MONEY Designjunction, 18-22 September 2013 MONEY MONEY

Total Page:16

File Type:pdf, Size:1020Kb

MONEY Designjunction, 18-22 September 2013 MONEY MONEY MONEY designjunction, 18-22 September 2013 MONEY MONEY Electrum Coin, BC 650, Lydia it Card, 2012, South Korea Ancient coins made from precious metals had an intrinsic value. Hyundai Card reinvented the credit card into a meticulously designed object of desirability, reattaching a sense of value to the exchange of money. PROCESS DETAIL Using unprecedented materials and techniques in its production, the card’s design is reminiscent of banknotes and coins. Discreet design features and the use of metal instead of plastic allude to contemporary coins, while the unique 1mm rounded corners of the Hyundai Card are reminiscent of banknotes. In addition to the utilisation of hi-tech equipment, each 6 and every card is completed with meticulous manual labor by craftsmen. 1 The standard round value by international 1 regulation is 3mm. 7 3 9 2 3 6) From R 3mm to R 1mm, 7) A new design of IC chip developed exclusive for Hyundai Card with a sharper corner and the Hyundai Card logo on it, 8) Chapter 2 color study, Hyundai Card’s com- pletely reformed card portfolio launched in 2013, 9) The plastic card plate of Hyundai Card consisting of seven layers of films and sheets to create the sense of depth within 0.8mm thickness 4 1) The molten Liquidmetal poured into the mould, 2) Laser engraving on a metal card plate, 3) Liquidmetal plate completed manually by a craftsman, 4) Pattern engraving on a hyper duralu- min plate, 5) Hyper duralumin plates color coating process 5 8 THE RED THE RED HYUNDAI CARD HISTORY HYUNDAI CARD HISTORY The card plate is at the core of our business. We see the card as the most advanced form of currency and try to maintain the value and prudence of a currency note. Hyundai Card Design Lab continuously proposes a new standard for the future currency. Plastic Plate Metal Plate 2002 2004 2006 2008 2009 2011 2012 Launch of M Designed by M 2nd Edition Premium Titanium Liquidmetal it Card M was the first credit Karim Rashid Hyundai Card revamped the card Launched the entry level premium card, the Red, The world’s first application of metal Produced in a vacuum, its smooth surface with it Card is a metal card collection with a range of card launched by A design collaboration design borrowing the visual completing the current premium card family, which implanting in credit card design. the Black handcrafted details provides a great tactile colours and materials that one can choose from, Hyundai Card after between a finance language of banknotes. now consists of the Black, the Purple, and the Red. and the Purple made of Titanium were experience while retaining the weight and steely further reinforcing the notion that a credit card the acquisition of company and a well launched after a trial period of 18 months touch of the original raw material. can be a meticulously designed object of desirability. Diners Korea by known designer was and 1,200 test samples. Hyundai Motors Group. a sensational approach in the industry at that time. 2003 2005 2007 2008 2010 2012 2013 M Mini the Black Colour Core Alphabet Platinum Series R3 to R1 Chapter 2 M Mini (a credit The first and now the To increase the ‘share The completion of the alphabet card portfolio. Launched Platinum 3 series, Hyundai Card challenged the international regulation for The card portfolio was completely card of half the most iconic VVIP card of wallet’, applying The alphabet card portfolio was organised completing the platinum series credit card design and changed the round value of card overhauled to provide customers size of a regular exclusive to Korea’s top colour to the edge of according to the English alphabet, a new systematically structured by number corners to 1mm to give a more prudential image as well as to with maximized simplicity and credit card) was 0.05% was introduced. the cards for the first approach in the industry at the time, allowing signifying the level of strengthened preoccupy a unique shape identity. The standard round value fuss-free benefits. designed with the time in Korea made customers to intuitively and easily understand benefits. by international regulation is 3mm. notion that the Hyundai credit cards what benefits were available while strengthening credit card could be visually stand out Hyundai Card’s brand identity by utilising a a fashion item. among the rest. consistent visual look. IT CARD IT CARD EXHIBITION EXHIBITION Sometimes, the process says more than the result. In May 2013, we held our first design exhibition in Seoul, giving a behind the scenes look at its design projects from 2002 to 2013. Unlike more conventional exhibitions, we focused on presenting the aim and the process of our