EMCC European Monitoring Centre on Change

Hyundai Motor Group

Hyundai Motor Group

Geographic Location

Country: World


Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Number Employed: 75000

Employment Effects

Announcement Date: 15-01-2010
Type of Restructuring: Business expansion
Foreseen End Date: 31-12-2010
Planned Job Creation: 6000

Additional Information

Hyundai Motor Group, a South Korean car manufacturer, plans to hire 6,000 employees in 2010. The company that currently employs over 75,000 people worldwide said it planned to raise investment by 12 percent (a total of over US$9 billion) and to boost global sales volume by 17 percent. There is no official information on where these jobs will be created.