 | |
| Type | Subsidiary |
|---|---|
| Industry | Automotive |
| Founded | 1999 |
| Headquarters | Bedfordview, South Africa |
| Parent | Hyundai Motor Company |
| Website | www |
Hyundai Automotive South Africa (Pty) Ltd. is a dealer network and automobile manufacturer based in Bedfordview, South Africa and a subsidiary of Hyundai. [1]
The company was formed in 1999 as a collaboration between the holding company Associated Motor Holdings and Hyundai. [2] It succeeded the dealer network Hyundai Motor Distributors (HMD).
The HMD network founded by Billy Rautenbach, with 52 branches, was able to offer vehicles that were inexpensively assembled by the Motor Company of Botswana and an extended warranty of three years. [3] With these and other aggressive methods, it had achieved a ten percent market share in South Africa. [3]
Hyundai has been assembling trucks in Gauteng since July 2014. [4] In March 2015, the assembly of the H100 was added. [5]
Hyundai Motor Company, often abbreviated to Hyundai Motors and commonly known as Hyundai, is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, and founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and also fully owns two marques including its luxury cars subsidiary, Genesis Motor, and an electric vehicle sub-brand, Ioniq. Those three brands altogether comprise the Hyundai Motor Group.
Sanyang Motor Co., Ltd. is a Taiwanese motorcycle manufacturer headquartered in Hukou, Taiwan. Founded in Taipei, Taiwan in 1954 by Huang Chi-Chun and Chang Kuo An, SYM currently has three major production facilities in Taiwan, mainland China, and Vietnam. SYM manufactures and sells scooters, motorcycles and ATVs under the Sanyang Motor [SYM] brand, while it also manufactures automobiles and mini-trucks under the Hyundai brand.
Nexus Automotive (Pvt) Ltd was an importer and assembler of General Motors products in Pakistan. The company was founded by M.A. Razaq, an expatriate Pakistani who retired as Corporate Vice President of General Motors Corporation, 1999. Balubaid Establishment of Saudi Arabia, a diversified group involved in automotive, real estate, and other industrial businesses, was an investor in the assembly business of Nexus Automotive. The company was privately owned, with ownership distributed between Pakistani and Saudi families. Nexus used the idle capacity at the Ghandhara Nissan Limited plant at Port Qasim to assemble vehicles, under a contract assembly agreement.
Australian Motor Industries (AMI) was an automobile assembly firm that was significant in the early history of the automotive industry in Australia.
The automotive industry in Pakistan is one of the fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 4% of Pakistan's GDP and employed a workforce of over 3.5 million people as of 2018. Pakistan is the 35th largest producer of automobiles. Its contribution to the national exchequer is nearly Rs. 50-billion. Pakistan's auto market is among the smallest but fastest growing in Asia. 269,792 cars were sold in 2018, but this number declined to 186,716 in 2019 due to austerity measures. In the 1990s and early 2000s, Pakistan had many Japanese cars. With the launch of the first Auto Policy in 2005, Pakistan launched its first indigenous car, Adam Revo. However, after the 2008 elections, the dollar started depreciating, and due to bad governance, many automakers began to halt production, with some exiting Pakistan. Currently, the auto market is dominated by Honda, Toyota, and Suzuki. However, on 19 March 2016, Pakistan passed a second "Auto Policy 2016-21," which offers tax incentives to new automakers to establish manufacturing plants in the country. In response, Renault, Nissan, Proton Holdings, Kia, SsangYong, Volkswagen, FAW, and Hyundai have expressed interest in entering the Pakistani market. MG JW Automobile Pakistan has signed a memorandum of understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor, to bring electric vehicles to Pakistan. NLC signed an agreement with Mercedes Benz to manufacture Mercedes Actros trucks in Pakistan. Pakistan has not enforced any automotive safety standards or model upgrade policies. A few older vehicle models, including the Bolan and Ravi, continue to be sold by Suzuki. On 8 July 2021, Jolta Electric launched the production of electric motorcycles.
Hyundai Motor India Ltd is a wholly owned subsidiary of the Hyundai Motor Company headquartered in South Korea. It is the second largest automobile manufacturer with 15% market share as of 2022 and US$5.5 billion turn-over in India.
TagAZ was an automotive assembly plant located in Taganrog, Russia. An affiliated enterprise is the Rostov Truck Factory.
The automotive industry in Bangladesh is the third largest in South Asia.
This article provides an overview of the automotive industry in countries around the world.
The Motor Company of Botswana (Pty.) Ltd. was joint venture of the Hyundai Motor Company with its local dealership Hyundai Motor Distributors (Pty.) Ltd. The company was founded in 1992 with its headquarters in Gaborone, Botswana. In February 1993 they began the assembly of Hyundai CKD kits until closing in 2001.
The Automotive industry in Kenya is primarily involved in the assembly, retail and distribution of motor vehicles. There are a number of motor vehicle dealers operating in the country.
The Sigma Motor Corporation was a South African motor vehicle assembler and distributor. It operated under the Sigma name until 1985 and was based in Silverton, Pretoria. Among the vehicles sold were various models of Mazda, Mitsubishi, Peugeot and Citroën.
South Africa is traditionally the leader in Africa of the automotive industry and now produces more than half a million automobiles annually of all types. While domestic development of trucks and military vehicles exists, cars built under license of foreign brands are the mainstay.
Nissan South Africa Pty Ltd is an automobile manufacturer based in Rosslyn, South Africa, and a subsidiary of Nissan.
The automotive industry in Egypt has been developing for 50 years. It can sell more than 200,000 vehicles annually and is now the second-largest market in Africa and the 42nd largest in the world, with an annual production output of over 70,000 vehicles. After experiencing many failures and success, the Egyptian Automotive industry is focusing more on assembly operations rather than manufacturing.
The automotive industry in the Philippines is the 9th largest in the Asia-Pacific region, with approximately 273.4 thousand vehicles sold in 2019. Most of the vehicles sold and built in the Philippines are from foreign brands. For the most part, the Philippines is dominated by Japanese automobile manufacturers like most of its ASEAN neighbors. The automobile production in the country is covered under the Philippine Motor Vehicle Development Program implemented by the Board of Investments. In addition, there are also a small number of independent firms who assemble and fabricate jeepneys and other similar vehicles, using surplus engines and drivetrain parts mostly from Japan.
Ford Motor Company of Southern Africa (Pty.) Ltd. is an automobile and commercial vehicle manufacturer with corporate headquarters in Pretoria.
Mercedes-Benz South Africa (Pty) Ltd. (MBSA) is a subsidiary of the Mercedes-Benz Group that manufactures passenger cars and commercial vehicles in South Africa.
Volkswagen of South Africa (Pty.) Ltd. is the South African subsidiary of German automotive manufacturing company Volkswagen Group based in Kariega, Eastern Cape.
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