extensive design projects rather than displaying the final outcomes. We wanted to recreate the feeling of a design studio where things are continuously created on a big table stacked with papers and mock-ups. A 3D printer and an XY plotter worked ceaselessly throughout the exhibition opening producing objects and drawings designed by the design lab. The work was divided into four categories and arranged chronologically along a track around the table. While the design process for the projects was displayed on the table-top itself, the outcomes themselves were hidden in especially made boxes with magnifying lenses, encouraging the visitors to interact with the work and peer inside the boxes in order to see the final results. designed by Hyundai Card exhibition @ Hyundai Card Design Li- brary, Seoul, Korea 14 May - 1 September 2013 BEHIND THE CREDIT CARD BEHIND THE CREDIT CARD OYSTER; Emart x Hyundai Card, 2013 BEHIND THE CREDIT CARD BEHIND THE CREDIT CARD We design more than just cards We not only design cards but our projects cover a wide range from design water bottles and rubber gloves to spaces and experiences for our brand to permeate into the everyday lives of our customers. Through such projects Hyundai Card 5 endeavours to evolve into a brand that you can experience and care about. 1 3 4 6 1 / 2) the Hyundai Card Music Pop Up Store, 2012, 3) Youandi Modern, the corporate typeface, 2012, 4) ‘The Table’, a chess table in the shape of Yeoido, the financial district of Seoul, and chess pieces reinterpreted into a grid referencing the skyscrapers that Yeo- ido is famous for., 5 / 6) OYSTER, a lifestyle brand made in collaboration with Emart, the largest supermarket chain in Korea, 2013, 7 / 8) it Water, 2011 2 7 8 BEHIND THE CREDIT CARD BEHIND THE CREDIT CARD GS ICE CUP 2012 it water 2011 records at a store. The pop-up store was The project began with redesigning signposts, ‘Designed by In collaboration with GS25, one of the big two It is commonly believed in Korea that imported situated in Hongdae, the heart of indie culture something that was urgently needed. The convenience store chains in Korea, we designed bottled water brands are healthier and cooler in Seoul. It ran for 113 days, during which 65 project then looked at every aspect of the Hyundai Card’ has and branded an ice drink that our than their domestic counterparts. it water was bands played weekend concerts attracting over hiking experience not only for the hikers’ customers were then able to buy with therefore designed to raise awareness that 16,224 visitors. convenience but also to help revitalise the local accumulated Hyundai Card loyalty points (M drinking local water can be just as healthy and community. become a brand in points). The ice drink then went on to become trendy with a smaller carbon footprint. Symbolising the ponies grazing around the the chain’s best seller. island, the signage was designed to be easily itself. spotted yet unintrusive to the beauitful landscape of Jeju island. Hyundai Card Design Lab, a multi disciplinary C.I. & B.I. 2003 in-house design department, is the creative The C.I. of Hyundai Card depicts the outline of a Wailing Wall 2011 drive behind Hyundai Card. In addition to the credit card inside a wallet and is widely applied The ‘Wailing Wall’ broadcasts unfiltered real- highly celebrated Hyundai credit card series, to build the overall brand identity. time customers’ complaints on 60 monitor the department has engaged in a wide range of screens accompanied by the sound of an old Tangram iPhone Case 2012 projects through design collaboration and design typewriter. In collaboration with Tangram, we designed an donation as well as self-initiated projects. In iPhone 5 case with a special pocket for credit recent years, ‘Designed by Hyundai Card’ has cards, thus combining two essential everyday become a brand in itself, symbolising Hyundai Finance Shop Renewal 2013 it Card Pop Up Store 2012 items. Card’s design ethos that emphasises logic and The Hyundai Card Finance shop is newly To further reinforce the notion of the it Card rationale. Hyundai Card Design Lab’s extensive reformed ‘brick-and-mortar‘ brand space. as a desirable fashion item, Hyundai Card set design work can be classified into the four Knowing that a finance company’s offline up an it Card pop-up store alongside small following categories: presence is often uninteresting or even avoided boutiques and cafes in Garosu-gil, the most Korea National Ballet 2012 by some, we focused on creating a fashionable neighborhood in Seoul. To create the visual identity of the Korea Business Design comfortable and interesting place for our The it Card pop-up store welcomes visitors National Ballet, we captured images of a The card plate is at the core of our business. customers to visit.
