle sales in 2014 stood at 4.805 million units, of which domestic sales accounted for 684,000 units while overseas sales totaled 4.121 million units, representing increases of 6.7% year on year and 3.5% year on year, respectively. The company is aiming to sell 5.05 million units in global markets during 2015. Of this total, South Korean sales are expected to total 1.87 million units (up 0.5% year on year), split between domestic sales of 690,000 units (up 0.9% year on year), and export sales of 1.179 million units (down 1.3% year on year). Sales in China are predicted at 1.16 million units (up 3.6% year on year), followed by India with 635,000 units (up 3.6% year on year), the United States with 390,000 units (down 1.5% year on year), Turkey with 215,000 units (up 5.9% year on year), and other general markets with 781,000 units (up 4% year on year).

Hyundai Plans to Launch New Veloster Coupe

Hyundai announced that it will launch the new Veloster coupe in South Korea in month January 2015. The upgraded Veloster, on sale from tomorrow, is equipped with an 'engine sound equalizer' that allows the driver to tune the volume and tone of the 'virtual' engine's sound. The new Veloster also features motor-driven power steering and has better safety features such as a rollover sensor that automatically activates airbags in case the car is inverted. The D-spec version of the new model is priced at KRW 23.7 million which is KRW 900,000 more than its predecessor. Hyundai also reported that its seven-speed, double-clutch transmission helps improve fuel efficiency by 4% better than the previous Veloster to 12.3 kilometres per litre. The upgraded version has been incorporated with features more in tune with the taste of the young consumer in South Korea. The sale of the previous version of the Veloster commenced in April 2011 and it did reasonably well with a tally of 11,284 units in its launch year. The C-segment hatchback is built on the PB platform and IHS Automotive forecasts its sales to reach nearly 5,300 units in 2015.

Hyundai Introduces Santa Cruz Crossover Truck Concept At Detroit International Auto Show

Hyundai revealed its Santa Cruz Crossover Truck Concept at the North American International Auto Show in Detroit. To meet the specific needs of these Urban Adventurers, Santa Cruz doesn't focus on all the same attributes as traditional pickups. It's designed to meet more of their desires for expression, efficiency and maneuverability. The company's designers created a bold design that conveys this lifestyle, with a wide, sure-footed stance and an aggressive side-profile rake. The front view features an upright, hexagonal grille with cascading lines framing the sides, dual lens-free, honeycombed headlamp projectors, and prominent LED fog lamps. The side profile is highlighted by oversized wheels, Michelin® tires with a special tread design, center-locking hubs and yellow Brembo® brake calipers. For ease of access to the rear seats, Santa Cruz features convenient, rear-hinged rear doors which integrate seamlessly with the front door design. The wheel arches, roof, and bed rails offer convenient tie-down cleats for securing cargo of all shapes and sizes. From the rear, the concept presents highly-contoured bed forms, and for extra utility, the expandable bed can be easily reconfigured for longer cargo, using a unique drawer-like sliding function. Efficiency is a key attribute of its advanced powertrains, with an environmentally-friendly 2.0-liter Turbo Diesel powertrain delivering 190 horsepower and 300 lb.-ft. of torque, while achieving fuel economy in the high 30 mpg range. Santa Cruz also offers company's HTRAC All-wheel drive system, so there's no anxiety about getting those snowboarding fresh tracks right after a storm moves through. The concept is purposefully compact, and although it has four doors and seating for five, its overall footprint is similar to a small CUV. These dimensions make it ideal for navigating the urban jungle or a tight parking spot that most pickup drivers often have to pass by. It offers typical CUV driving character, but with a versatile cargo bed that provides separated storage for all they want to bring along, whether it's a trip to the recycling center, a surf or paddleboard session, or a couple of mountain bikes for the trails. Whatever the day's activity might bring -- all that dirty, sweaty, wet, sandy, bulky gear remains in the back of the truck, cleanly separated from the passenger compartment. During the work week, gear for that early morning hike or after-work hockey game stays securely locked in the back, under an integrated, rigid tonneau cover that conveniently retracts when not needed. It not only keeps items safe and out of sight, it also keeps the interior clean and fresh. Santa Cruz is the perfect vehicle for those that want the attributes of a CUV, but still have dirty stuff that belongs in the back. Sometimes, there are those needs that call for even more cargo room; that's why Santa Cruz offers a tailgate extension that allows the bed length to be expanded whenever those just in case moments arise. The extension is for everything from an epic mountain bike trip to bringing home an antique chest or classic motorcycle that's ripe for restoration. When fully extended, Santa Cruz's bed length is similar to a mid-size pickup, providing the ability to carry much more than its compact footprint would suggest, yet only when needed. Santa Cruz was designed to accommodate whatever the Urban Adventurer's lifestyle calls for, whether expected or unexpected.


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