Register {{ baseUserInfo.curr_enterprise_name }}
Quick publish
{{ notificationData.all_count > 99 ? 99 : notificationData.all_count }}
{{ website.name }}
{{ language.label }}
Congratulations

View Now
Congratulations

Go publish
Hyundai Motor's Brand Value Rises 18 Percent, Driven by Accelerated Electrification and Future Mobility Vision
5 Months ago
5,08
351
0
Comment area
  • Hyundai Motor's brand value reaches $20.4 billion in Interbrand's 'Best Global Brands 2023,' ascending in valuation for 13 consecutive years
  • This represents the third highest year-over-year valuation increase out of 100 brands
  • Brand rank rose from 35th to 32nd — the first increase in rank since 2016, underlining Hyundai Motor's leading role in the automotive industry's paradigm shift
  • Interbrand's positive appraisal is attributed to the brand's activities regarding equality and sustainability as well as agility in responding to changing consumer needs
  • The company's future-oriented mobility vision, supported by its award-winning EV lineup and hydrogen vision, shows further potential for success

SEOUL, South KoreaNov. 21, 2023 /PRNewswire/ -- Hyundai Motor Company today announced that its brand value reached $20.4 billion in Interbrand's 'Best Global Brands 2023', ascending in valuation for 13 straight years. This represents the third highest year-over-year valuation increase out of 100 brands. The company's brand rank rose from 35th to 32nd — the first increase in rank since 2016, based in part on Hyundai Motor's accelerated electrification and future mobility vision.

Hyundai records an unprecedented increase in brand value
Hyundai records an unprecedented increase in brand value

In 2014, Hyundai Motor's brand value reached $10 billion, and for the first six years, its valuation rose $4 billion. However, following Euisun Chung's appointment as Hyundai Motor Group's Executive Chair, its valuation has increased $6 billion in merely three years. Ever since it's entry in Interbrand's 'Best Global Brands' in 2005 with a valuation of $3.5 billion, the numbers have multiplied nearly six times.

Hyundai Motor's accelerated success of late can be attributed, in part, to the leadership of the top management team led by Executive Chair Chung. They have played a pivotal role in guiding the company's strategic direction as a Smart Mobility Solutions Provider in alignment with its vision of 'Progress for Humanity.'

"As the automotive industry undergoes a transformation, Hyundai Motor is exploring future mobility solutions to respond to fast-changing consumer needs," said Sungwon Jee, Senior Vice President and Global Chief Marketing Officer at Hyundai Motor Company. "We are committed to a better future for all of humanity."

"Hyundai Motor Company is making big strides in forwarding its vision of 'Progress for Humanity' through the IONIQ brand," said an Interbrand representative. "Hyundai continues to impress with its authentic communication regarding core human values such as sustainability. We look forward to the company's growth in the evolving automotive industry."

More information about Hyundai Motor can be found at: https://www.hyundai.com/worldwide/en/

Source: Hyundai Motor Company
Share
Collection
Collected
Give the thumbs-up
Liked
The content is the author's independent opinion, does not represent the position of Matchexpo, and cannot be reproduced without permission
0
Enterprise certification
Cancel attention
Follow
0
People who may be interested
Change it
L*e
+ Friends
O*n
厦门聚页创意有限公司 - 网站运营
+ Friends
孤*夜
xmkeji - 销售助理
+ Friends
冷*饼
+ Friends
用*A
单证员
+ Friends
Exhibitions you may be interested in
0
Matchexpo is an exhibition community platform for event & fair community in China, serving the essential functions of exhibitions, events, fairs, assisting ticket sales, visitor registration and booth reservation, allowing organizers to create, share, find and participate in activities, creating community space for organizers and exhibitors, finding their partners and helping them expand
Follow official account
Online support
Member Publishing Platform: International - Zhongfan - Chinese Jane
| Gather pages to build a station | Xingguang Foreign Trade Marketing System
Modify certification Certification fee Certification method Certification conditions Certification naming Certification introduction