Recommended publications
  • Hyundai Card/Hyundai Capital and GE Money
    Hyundai Card/Hyundai Capital and GE Money: Re-branding Decisions in a Successful Joint Venture 01/2009-5557 This case was written by Nina Paavola, Research Associate, under the supervision of Amitava Chattopadhyay, the L’Oréal Chaired Professor of Marketing Innovation and Creativity at INSEAD. It is intended to be used as a basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. The support of Mr. Ted Chung, Mr. Bernard van Bunnik, Ms. Jihae Kim, and all the interviewees of Hyundai Card, Hyundai Capital and GE Money is gratefully acknowledged. Copyright © 2008 INSEAD TO ORDER COPIES OF INSEAD CASES, SEE DETAILS ON THE BACK COVER. COPIES MAY NOT BE MADE WITHOUT PERMISSION. Introduction At 8:00 am on a crisp and sunny day in Seoul, Ted Chung, President and CEO of Hyundai Card Co., Ltd. (Hyundai Card) and Hyundai Capital Services, Inc. (Hyundai Capital), was deep in discussion with General Electric’s Bernard van Bunnik, Deputy CEO and GE Board Member of the two joint ventures (JV).1 The discussion focused on two critical branding issues raised at a recent Focus Meeting, a weekly gathering of the senior management team where key issues were freely discussed. The Hyundai Capital joint venture was formed in October 2004, and the Hyundai Card joint venture followed in October 2005, with a total initial investment (equity injection and subordinated debt) of US$1.8 billion from General Electric (GE). GE’s share of the JV was 43%. In the first full year since the formation of the partnership, results greatly exceeded expectations.
    [Show full text]
  • Hyundai Motor Company and Its Subsidiaries
    HYUNDAI MOTOR COMPANY AND ITS SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS AND SIX MONTHS ENDED JUNE 30, 2017 AND 2016 ATTACHMENT: INDEPENDENT ACCOUNTANTS’ REVIEW REPORT HYUNDAI MOTOR COMPANY WorldReginfo - 91c5474f-85a7-4929-8628-024c7a780b17 Contents INDEPENDENT ACCOUNTANTS’ REVIEW REPORT ---------------------------------------------------- 1 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ----------------------------------- 4 CONSOLIDATED STATEMENTS OF INCOME ------------------------------------------------------- 6 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME ---------------------------- 7 CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY ------------------------------------ 8 CONSOLIDATED STATEMENTS OF CASH FLOWS ----------------------------------------------- 10 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ---------------------------------------- 12 WorldReginfo - 91c5474f-85a7-4929-8628-024c7a780b17 Deloitte Anjin LLC 9F., One IFC, 10, Gukjegeumyung-ro, Youngdeungpo-gu, Seoul 07326, Korea Tel: +82 (2) 6676 1000 Fax: +82 (2) 6674 2114 www.deloitteanjin.co.kr INDEPENDENT ACCOUNTANTS’ REVIEW REPORT English Translation of Independent Accountants’ Review Report Originally Issued in Korean on August 14, 2017 To the Shareholders and the Board of Directors of Hyundai Motor Company: We have reviewed the accompanying condensed consolidated financial statements of Hyundai Motor Company (the “Company”) and its subsidiaries. The condensed consolidated financial statements consist of the condensed
    [Show full text]
  • PDF Download
    HYUNDAI MOTOR COMPANY AND ITS SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2015 AND 2014 ATTACHMENT: INDEPENDENT ACCOUNTANTS’ REVIEW REPORT HYUNDAI MOTOR COMPANY Contents INDEPENDENT ACCOUNTANTS’ REVIEW REPORT ---------------------------------------------------- 1 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ----------------------------------- 4 CONSOLIDATED STATEMENTS OF INCOME ------------------------------------------------------ 6 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME --------------------------- 7 CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY ------------------------------------ 8 CONSOLIDATED STATEMENTS OF CASH FLOWS ----------------------------------------------- 10 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ---------------------------------------- 12 INDEPENDENT ACCOUNTANTS’ REVIEW REPORT English Translation of Independent Accountants’ Review Report Originally Issued in Korean on May 15, 2015 To the Shareholders and the Board of Directors of Hyundai Motor Company: We have reviewed the accompanying consolidated financial statements of Hyundai Motor Company (the “Company”) and its subsidiaries. The consolidated financial statements consist of the consolidated statement of financial position as of March 31, 2015, the related consolidated statements of income, comprehensive income, changes in equity and cash flows for the three months ended March 31, 2015 and 2014, respectively, all expressed in Korean Won, and a summary of significant accounting policies
    [Show full text]
  • Hyundai Motor Company FY2017 1Q Consolidated Audit Report
    HYUNDAI MOTOR COMPANY AND ITS SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE-MONTH AND NINE-MONTH PERIODS ENDED SEPTEMBER 30, 2019 AND 2018 (Unaudited) ATTACHMENT: INDEPENDENT AUDITORS’ REVIEW REPORT HYUNDAI MOTOR COMPANY WorldReginfo - 0b556742-746d-4a9a-914c-376b3d69b455 Contents INDEPENDENT AUDITORS’ REVIEW REPORT ----------------------------------------------------------- 1 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ----------------------------------- 4 CONSOLIDATED STATEMENTS OF INCOME ------------------------------------------------------ 6 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)----------------------7 CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY ------------------------------------ 8 CONSOLIDATED STATEMENTS OF CASH FLOWS ----------------------------------------------- 10 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ----------------------------------- 12 WorldReginfo - 0b556742-746d-4a9a-914c-376b3d69b455 KPMG Samjong Accounting corp. 27th fl., Gangnam Finance Center Tel 82 2 2112 0100 737 YeokSam Dong, KangNam-gu Fax 82 2 2112 0101 Seoul 135-984 www.kr.kpmg.com Republic of Korea Independent Auditors’ Review Report The Board of Directors and Shareholders Hyundai Motor Company: Reviewed financial statements We have reviewed the accompanying condensed consolidated interim financial statements of Hyundai Motor Company and its subsidiaries (the “Group”), which comprise the condensed consolidated statement of financial position as of September 30, 2019, the condensed
    [Show full text]
  • Annual Report 2006 NULRPR 2006 REPORT ANNUAL I OOSCORPORATION MOTORS KIA Copyright ⓒ 2006 by KIA MOTORS Corp
    For Environmental protection, this catalog can be recycled Annual Report 2006 ANNUAL REPORT 2006 KIA MOTORS CORPORATION Copyright ⓒ 2006 by KIA MOTORS Corp. Produced IR-Plus 231, Yangjae-Dong, Seocho-Gu, Seoul, Korea, 137-938 TEL : 82-2-3464-1114 www.kia.co.kr www.kmcir.com 1944 2002 _Founded as ‘Kyungsung Precision _Cumulative production reached Industry’ 10 million units _China plant(Dongfeng Yueda Kia) 1973 started mass production _Began production of 1st Korean- made passenger car, ‘Brisa’ 2005 _Cumulative export reached 5 M units 1975 _Groundbreaking of China 2nd plant _First export of built-up car, ‘Brisa pickup’ 2006 _Europe plant(Kia Motors Slovakia) started mass production 1988 _Groundbreaking of US plant (Kia _ Cumulative production reached Motors Manufacturing Georgia) 1 million units 1999 _Merged by Hyundai Motor Co. Kia Motors IR Team Title Name E-mail Head of IR Dong-Won Kang [email protected] Manager Hwan-Wook Lee [email protected] Assistant Manager Yong-Hyup Ko [email protected] * This annual report contains performance results, financial data as well as the business outlook and strategies of Kia Motors Corp. Associate Sung-Yeon Hwang [email protected] The statements herein represent Management’s objective judgment, but Kia Motors’ actual results in the future could differ materially from those presented here. Please understand, therefore, the accuracy and completeness of forward-looking statements Associate Su-Yeon Chae [email protected] cannot be guaranteed. Contents 002 History 004 Chairman's Message 006 President's Message
