Exactly how are Kia and Hyundai related / organized?
Exactly how are Kia and Hyundai related / organized?
11-02-21, 08:13 PM
#2
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i mean honda has been yuuuuuge forever, and for upstart hyundai with their 2 main divisions now selling more cars than honda is epic.
11-02-21, 08:54 PM
#3
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How is Hyundai an upstart ? If I am not mistaken they have been selling cars in the US since late 80’s !
11-02-21, 09:09 PM
#4
Lexus Fanatic
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11-03-21, 11:14 AM
#5
Genesis would be an upstart. Hyundai and Kia have been mainstream for close to a decade.
I agree with LexBob2 look at them individually. If you do want to group them together then you need to include Genesis. Hyundai and Kia are sister companies yet are fiercely competitive against each other especially in KDM.
Hyundai Motor Group owns a 33.88% stake in Kia. Hyundai fully owns Genesis and Ioniq brands.
You'll notice the sales report GS69 posted, Hyundai and Kia are separate unlike Honda which posts with Acura included. A more accurate comparison would be Hyundai/Genesis vs Honda/Acura. I did a quick search and in the Bay Area every Genesis is paired with a Hyundai dealer, I don't see Kia.
I agree with LexBob2 look at them individually. If you do want to group them together then you need to include Genesis. Hyundai and Kia are sister companies yet are fiercely competitive against each other especially in KDM.
You'll notice the sales report GS69 posted, Hyundai and Kia are separate unlike Honda which posts with Acura included. A more accurate comparison would be Hyundai/Genesis vs Honda/Acura. I did a quick search and in the Bay Area every Genesis is paired with a Hyundai dealer, I don't see Kia.
11-03-21, 02:51 PM
#6
Moderator
Good job Hoovey2411 on properly categorizing Hyundai/Genesis. Hyundai has been around since 1967 and started selling cars in the U.S. in 1986 so they have been around awhile and are considered mainstream just like Toyota, Honda, Nissan, Mazda, Mitsubishi, etc.
Last edited by Trexus; 11-03-21 at 02:58 PM.
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11-03-21, 03:56 PM
#8
Genesis would be an upstart. Hyundai and Kia have been mainstream for close to a decade.
I agree with LexBob2 look at them individually. If you do want to group them together then you need to include Genesis. Hyundai and Kia are sister companies yet are fiercely competitive against each other especially in KDM.
Hyundai Motor Group owns a 33.88% stake in Kia. Hyundai fully owns Genesis and Ioniq brands.
You'll notice the sales report GS69 posted, Hyundai and Kia are separate unlike Honda which posts with Acura included. A more accurate comparison would be Hyundai/Genesis vs Honda/Acura. I did a quick search and in the Bay Area every Genesis is paired with a Hyundai dealer, I don't see Kia.
I agree with LexBob2 look at them individually. If you do want to group them together then you need to include Genesis. Hyundai and Kia are sister companies yet are fiercely competitive against each other especially in KDM.
Hyundai Motor Group owns a 33.88% stake in Kia. Hyundai fully owns Genesis and Ioniq brands.
You'll notice the sales report GS69 posted, Hyundai and Kia are separate unlike Honda which posts with Acura included. A more accurate comparison would be Hyundai/Genesis vs Honda/Acura. I did a quick search and in the Bay Area every Genesis is paired with a Hyundai dealer, I don't see Kia.
The only major difference logistically is that they have separate factories. Unions have a lot of power in South Korea, so Hyundai/Kia don't have the luxury of merging their factories, which would likely have greatly reduced the cost of tooling considering how much they share with one another. Likewise, Genesis is considered a Hyundai and not Kia because Genesis vehicles are built in Hyundai's Ulsan factory in South Korea, so the supply chain for Genesis is the same as that of Hyundai (the brand).
Last edited by Motorola; 11-03-21 at 03:59 PM.
11-03-21, 05:03 PM
#9
Lexus Fanatic
Genesis would be an upstart. Hyundai and Kia have been mainstream for close to a decade.
I agree with LexBob2 look at them individually. If you do want to group them together then you need to include Genesis. Hyundai and Kia are sister companies yet are fiercely competitive against each other especially in KDM.
.
I agree with LexBob2 look at them individually. If you do want to group them together then you need to include Genesis. Hyundai and Kia are sister companies yet are fiercely competitive against each other especially in KDM.
.
