Strategic Profile of Hyundai

Strategic Profile of Hyundai

Visionary Leadership Strengthens Global Automotive Market Dominance

RELEASE DATE
25-Sep-2023
REGION
North America
Deliverable Type
Market Research
Research Code: MH19-01-00-00-00
SKU: AU_2023_157
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AU_2023_157

Strategic Profile of Hyundai
Published on: 25-Sep-2023 | SKU: AU_2023_157

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This strategic profile offers an overview of the Hyundai Motor Group in South Korea, with a focus on the passenger vehicle market. The study expands the company's automotive business segment and includes Hyundai Motor Group's business snapshots, such as annual revenue, operating profit, and net profit, mainly contributed by Hyundai, Kia, and Genesis. It explores the company structure, including the ownership of the major shareholders of Hyundai Motor Group’s subsidiaries and provides the top 6 highlights for 2022, in addition to sales strategies, manufacturing strategies, product portfolio, and technologies strategies. Hyundai Motor Group has continued to grow, with total sales increasing from 6.7 million units in 2021 to 6.8 million units in 2022, a YoY increase of 2.7%. It ranks third in the global automotive market, with a sales market share of 8.4%.To strengthen the vertical value chain, Hyundai Motor Group adopts a complex management hierarchy organization supported by Hyundai Mobis, the world’s leading parts manufacturer, and strategic partnerships for battery plants with SK On and LG Energy Solution. The contribution of Hyundai Motor Group to fuel cell electric vehicles has transformed the automotive industry and has made it an important pioneer of the global automotive electrification trend which has disrupted the market for traditional internal combustion engine (ICE) vehicles.

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Automotive Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Scope of Analysis

Primary Questions This Study Will Answer

Growth Drivers

Growth Restraints

Company Overview

Company Structure

Subsidiary Ownership Structure

Major Highlights in 2022

SWOT Analysis

Product Sales Outlook

Product Sales Outlook by Brands

Sales in Leading Countries

Electric Vehicle Sales

Global Production Network

Supply Chain Strategy

Strategic Partnerships

Strategic Partnerships (continued)

Strategic Partnerships (continued)

Case Study—Hyundai’s Partnership Strategy in Thailand

Strategic Development Roadmap, 1967

R&D Facilities and Research Areas

Research and Development

Recent R&D Focus

Recent R&D Focus (continued)

Product Development Roadmap

Primary Collaborations

Development Roadmap of Hyundai Motor Group’s Platform

Development Roadmap of Hyundai Motor Group’s Connected Vehicle

Development Roadmap of Hyundai Motor Group’s Autonomous Driving

Growth Opportunity 1—Global Powertrain Transition

Growth Opportunity 1—Global Powertrain Transition (continued)

Growth Opportunity 2—Vertical Value Chain

Growth Opportunity 2—Vertical Value Chain (continued)

Growth Opportunity 3—Unique Value through Different Sub-brands

Growth Opportunity 3—Unique Value through Different Sub-brands (continued)

Growth Opportunity 4—Connected Vehicles and Autonomous Driving

Growth Opportunity 4—Connected Vehicles and Autonomous Driving (continued)

Acronyms

List of Exhibits

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This strategic profile offers an overview of the Hyundai Motor Group in South Korea, with a focus on the passenger vehicle market. The study expands the company's automotive business segment and includes Hyundai Motor Group's business snapshots, such as annual revenue, operating profit, and net profit, mainly contributed by Hyundai, Kia, and Genesis. It explores the company structure, including the ownership of the major shareholders of Hyundai Motor Group’s subsidiaries and provides the top 6 highlights for 2022, in addition to sales strategies, manufacturing strategies, product portfolio, and technologies strategies. Hyundai Motor Group has continued to grow, with total sales increasing from 6.7 million units in 2021 to 6.8 million units in 2022, a YoY increase of 2.7%. It ranks third in the global automotive market, with a sales market share of 8.4%.To strengthen the vertical value chain, Hyundai Motor Group adopts a complex management hierarchy organization supported by Hyundai Mobis, the world’s leading parts manufacturer, and strategic partnerships for battery plants with SK On and LG Energy Solution. The contribution of Hyundai Motor Group to fuel cell electric vehicles has transformed the automotive industry and has made it an important pioneer of the global automotive electrification trend which has disrupted the market for traditional internal combustion engine (ICE) vehicles.
More Information
Deliverable Type Market Research
Author Ming Lih Chan
Industries Automotive
No Index No
Is Prebook No
Keyword 1 Hyundai Corporate Strategy
Keyword 2 Automotive Industry Analysis
Keyword 3 Hyundai Market Trends
Podcast No
WIP Number MH19-01-00-00-00