    [Show full text]
  • Hyundai Motor Company and Its Subsidiaries
    HYUNDAI MOTOR COMPANY AND ITS SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2018 AND 2017 ATTACHMENT: INDEPENDENT ACCOUNTANTS’ REVIEW REPORT HYUNDAI MOTOR COMPANY WorldReginfo - bbd302ec-7f81-44ee-9880-f4b40ffa084c Contents INDEPENDENT ACCOUNTANTS’ REVIEW REPORT ---------------------------------------------------- 1 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ----------------------------------- 4 CONSOLIDATED STATEMENTS OF INCOME ------------------------------------------------------ 6 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME --------------------------- 7 CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY ------------------------------------ 8 CONSOLIDATED STATEMENTS OF CASH FLOWS ----------------------------------------------- 10 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS ---------------------------------------- 12 WorldReginfo - bbd302ec-7f81-44ee-9880-f4b40ffa084c Deloitte Anjin LLC 9F., One IFC, 10, Gukjegeumyung-ro, Youngdeungpo-gu, Seoul 07326, Korea Tel: +82 (2) 6676 1000 Fax: +82 (2) 6674 2114 www.deloitteanjin.co.kr INDEPENDENT ACCOUNTANTS’ REVIEW REPORT English Translation of Independent Accountants’ Review Report Originally Issued in Korean on May 15, 2018 To the Shareholders and the Board of Directors of Hyundai Motor Company: We have reviewed the accompanying condensed consolidated financial statements of Hyundai Motor Company (the “Company”) and its subsidiaries. The condensed consolidated financial statements consist of the condensed consolidated
    [Show full text]
  • Hyundai Motor Company and Its Subsidiaries Consolidated Financial
    HYUNDAI MOTOR COMPANY AND ITS SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE-MONTH PERIODS ENDED MARCH 31, 2021 AND 2020 (Unaudited) ATTACHMENT: INDEPENDENT AUDITORS’ REVIEW REPORT HYUNDAI MOTOR COMPANY Contents INDEPENDENT AUDITORS’ REVIEW REPORT ----------------------------------------------------------- 1 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ----------------------------------- 4 CONSOLIDATED STATEMENTS OF INCOME ------------------------------------------------------ 6 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME --------------------------- 7 CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY ------------------------------------ 8 CONSOLIDATED STATEMENTS OF CASH FLOWS ----------------------------------------------- 10 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ----------------------------------- 12 152, Teheran-ro, Gangnam-gu, Seoul 06236 (Yeoksam-dong, Gangnam Finance Center 27th Floor) Republic of Korea Independent Auditors’ Review Report The Board of Directors and Shareholders Hyundai Motor Company: Reviewed financial statements We have reviewed the accompanying condensed consolidated interim financial statements of Hyundai Motor Company and its subsidiaries (the “Group”), which comprise the condensed consolidated statement of financial position as of March 31, 2021, the condensed consolidated statements of income, comprehensive income, changes in equity and cash flows for the three-month periods ended March 31, 2021 and 2020 and notes, comprising a summary of significant
    [Show full text]
  • HMC Investor Presentation Hyundai Motor Company August 2020 Retaining Core Strength
