Introduction to Hyundai Automotive East Africa
Associated Motor Holdings, a division of Imperial Holdings, announced during April 2000 that they had signed a distribution agreement with Hyundai Motor Company in Korea to import and distribute of Hyundai vehicles and parts for East Africa. Today, more than 9 years later, Hyundai Automotive SA is still committed to becoming the best automotive brand in Tanzania
Hyundai Motor Company Korea
Established in 1967, Hyundai Motor Co. has grown into the Hyundai-Kia Automotive Group which was ranked as the world’s fifth-largest automaker since 2007 and includes over two dozen auto-related subsidiaries and affiliates. Employing over 75,000 people worldwide, Hyundai Motor sold approximately 2.8 million vehicles globally in 2008, posting sales of US$25.6 billion on a non-consolidated basis (using the average currency exchange of 1257.5 won per US dollar). Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms.
Hyundai Motor Company Korea has also displayed a high level of commitment to the AMH operation and to Southern Africa’s future, both from an economic and political point of view. With this in mind, the message from Imperial, AMH and Hyundai Motor Company Korea is clearly that we are all serious about the automotive market and that we are in South Africa to stay.
Hyundai Automotive South Africa was selected as the Global distributor of the Year in 2005, which only serves to confirm the importance of South Africa to Hyundai Motor Co.
The Hyundai Motor Company
The Hyundai Motor Company was founded in 1967. It produced Korea’s first locally designed car in 1976, and now produces close to four million cars and commercial vehicles a year. Today, Hyundai employs over 68,000 people around the globe. We have manufacturing plants in Korea, India, the USA and the Czech Republic, and joint venture plants in China, Turkey, South-East Asia, South America, Africa and Russia.
Hyundai is growing into a brand appreciated by its customers by continuously striving to achieve the single goal of making excellent quality products with an emphasis on exceeding customer expectations.
Hyundai now ranks as the world’s fifth largest automotive corporation. What’s more, Hyundai annually invests billions of dollars in research and development to continuously bring you eye-catching, practical cars that are safer and more efficient than ever before.
The Hyundai logo may look like the first letter of our name, but it also symbolizes two people—the company and customer—shaking hands. Nowadays, with the value of a handshake declining, our promise to customers remains intact, in the form of a 5year/150 000km warranty on each and every car.