By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
The Auto Magazine
  • Home
  • Auto Shows
    Auto ShowsShow More
    Maserati enthrals at FuoriConcorso with GT2 Stradale and MCXtrema
    May 14, 2025
    Leapmotor presents its range at Automobile Barcelona, Spain
    May 14, 2025
    Alfa Romeo sporting glory dominates “Fuori Concorso”
    May 13, 2025
    Market Art Fair Stockholm and BMW Sweden present Gregor Hildebrandt as artist for BMW Art Commission 2025
    May 13, 2025
    Driving Trade Forward: AfCFTA, AGOA,BRICS and the Tariffs – All On The Menu At Automechanika CEO Breakfast
    May 9, 2025
  • Bikes
    BikesShow More
    Desmo450 MX: Production of the first Ducati Motocross bike begins
    May 28, 2025
    25YM Honda NC750X
    May 13, 2025
    BMW Motorrad presents the new BMW R 1300 RS
    May 2, 2025
    BMW Motorrad presents the new BMW R 1300 RT
    April 30, 2025
    Honda NC750X Named Winner in 2025 Red Dot Design Award
    April 10, 2025
  • News
    NewsShow More
    Toyota Mobility Foundation announces five finalists for $3 million Venice Sustainable Cities Challenge
    May 29, 2025
    Mazda Production and Sales Results for April 2025
    May 29, 2025
    Nissan production, sales, and exports for April 2025
    May 29, 2025
    Honda Production, Sales and Export Results for April, 2025
    May 29, 2025
    Škoda Auto marks 55 years since production of the Skopak began in Pakistan
    May 29, 2025
  • Concepts
    ConceptsShow More
    FIAT unveils the manifesto Grande Panda 4×4
    May 20, 2025
    Renault 4 Savane 4×4 Concept makes its global debut at Roland-Garros 2025
    May 16, 2025
    Hyundai Motor and Plus Unveil Concept for Autonomous Hydrogen Freight Ecosystem at ACT Expo 202
    May 2, 2025
    Hyundai Motor Unveils the new IONIQ 6 and IONIQ 6 N Line
    April 5, 2025
    Kia and LG Electronics Partner to Showcase New PBV Concepts for Work and Play
    April 4, 2025
  • Interviews
    InterviewsShow More
    Kosmas “Dudie” Mamaloukos – The Formidable Racing Talent
    May 15, 2025
    Hi-Range Safari City
    Hi-Range Safari City – The Premier outfitter for 4×4 customization
    May 15, 2025
    BEHIND THE SCENES: ARCHIE RUTHERFORD ON WHAT IT TAKES TO BRING THE W2RC TO SOUTH AFRICA
    May 9, 2025
    Europe and China’s automotive future in a shifting global order
    May 5, 2025
    Sourcing Guide Right-Hand Drive American SUVs and Pickup Trucks in Africa
    April 29, 2025
  • EVs
    EVsShow More
    SEAT S.A. moves towards electric car production in Martorell
    May 29, 2025
    Polestar 3 wins Best EV SUV and Luxury Car of the Year awards
    May 29, 2025
    All-New Nissan MICRA EV debuts ahead of European launch
    May 28, 2025
    BMW Group and Solid Power are testing all-solid-state battery cells in a BMW i7
    May 20, 2025
    Toyota Debuts Stylish, Powerful 2026 C-HR Battery Electric Vehicle
    May 18, 2025
  • Motosport
    MotosportShow More
    43rd Rally Due Valli: Lancia Ignites Verona with a High-Tension Challenge
    May 29, 2025
    Lærke Rønn, Alexia Danielsson, Rasmus Vendelbo, Porsche Sprint Challenge Scandinavia, 2025, Porsche AG
    The schoolgirl who’s just won her debut GT race
    May 28, 2025
    Porsche with new qualifying record and ongoing points streak ahead of China
    May 28, 2025
    Nissan Formula E Team looking to reinforce championship lead in Shanghai
    May 28, 2025
    Opel Mokka GSE Rally: A New Star in Electric Rallying
    May 28, 2025
  • Trucks & Buses
    Trucks & BusesShow More
    MAN development team for autonomous driving is ‘Engineering Team of the Year’
    May 29, 2025
    Scania to start deliveries of new electric buses to northern Sweden
    May 29, 2025
    From left to right: Jens Böther, Regional Council; Nikolas Wenzel, Managing Director of MOIN; Claudia Kalisch, Mayor of Lüneburg; Alex Meier, Depot Manager; Nils Richert, Daimler Buses
    Daimler Buses builds a completely new electric bus depot for a customer for the first time
    May 28, 2025
    600 km range and superfast charging – meet Volvo’s new electric truck
    May 20, 2025
    Vandijck Transport tests the eActros 600 on a long-haul route of over 1,500 kilometers
    Vandijck Transport tests the eActros 600 
    May 18, 2025
  • Reviews
    ReviewsShow More
    GR Supra pushes performance limits with A90 Final Edition and Lightweight EVO
    May 28, 2025
    The new BMW M2 CS
    May 28, 2025
    Defender upgraded: The unstoppable 4×4 is now even more distinctive 
    May 28, 2025
    From vision to Veyron: the evolution of a Bugatti icon
    May 17, 2025
    The new Mercedes-Maybach SL Monogram Series
    May 13, 2025
  • Tech
    TechShow More
    VNC Automotive Partners with P3 to Enhance the SPARQ OS Platform
    May 29, 2025
    Artificial intelligence: Audi boosts production efficiency
    May 28, 2025
    Greater efficiency and productivity with artificial intelligence – generative AI in BMW Group Purchasing
    May 19, 2025
    Aston Martin debuts Apple CarPlay Ultra for iPhone users
    May 16, 2025
    Mercedes-Benz customers in Germany can now purchase and pay for e-Vignettes directly from their vehicle
    May 15, 2025
Hot News
SEAT S.A. moves towards electric car production in Martorell
Toyota Mobility Foundation announces five finalists for $3 million Venice Sustainable Cities Challenge
43rd Rally Due Valli: Lancia Ignites Verona with a High-Tension Challenge
Polestar 3 wins Best EV SUV and Luxury Car of the Year awards
Mazda Production and Sales Results for April 2025
Latest News