    HMC Investor Presentation Hyundai Motor Company August 2020 Retaining Core Strength Key Highlights P. 1 Mix Improvement & ASP Growth New Model Big Cycle P. 2 Global Sales and Market Share P. 3 Geographic Sales Mix P. 4 Product Mix & ASP trend P. 5 Future Growth Strategy BEV Strategy P. 6 FCEV Strategy P. 8 Introducing “Motional” P. 11 Key Highlights Earnings Improvement led by Strong Model Cycle + 8 % Target OPM of Automotive Division in 2025 * Hyundai, Genesis, Kia combined ex. Kia - 26 models / 920K units 1 New Model Big Cycle 2019 2020 2021~ 2 Global Sales and Market Share Global sales and market share trend (Thousand units) 5.7% 5.7% 5.7% 5.6% 5.6% 5.5% Turning around 5.3% 5.3% 5.1% 4.9% 4.9% Hyundai M/S 4,835 4,844 4,920 4,621 4,537 4,495 4,476 4,099 4,392 3,701 1,630 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 H1 2020 · Source : IHS, Company data Market share by region 2018 2019 H1 2020 41.6% 41.5% 4.2% 4.3% 17.3% 16.8% 3.9% 3.0% 3.0% 2.8% 3.4% 3.1% 39.7% 16.3% 2.4% Korea India United States Europe China 1st model launch of 3rd gen. platform by regions Q1 19 Sonata Q4 19 Sonata H2 20 Tucson H2 20 Sonata, Elantra 3 Geographical Sales Mix Sales by Region Competitive mix in Developed Market 2018 2019 H1 2020 Korea N.America W.Europe China E.Europe, Russia AMEA India S.
    [Show full text]
  • Accelerate Hyundai Proposals Unlocking Value at One of the World’S Leading Automotive Brands
    Accelerate Hyundai Proposals Unlocking Value at One of the World’s Leading Automotive Brands 1 Important Information This Presentation (i) is from and is published by Elliott Associates, L.P. (“EALP”) and Potter Capital LLC (“Potter”), both of which are Elliott affiliates; and (ii) accompanies a letter from EALP and Potter to the directors of Hyundai Mobis Co., Ltd., Hyundai Motor Company, and Kia Motors Corporation (the “Letter”). Capitalized terms used in this Presentation shall unless otherwise defined bear the meanings ascribed to them in the Letter. Many of the statements in this Presentation as well as in the Letter are the opinions and/or beliefs of EALP and/or Potter, which are based on their own analysis of publicly available information. Any statement or opinion expressed or implied in this Presentation and the Letter is provided in good faith but only on the basis that no investment decision(s) will be made based on, or other reliance will be placed on, any of the contents herein by others. EALP, Potter, Elliott and/or any of their respective affiliates (i) may at any time in the future, without notice to any person (other than as reQuired under, or in compliance with, applicable laws and regulations), increase or reduce their holdings of any Hyundai group entity’s shares or other eQuity or debt securities (including such securities and derivative products directly and/or indirectly related to such securities including, for example, KOSPI 200 Index) and/or may at any time have long, short, neutral or no economic or other exposure
    [Show full text]
  • Strategy 2025
    HMC Investor Presentation Hyundai Motor Company November 2020 Retaining Core Strength Key Highlights P. 1 Mix Improvement & ASP Growth New Model Big Cycle P. 2 Global Sales and Market Share P. 3 Geographic Sales Mix P. 4 Product Mix & ASP trend P. 5 Future Growth Strategy BEV Strategy P. 6 FCEV Strategy P. 8 Introducing “Motional” P. 11 Key Highlights Earnings Improvement led by Strong Model Cycle + 8 % Target OPM of Automotive Division in 2025 * Hyundai, Genesis, Kia combined ex. Kia - 26 models / 920K units 1 New Model Big Cycle 2019 2020 2021~ 2 Global Sales and Market Share Global sales and market share trend (Thousand units) 5.7% 5.7% 5.7% 5.6% 5.6% 5.5% Turning around 5.3% 5.2% 5.1% 4.9% 4.9% Hyundai M/S 4,835 4,844 4,920 4,621 4,537 4,495 4,476 4,099 4,392 3,701 2,645 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 Q3 YTD · Source : IHS, Company data Market share by region 2018 2019 3Q2020 YTD 3Q 2020 YTD 41.6% 42.8% 17.6% 4.2% 4.4% 17.3% 3.9% 3.0% 3.0% 3.0% 3.4% 3.1% 39.7% 16.3% 2.3% Korea India United States Europe China 1st model launch of 3rd gen. platform by regions Q1 19 Sonata Q4 19 Sonata H2 20 Tucson H2 20 Sonata, Elantra 3 Geographical Sales Mix Sales by Region Competitive mix in Developed Market 2018 2019 2020 Q3 YTD Korea N.America W.Europe China E.Europe, Russia AMEA India S.
