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Hyundai Motor Group


The Hyundai Motor Group  is South Korea's largest automobile manufacturer, the second largest automaker in Asia after Toyota and the world's fourth largest automaker after Toyota, GM, and Volkswagen as of the end of 2010.The group was formed through the purchase of 51% of South Korea's second-largest car company, Kia Motors, by Hyundai Motor Company in 1998.As of July 2, 2011, Hyundai owns 49.2%  of Kia Motors.The Hyundai Kia Automotive Group also refers to the group of affiliated companies interconnected by complex shareholding arrangements, with Hyundai Motor Company regarded as the de facto representative of the Group. It is the third largest South Korean Chaebol or conglomerate after Samsung Group and LG Group and was previously known as the Hyundai Motor Group.
Net income $ 6.86 billion (2010)
Total assets $ 54 billion (2010)

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