The BMW Group at Auto Shanghai 2023

Porsche Penske Motorsport (#6), Andre Lotterer (D), Kevin Estre (F), Laurens Vanthoor (B), Francis Schammo (Team Manager) (l-r)
Motosport

Porsche Penske Motorsport works team wins the WEC race in Fuji

Latest News

New Defender 130 Outbound is introduced alongside the Defender 130 V8

Motosport

Rally de Portugal: Ott Tänak and Martin Järveoja secured a redemptive second place after a brilliant weekend drive

Font ResizerAa
The Auto MagazineThe Auto Magazine
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • Interviews
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Search
  • Home
  • Auto Shows
  • Bikes
  • News
  • Concepts
  • Interviews
  • EVs
  • Motosport
  • Trucks & Buses
  • Reviews
  • Tech
Follow US
Crafted by Intellegere Media. © 2024 The Auto Magazine. All rights reserved.
Latest News

Hyundai Motor Ascends to Global Top 30 Spot with $23 Billion Brand Valuation in 2024 Interbrand Rankings

Itumeleng Garebatshabe
Last updated: October 15, 2024 12:42
By Itumeleng Garebatshabe
421 Views
4 Min Read
Share
4 Min Read
SHARE
  • Hyundai Motor Company’s brand value increased by 63 percent in five years, marking the 14th consecutive year of increasing brand valuation
  • Key growth factors include global initiatives embodying Hyundai Motor’s vision of ‘Progress for Humanity’, increased competitiveness as a global top automaker, and expanding global brand influence
  • Hyundai Motor recently unveiled ‘Hyundai Way’, a mid- to long-term future strategy for market leadership focused on innovation in mobility and energy

Hyundai Motor Company has announced that its brand valuation has reached $23 billion, ranking 30th globally among Interbrand’s Best Global Brands in 2024. This marks a significant 63 percent increase in brand value over five years, and a rise in rankings for the second consecutive year. During this time, the brand moved up six spots from 36th to 30th and marked 14th consecutive year of increasing brand valuation.

