Loading AI tools
South Korean company From Wikipedia, the free encyclopedia
Hyundai Mobis[lower-alpha 1] (Korean: 현대모비스 주식회사) is a public South Korean car parts company. Founded as Hyundai Precision & Industries Corporation (현대정공; 現代精工) in 1977,[1] the company forms the "parts and service" arm for the South Korean automakers Hyundai Motor Company, Genesis Motors and Kia Motors. As of 2014, it was the "world's No. 6 automotive supplier".[4]
Company type | Public |
---|---|
KRX: 012330 | |
Industry | Automotive |
Founded | 1977 |
Headquarters | Seoul, South Korea |
Area served | Worldwide |
Key people | Chung Mong-koo (Chairman) Sung Hwan Cho (President & CEO) |
Products | Automotive parts, armored vehicles |
Revenue | US$ $32.11 billion (2015)[1] |
US$ 2.8 billion (2013)[2] | |
US$ 3.3 billion (2013)[2] | |
Total assets | US$ 33.2 billion (2013)[2] |
Total equity | US$ 19.5 billion (2013)[2] |
Owner | Kia Motors (21.43%)[3] |
Number of employees | 7,612 (March 31, 2014) |
Parent | Hyundai Motor Group |
Website | www |
Headquartered in Seoul, South Korea, it was founded on June 25, 1977[1] as Hyundai Precision & Industries Corporation. In 2000, the company changed its name to Hyundai Mobis. The company forms the "parts and service" arm for the South Korean automakers Hyundai Motor Company, Genesis Motors and Kia Motors.[citation needed] In 2013, the company had revenue of US$ 33 billion.[2] As of 2014, it was "the world's No. 6 automotive supplier" in Bloomberg.[4]
In June 2023, the company ranked #464 on the Forbes Global 2000, with a market cap of US $15.14 billion. [1] In 2015, it had revenues of $32.11 billion.[1]
The company offers chassis, cockpit, and front-end modules; safety products, including airbags; headlights; anti-lock brake system and electronic stability control products; steering parts; multimedia systems; Kia Connect systems; injection-molded plastic parts, such as instrument panels, carriers, and bumpers; and steel wheel rims and decks. It also supplies after-sales service parts for vehicles. Concentrating its resources on A/S parts sales, module parts manufacture and parts export, Hyundai MOBIS has firmly established its position as the leading auto parts specialist company.[citation needed]
In the 1990s, Hyundai Precision produced the Hyundai Galloper and Santamo cars at the Ulsan plant next to Giant Hyundai motor complex. Hyundai motor Ulsan complex was at that time the world's single largest motor plant of 1.5 million units production capacity.[5]
I.E 5 assembly plant of 30,000 car production annual capacity since 2000s, but production shifted to the Hyundai Motor Company in 1999.
Seamless Wikipedia browsing. On steroids.
Every time you click a link to Wikipedia, Wiktionary or Wikiquote in your browser's search results, it will show the modern Wikiwand interface.
Wikiwand extension is a five stars, simple, with minimum permission required to keep your browsing private, safe and transparent.