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Coexistence

We promote mutual growth with suppliers and are
committed to connecting our competitiveness as a corporation
with the competitiveness of the industry and the nation

Reinforcing Global Competitiveness
Hyundai Motor Group builds a brighter future with its technological power,
and supports the growth of its suppliers.
Partners for Life, Suppliers
Hyundai Motor Group is carrying out
a wide variety of measures to prosper together with its suppliers under the
belief that improved competitiveness
of its suppliers improves
the competitiveness of the Hyundai
Motor Group, ultimately contributing
to the nation’s competitiveness.
Realizing that genuine jointprosperity
can only be achieved by reaching out to
not only its first-tier suppliers but its second- and third-tier suppliers,
the Group announced five strategies
in 2017, or the ‘Virtuous Cycle to
Prosper Together,’ to help improve
the management of its suppliers,
improve their competitiveness, support their entry into overseas markets,
and give support in the hiring process.

Mutual Growth with
Co-existence
The Hyundai Motor Group is
undertaking several programs to foster.
technical competitiveness at its
suppliers. The ‘Resident Engineer’
program supports quality control and technical cooperation for new parts developed by its suppliers, while the
‘R&D Suppliers’ Tech Festival’ consists
of exhibitions and seminars jointly held
by Hyundai Motor Group and its
suppliers to showcase and discuss new technologies. Hyundai Motor Group
also operates a program where the
Group’s engineers are sent to suppliers
for certain periods of time to ‘donate’
their technical expertise.

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