Hyundai rises in forbes list of the world’s Leading companies
FOUNTAIN VALLEY, Calif., April 26, 2010– Hyundai Motor Company climbed eight spots to become the 188th leading company in the world, and third among automakers, according to an annual list of the top 2000 leading global companies published by Forbes magazine. Hyundai has gained ground in the past two rankings, rising from 245 in 2008 and 196 in 2009. Ford Motor Company (58) and Honda Motor (86) are the only automakers ahead of Hyundai in the 2010 rankings.
According to the magazine, the Forbes Global 2000 are “the biggest, most powerful listed companies in the world.” The rankings are based on an equal weighting of sales, profits, assets and market value. In total, the Global 2000 companies account for $30 trillion in revenues, $1.4 trillion in profits, $124 trillion in assets and $31 trillion in market value.
Of the 51 South Korean-based companies on the list, Hyundai ranks fourth behind Samsung Electronics (55), Posco (137) and Shinhan Financial (187). Hyundai Heavy Industries (278) rounds out the top five companies in South Korea.
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through almost 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program which now includes the 5-year/60,000-mile fully transferable bumper-to-bumper warranty, Hyundai’s 10-year/100,000-mile powertrain warranty and 5-year complimentary Roadside Assistance in addition to the highly acclaimed vehicle return policy introduced in early 2009. For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com.