What does Hyundai Motor Group and Hyundai Motor Company have in common?
Hyundai Motor Group The Hyundai Motor Group (] ; Hangul: 현대자동차그룹 "Hyeondae Jadongcha Geurup" ; Hanja: 現代自動車그룹 "Hyeondae Jadong-cha Geurup" ) (stylized as HYUNDAI) is a South Korean multinational conglomerate headquartered in Seoul, South Korea. It is the largest vehicle manufacturer in South Korea and as of 2015 the world's fourth largest vehicle manufacturer behind Japanese Toyota, German Volkswagen Group and American General Motors. The group was formed through the purchase of 51% of South Korea's second-largest car company, Kia Motors, by Hyundai Motor Company in 1998. As of December 31, 2013, Hyundai owns 33.88% of Kia Motors.
Kumho Asiana Group Kumho Asiana Group is a large South Korean "Chaebol" (conglomerate), with subsidiaries in the automotive, industry, leisure, logistic, chemical and airline fields. The group is headquartered at the Kumho Asiana Main Tower in Sinmunno 1-ga, Jongno-gu, Seoul, South Korea. As of 2014 the largest shareholder is Park Sam Koo, the third son of the company's founder, who stepped down as CEO in 2010.