11-03-21, 05:13 PM
#10
completely wrong.
They share tech, suppliers, parts but operate independently.
https://www.autocarpro.in/news-natio...9-ss-kim-79780
“Globally Hyundai and Kia are competitors — similarly we will compete with each other in India as well,” he told Autocar Professional in a recent email interview. Both the Korean brands are part of the Hyundai Motor Group but have steered clear of each other at a time when alliances are the name of the game in the automobile industry.
Be it Toyota-Suzuki, Renault-Nissan, Skoda-Volkswagen or the more recently formed entity Stellantis (created by the merger of Groupe PSA and Fiat Chrysler Automobiles), every carmaker is looking at partnerships to take on challenges in an era marked by mobility disruptions.
Kim, however, added that in order to “meet customer values and cost of ownership while looking at Government policies and structural changes”, Hyundai and Kia “might share supply chain operations like vendors, powertrain sharing and technology sharing”. However, all other operations “are separate as per our brand ethos”.
Be it Toyota-Suzuki, Renault-Nissan, Skoda-Volkswagen or the more recently formed entity Stellantis (created by the merger of Groupe PSA and Fiat Chrysler Automobiles), every carmaker is looking at partnerships to take on challenges in an era marked by mobility disruptions.
Kim, however, added that in order to “meet customer values and cost of ownership while looking at Government policies and structural changes”, Hyundai and Kia “might share supply chain operations like vendors, powertrain sharing and technology sharing”. However, all other operations “are separate as per our brand ethos”.
https://www.autocarpro.in/news-natio...9-ss-kim-79780
11-03-21, 05:22 PM
#11
completely wrong.
They share tech, suppliers, parts but operate independently.
https://www.autocarpro.in/news-natio...9-ss-kim-79780
They share tech, suppliers, parts but operate independently.
https://www.autocarpro.in/news-natio...9-ss-kim-79780
Hyundai Motor Group includes HYUNDAI, KIA, GENESIS and more affiliates in other industries such as construction, steel, finance etc.
Hyundai Motor Group is a global corporation that has created a value chain based on automobiles, steel, and construction and includes logistics, finance, IT and service. With about 250,000 employees worldwide, the Group’s automobile brands include Hyundai Motor Co. and Kia Motors Corp. Armed with creative thinking, cooperative communication and the will to take on all challenges, we are working to create a better future for all.
Hyundai Motor Group is a global corporation that has created a value chain based on automobiles, steel, and construction and includes logistics, finance, IT and service. With about 250,000 employees worldwide, the Group’s automobile brands include Hyundai Motor Co. and Kia Motors Corp. Armed with creative thinking, cooperative communication and the will to take on all challenges, we are working to create a better future for all.
11-03-21, 06:16 PM
#12
Lexus Fanatic
iTrader: (20)
my point was hyundai/kia didn't start to really become competitive with honda/toyota until the last couple of years. The palisade/telluride combo helped and the new sedans and other utes.
Hyundai Motor Group owns a 33.88% stake in Kia. Hyundai fully owns Genesis and Ioniq brands.
Hyundai Motor Cars (basically the hyundai brand) owns that stake in Kia, but it's somewhat meaningless because Hyundai Motor Cars AND Kia are both part of Hyundai Motor Group.
You'll notice the sales report GS69 posted, Hyundai and Kia are separate unlike Honda which posts with Acura included.
A more accurate comparison would be Hyundai/Genesis vs Honda/Acura.
I did a quick search and in the Bay Area every Genesis is paired with a Hyundai dealer, I don't see Kia.
Anyway, slice/count 'em any way you want... hyundai/kia/genesis are all much bigger than they were 2 years ago.
11-03-21, 06:28 PM
#13
Exactly. Hyundai and Kia alone as companies are meaningless because HMG consists of other sub-companies that actually do the brunt of the work on the design, electronics, drivetrain development, and raw material procurement. Hyundai and Kia and Genesis merely exist to package the design and tech of HMG's other sub-companies into separate vehicles with different brand identities.
11-03-21, 06:34 PM
#14
Lexus Fanatic
iTrader: (20)
Exactly. Hyundai and Kia alone as companies are meaningless because HMG consists of other sub-companies that actually do the brunt of the work on the design, electronics, drivetrain development, and raw material procurement. Hyundai and Kia and Genesis merely exist to package the design and tech of HMG's other sub-companies into separate vehicles with different brand identities.