I’ll help you create a blog post about Hyundai’s ownership. I’ll use the WebSearch tool to gather accurate information first. Based on the search results, I’ll craft the blog post about Hyundai’s ownership:
In the dynamic world of global automotive manufacturing, Hyundai Motor Company stands as a testament to South Korean industrial prowess. Founded in 1967 by visionary entrepreneur Chung Ju-yung, the company has evolved from a local manufacturer to a global automotive powerhouse, with a complex and intriguing ownership structure that reflects its rich corporate heritage.
The Founding Family’s Enduring Influence
At the heart of Hyundai’s ownership lies the Chung family, who have maintained significant control over the company since its inception. Currently, Chung Eui-sun serves as the Executive Chairman, continuing the family’s legacy of leadership. The Chung family’s influence extends beyond mere shareholding; they are deeply integrated into the company’s strategic decision-making processes.
Shareholding Breakdown
As of 2025, Hyundai Motor Company’s ownership is characterized by a diverse yet concentrated shareholding structure:
- Hyundai Mobis: Holds the largest stake, approximately 22.36% of the company
- Chung Family: Directly owns significant shares
- Chung Mong-koo: 5.57%
- Chung Eui-sun: 2.73%
- National Pension Service of Korea: Owns 7.31% of the shares
- Foreign Institutional Investors: Including global asset managers like BlackRock and Vanguard
- Public Shareholders: Comprising Korean and international retail investors
Corporate Structure and Affiliates
Hyundai operates within the Hyundai Motor Group, a complex network of interconnected companies. Key relationships include:
- Ownership of 33.88% of Kia Corporation
- Control of the Genesis luxury car brand
- Multiple global subsidiaries, including operations in India, China, Europe, and the Americas
Recent Ownership Developments
The company has been proactive in enhancing shareholder value. In a significant move, Hyundai announced a 4 trillion won ($3 billion) share buyback program in August 2024, demonstrating commitment to returning value to shareholders. Additionally, the company pledged to return at least 35% of its net profit annually through dividends and buybacks.
Global Presence and Market Position
As of November 2024, Hyundai ranks as the world’s third-largest carmaker by production volume. The company’s massive Ulsan facility in South Korea remains the world’s largest integrated automobile manufacturing plant, producing 1.6 million units annually.
Who is the current leader of Hyundai Motor Company?
+Chung Eui-sun serves as the Executive Chairman of Hyundai Motor Group, continuing the family’s leadership tradition.
What percentage of Kia does Hyundai own?
+Hyundai owns 33.88% of Kia Corporation as of 2025.
How has Hyundai’s ownership structure changed recently?
+Hyundai has implemented a share buyback program and committed to returning 35% of net profit to shareholders annually, demonstrating a more investor-friendly approach.