The Hyundai Motor Company (Hangul: 현대자동차; Hanja: 現代自動車; RR: Hyeondae Jadongcha listen; Hangul: 현대; Hanja: 現代; MR: Hyŏndae, IPA: [hjə́ːndɛ], modernity; KRX: 005380) is a South Korean multinationalautomotive manufacturer headquartered in Seoul, South Korea. The company was founded in 1967 and, along with its 32.8% owned subsidiary, Kia Motors, together comprise the Hyundai Motor Group, which is the world’s fifth largest automaker based on annual vehicle sales in 2012.[needs update] In 2008, Hyundai Motor (without Kia) was ranked as the eighth largest automaker. Hyundai sold 4.4 million vehicles worldwide in 2012, and with Kia, total sales were 7.12 million.
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