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Hyundai Mobis

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Hyundai Mobis
현대모비스 주식회사
Company typePublic
KRX:012330
IndustryAutomotive
Founded1977;47 years ago(1977)
HeadquartersSeoul,South Korea
Area served
Worldwide
Key people
Chung Mong-koo(Chairman)
Sung Hwan Cho (President&CEO)
ProductsAutomotive parts, armored vehicles
RevenueUS$$32.11 billion (2015)[1]
IncreaseUS$ 2.8 billion (2013)[2]
IncreaseUS$ 3.3 billion (2013)[2]
Total assetsIncreaseUS$ 33.2 billion (2013)[2]
Total equityIncreaseUS$ 19.5 billion (2013)[2]
OwnerKia Motors(21.43%)[3]
Number of employees
7,612 (March 31, 2014)
ParentHyundai Motor Group
Websitewww.mobis.co.kr

Hyundai Mobis[a](Korean:현대모비스 주식회사) is a publicSouth Koreancar parts company. Founded asHyundai Precision & Industries Corporation(현대정공;Hiện đại tinh công) in 1977,[1]the company forms the "parts and service" arm for the South Korean automakersHyundai Motor Company,Genesis MotorsandKia Motors.As of 2014, it was the "world's No. 6automotivesupplier ".[4]

History

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Headquartered inSeoul,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 automakersHyundai Motor Company,Genesis MotorsandKia Motors.[citation needed]In 2013, the company had revenue ofUS$33 billion.[2]As of 2014, it was "the world's No. 6automotivesupplier "inBloomberg.[4]

In June 2023, the company ranked #464 on theForbes Global 2000,with a market cap of US $15.14 billion. [1]In 2015, it had revenues of $32.11 billion.[1]

Products

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The company offerschassis,cockpit, and front-end modules; safety products, includingairbags;headlights;anti-lock brakesystem andelectronic stability controlproducts;steeringparts; multimedia systems;Kia Connectsystems;injection-moldedplastic parts, such as instrument panels, carriers, andbumpers;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]

Car production

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In the 1990s, Hyundai Precision produced theHyundai GalloperandSantamocars at theUlsanplant 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.

See also

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Notes

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  1. ^"Mobis" is short for "Mobile" and "System"

References

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  1. ^abcde"#297 Hyundai Mobis",Forbes,June 2023,retrievedJune 12,2023
  2. ^abcde"Hyundai Mobis Co Ltd (012330:Korea SE)".businessweek.RetrievedSep 10,2014.[dead link]
  3. ^현대차 지분 구조
  4. ^abJohn Lippert; Alan Ohnsman; Rose Kim (March 1, 2012)."Billionaire Chung Proving Hyundai No Joke Aiming for BMW".Bloomberg Business.
  5. ^Hyundai(May 2019),Hyundai,retrievedMarch 1,2019
[edit]
  • Official website
  • Mobis Japan Homepage
  • Mobis Alabama Homepage
  • Mobis India Homepage
  • Business data for Hyundai Mobis: