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hyundai motor co ltd-prf (HYMPF) Snapshot

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hyundai motor co ltd-prf (HYMPF) Details

Hyundai Motor Company, together with its subsidiaries, manufactures and distributes motor vehicles and parts worldwide. It offers cars under Centennial/Equus, Genesis, Genesis Coupe, Azera, Sonata, i40, i40 Sedan, Elantra, Elantra Coupe, i30, i30 Wagon, i30 3DR, Veloster, Veloster Turbo, Accent, Accent 5DR, ix20, i20 5DR, i20 3DR, HB20, Grand i10, New Generation i10, Eon, and i10 names. The company also provides SUVs under Grand Santa Fe, Tucson/ix35, and Santa Fe names; and commercial vehicles comprising trucks, buses, special vehicles, and bare chassis products, as well as Eco vehicles under the names of ix35 Fuel Cell and Sonata Hybrid. In addition, it is involved in the provision of vehicle financing and credit card processing services; and manufacture of trains. Hyundai Motor Company was founded in 1967 and is headquartered in Seoul, South Korea.

Founded in 1967

hyundai motor co ltd-prf (HYMPF) Top Compensated Officers

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hyundai motor co ltd-prf (HYMPF) Key Developments

Hyundai Provides Mexico Sales Guidance for the Year 2015

Hyundai provided Mexico sales results for the year 2015. It expects sales of 22,000 units in 2015, compared with 12,000 in 2014.

Hyundai Motor Company Promoted Hwang Seung-Ho as its New IT Chief

Hyundai Motor Group promoted senior vice president Hwang Seung-ho as the carmaker's new IT chief. Hwang, a former Samsung Electronics executive, joined Hyundai in 2014 and has led the development of the carmaker's Bluelink telematics systems and related services. As the new head of Hyundai's automotive IT development center, he is expected to oversee key projects, including the commercialization of its self-driving car technology. His predecessor Kwack Woo-young, former LG Electronics R&D chief, will continue to serve as an adviser. The man behind LG's hit Chocolate and Prada phones joined Hyundai in 2012.

Hyundai Motor's Union Demands 7.8% Wage Increase

Hyundai Motor's domestic labour union has demanded an average monthly wage increase of KRW 159,900 (USD 146). This translates into an average increase of 7.8%. The union has also urged the company's management to hire all workers currently on contracts. The union passed 43 articles that will form the basis of its negotiations in the annual wage and collective agreement talks with the company. Nearly 48,000 Hyundai workers are affiliated members of the union. The union has also demanded that Hyundai's production plans for its domestic and overseas plants be agreed between labour and management. The union's demand for a pay increase is a regular feature of the annual wage negotiations. However, negotiations are likely to be difficult this year as the automaker is looking to implement big changes to its wage system. At Hyundai, wages are currently based on seniority and bonuses are tied to the number of hours worked, but the latest proposal aims to replace this with a task-based wage system, ranking production-line workers based on the importance and difficulty of tasks associated with their jobs, as well as the work environment and required level of training.


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HYMPF Competitors

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Company Last Change
Mitsubishi Corp ¥2,766 JPY +29.00
Nissan Motor Co Ltd ¥1,251 JPY -12.50
Panasonic Corp ¥1,798 JPY +6.00
Renault SA €98.67 EUR +0.15
Toyota Tsusho Corp ¥3,390 JPY -5.00
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Industry Average

Valuation HYMPF Industry Range
Price/Earnings 5.9x
Price/Sales 0.4x
Price/Book 0.6x
Price/Cash Flow 4.8x
TEV/Sales NM Not Meaningful

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