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43
2000 Annual Report •Hyundai-Motor Company
NOTES TO FINANCIAL STATEMENTS
December 31, 2000 and 1999
1.The Company
Hyundai Motor Company (the Company) was incorporated in December 1967, under the laws of the Republic of Korea, to
manufacture and distribute motor vehicles and parts. The shares of the Company have been listed on the Korea Stock
Exchange since 1974. As of December 31, 2000, 59.02 percent of the Company’s stock (excluding preferred stock) is owned
by Korean investors and the remaining 40.98 percent is owned by foreign investors, including DaimlerChrysler (9.00 percent)
and Mitsubishi of Japan (4.36 percent) under foreign investment agreements.
In connection with its foreign business, the Company operates ten major foreign subsidiaries: Hyundai Motor America (wholly-
owned exclusive importer and distributor of motor vehicles and parts in the United States), Hyundai Motor Finance Company
(wholly-owned subsidiary of Hyundai Motor America for lease, wholesale and retail financing), Hyundai America Technical
Center Inc. (wholly-owned conductor of research and development), Hyundai Precision America Inc. (wholly-owned distributor
of van trailers and equipment in the United States), Hyundai Motor India (wholly-owned production plant in India), Hyundai
Motor Europe Parts (wholly-owned distributor of motor parts in Belgium), Hyundai Motor Japan R&D Center Inc. (wholly-owned
conductor of research and development) in Japan, Hyundai Motor Europe GmbH (wholly-owned exclusive importer and
distributor of motor vehicles and parts in Germany), Hyundai Motor Japan Company (wholly-owned exclusive importer and
distributor of motor vehicles and parts in Japan), Hyundai Motor Poland Sp.zo.o. (wholly-owned exclusive importer and
distributor of motor vehicles and parts) and Hyundai Machine Tools America(Branch for the distribution of machine tools in the
United States). Production plants are as follows:
Location
Domestic:
Kyungnam Ulsan
Chunbuk Chunjoo
Chungnam Ahsan
Overseas:
Turkey (Hyundai Assan Otomotive
Sanayi Ve Ticaret A.S.)
India (HMI)
Passenger cars
Commercial vehicles
(Small trucks)
Commercial vehicles
(Bus, Trucks)
Passenger cars
Passenger cars
Passenger cars
December 1967
April 1995
November 1996
September 1997
October 1998
Types of vehiclesCommenced Production