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hyundai motor co -gdr 144a (HYMPY) 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 -gdr 144a (HYMPY) Top Compensated Officers

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hyundai motor co -gdr 144a (HYMPY) Key Developments

Hyundai Motor Company Plans to Launch Compact MPV and Sub-Four Metre SUV for the Indian Market

Hyundai Motor Company is planning to launch a compact MPV and a sub-four metre SUV for the Indian market. The MPV is known internally as IP and will compete with similar offerings from Maruti Suzuki and Honda. The sub-compact SUV will be positioned below the Creta and will rival offerings from Ford and Mahindra. Both vehicles will be based on a new low-cost platform that will source some of its components from the Creta and the Grand i10. The automaker has not revealed the details of the engines.

Hyundai Motor Company Announces Interim Dividend on Common Shares and Preferred Shares for the Year 2015

Hyundai Motor Company announced interim dividend of KRW 1,000 per common share and KRW 1,000 per preferred share for the year 2015. Record date of dividend is June 30, 2015.

Hyundai Motor Company Reports Consolidated Earnings and Operating Results for the Second Quarter and First Half Ended June 2015

Hyundai Motor Company reported consolidated earnings and operating results for the second quarter and first half ended June 2015. For the quarter, the company's earnings sank 24% due to a sales drop in China and weakness in other markets due to falling currencies. Net income was KRW 1.79 trillion compared to KRW 2.3 trillion in last year. Sales stayed nearly flat at KRW 22.8 trillion compared to KRW 22.75 trillion in last year while operating profit dropped 16% to KRW 1.75 trillion from KRW 2.09 trillion in last year. Recurring profit was KRW 2.4 trillion compared to KRW 2.9 trillion in last year. Earnings sank 24% due to a sales drop in China and weakness in other markets due to falling currencies. Operating profit dropped 16.1% year-on-year to KRW 1.75 trillion from KRW 2.09 trillion a year ago. The decline in net profit came on the back of a 2.8% year-on-year fall in global sales volumes (wholesale basis) in the quarter. For the first half, the company reported sales of KRW 43.8 trillion compared to KRW 44.4 trillion a year ago. Operating profit was KRW 3.3 trillion compared to KRW 4.0 trillion a year ago. Recurring profit was KRW 4.7 trillion compared to KRW 5.6 trillion a year ago. Net profit was KRW 3.8 trillion compared to KRW 4.4 trillion a year ago. Globally, Hyundai's plants achieved sales of 1.23 million units in the second quarter. Of this total, domestic plants accounted for 498,000 units, representing a mild decline of 0.3% year-on-year, while sales from Chinese plants were down 14.3% year-on-year to 230,000 units. Sales from its plants in India stood at 298,000 units (up 2.4% year-on-year); in the United States at 91,000 units (down 7.3% year-on-year); in the Czech Republic at 87,000 units (up 6.5% year-on-year); in Turkey at 61,000 units (up 8.5% year-on-year); in Russia at 59,000 units (down 0.6% year-on-year); in Brazil at 43,000 units (down 5.1% year-on-year); and from its Chinese commercial vehicle subsidiary at 8,000 units (up 3.8% year-on-year). By segment, Hyundai sold 916,000 passenger vehicles in the quarter, which accounted for 74.3% of its total sales (wholesale basis), although it did represent a 4.9% year-on-year decline. Sales from the recreational vehicle segment came in at 233,000 units (up 3.1% year-on-year), giving it a share of 19% of total sales, while commercial vehicle sales stood at 84,000 units (up 6.3% year-on-year). Hyundai's retail vehicle sales in the first six months of 2015 stood at 2.33 million units, down 1.6% year-on-year. Of this total, sales in the domestic market came in at 335,000 units (down 3% y/y), while in its top-selling market, China, it suffered an 8.3% year-on-year decline in volumes to 498,000 units. On a wholesale basis, Hyundai's global plants achieved sales of 2.42 million units in the January-June period (down 3.2% year-on-year). Of this total, domestic plants accounted for 939,000 units, representing a decline of 3.5% year-on-year, while sales from Chinese plants were down 7.7% year-on-year to 510,000 units.


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