    [Show full text]
  • Hyundai Motor Company and Its Subsidiaries
    HYUNDAI MOTOR COMPANY AND ITS SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS FOR THE THREE-MONTH PERIODS ENDED MARCH 31, 2020 AND 2019 (Unaudited) ATTACHMENT: INDEPENDENT AUDITORS’ REVIEW REPORT HYUNDAI MOTOR COMPANY Contents INDEPENDENT AUDITORS’ REVIEW REPORT ----------------------------------------------------------- 1 CONSOLIDATED FINANCIAL STATEMENTS CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ----------------------------------- 4 CONSOLIDATED STATEMENTS OF INCOME ------------------------------------------------------ 6 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME --------------------------- 7 CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY ------------------------------------ 8 CONSOLIDATED STATEMENTS OF CASH FLOWS ----------------------------------------------- 10 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS ----------------------------------- 12 152, Teheran-ro, Gangnam-gu, Seoul 06236 (Yeoksam-dong, Gangnam Finance Center 27th Floor) Republic of Korea Independent Auditors’ Review Report The Board of Directors and Shareholders Hyundai Motor Company: Reviewed financial statements We have reviewed the accompanying condensed consolidated interim financial statements of Hyundai Motor Company and its subsidiaries (the “Group”), which comprise the condensed consolidated statement of financial position as of March 31, 2020, the condensed consolidated statements of income, comprehensive income, changes in equity and cash flows for the three-month periods ended March 31, 2020 and 2019 and notes, comprising a summary of significant
    [Show full text]
  • Hyundai Motor Company and Subsidiaries Consolidated
    HYUNDAI MOTOR COMPANY AND SUBSIDIARIES CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2007, 2008 AND 2009 AND INDEPENDENT AUDITORS’ REPORT Independent Auditors’ Report English Translation of a Report Originally Issued in Korean To the Shareholders and Board of Directors of Hyundai Motor Company: We have audited the accompanying consolidated statements of financial position of Hyundai Motor Company (the “Company”) and its subsidiaries as of December 31, 2007, 2008 and 2009, and the related consolidated statements of income, changes in shareholders’ equity and cash flows for the years then ended, all expressed in Korean Won. These financial statements are the responsibility of the Company's management. Our responsibility is to express an opinion on these financial statements based on our audits. We did not audit the financial statements of certain subsidiaries including Kia Motors Corporation, which statements reflect total assets of ₩40,235,279 million (US$34,459,814 thousand), ₩51,272,235 million (US$43,912,500 thousand) and ₩48,617,024 million (US$41,638,424 thousand) as of December 31, 2007, 2008 and 2009, respectively, and total revenues of ₩39,742,303 million (US$34,037,601 thousand), ₩44,079,949 million (US$37,752,611 thousand) and ₩52,837,394 million (US$45,252,992 thousand) in 2007, 2008 and 2009, respectively. Those statements were audited by other auditors whose reports have been furnished to us, and our opinion, insofar as it relates to the amounts included for those entities, is based solely on the reports of other auditors. We conducted our audits in accordance with auditing standards generally accepted in the Republic of Korea.
    [Show full text]