Web Reference: The Hyundai Motor Group (HMG; IPA: [ˈçjəːndɛ]; stylized as HYUNDAI) is a South Korean chaebol (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) [2][3] headquartered in Seoul, South Korea. Hyundai's parent company, Hyundai Motor Group, invested heavily in the quality, design, manufacturing, and long-term research of its vehicles. It added a 10-year or 100,000-mile (160,000 km) warranty to cars sold in the United States and launched an aggressive marketing campaign. Hyundai Group (Korean: 현대그룹; Korean pronunciation: [ˈçjəːndɛ] [1]) is a South Korean conglomerate founded by Chung Ju-yung. The group was founded in 1947 as a construction company.
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