Key factors that contributed to Hyundai Motor’s growth in brand value include various global initiatives that embody the company’s brand vision ‘Progress for Humanity’. Notably, IONIQ 5 N won the World Performance Car at the 2024 World Car Awards, and received accolades at the J.D. Power U.S. APEAL Study, reinforcing Hyundai Motor’s competitiveness as a global top automaker.

- Advertisement -
Ad image

Hyundai Motor has also expanded its global brand influence through strategic initiatives. Following the completion of the Hyundai Motor Group Innovation Center Singapore (HMGICS), the company continues to secure global influence in future mobility with plans for new facilities like the Hyundai Motor Group Metaplant America (HMGMA), a new electric vehicle (EV) plant in Ulsan, and a complete knock down (CKD) factory in Saudi Arabia.

Customer engagement has been strengthened through creative initiatives such as sports sponsorships including Archery and FIFA, sponsorship of the Whitney Museum of Art, and the premiere of its first short film ‘Night Fishing’. Hyundai Motor also opened its first restaurant ‘Na Oh’ in Singapore in collaboration with a Michelin-starred chef. It won numerous accolades in the Red Dot Award: Brand & Communications Design 2024 Awards.

Looking ahead, Hyundai Motor recently unveiled ‘Hyundai Way’, a mid- to long-term strategy for market leadership. The company will continue to innovate to create a future centered on mobility and energy, while flexibly responding to the market. By continuously enhancing its products and services based on software and AI, Hyundai Motor is poised to lead the transformation in the mobility ecosystem, strengthening its position as a mobility game changer.

“Hyundai Motor will strengthen its position as a game changer by expanding beyond vehicle manufacturing to AAM and other forms of future mobility,” said Jaehoon Chang, President and CEO of Hyundai Motor Company. “Our technological advances will bring a richer and more sustainable future for humanity.”

Interbrand, a global brand consulting firm, annually evaluates major multinational companies. The rankings are based on three factors: an analysis of financial performance, the role of the brand, and the competitive strength of the brand. Hyundai Motor’s rise in this prestigious list is a testament to the company’s consistent growth and robust performance.

“Hyundai Motor’s two-rank increase in this year’s BGB is a testament to the company’s achievements across both the business and branding fronts,” said Jihun Moon, CEO of Interbrand Seoul. New global sales records, in tandem with continuous efforts to fortify the IONIQ and N, propel Hyundai Motors forward in the direction of genuine fandom creation.”

TAGGED:Best Global Brandsbrand valuationHyundai Motor CompanyInterbrand

Sign Up For Daily Newsletter

Stay Updated! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Whatsapp Whatsapp LinkedIn VKontakte Telegram Email Copy Link Print
Share
ByItumeleng Garebatshabe
Editor
Follow:
Itumeleng is the Managing Editor of The Auto Magazine. He is a tech and car enthusiast

Follow US

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
TiktokFollow
TelegramFollow
Google NewsFollow
LinkedInFollow
- Advertisement -
Ad imageAd image

You Might Also Like

Latest News

Hyundai Motor 2024 Q3 Business Results

By Itumeleng Garebatshabe
November 1, 2024
Latest News

Hyundai Motor Reports June 2023 Global Sales

By Itumeleng Garebatshabe
July 18, 2023
Electric Vehicles

Hyundai Motor and Kia Unveil ‘Active Air Skirt’ Technology to Help Electric Vehicles Go Faster and Farther

By Itumeleng Garebatshabe
January 23, 2024
Latest News

Hyundai Motor Group Opens ZER01NE Fund III

By Itumeleng Garebatshabe
May 28, 2025
Latest News

Hyundai Motor Reports March 2024 Global Sales

By Itumeleng Garebatshabe
April 3, 2024
Latest News

Hyundai Pony Coupe Concept Restored After 50 Years

By Itumeleng Garebatshabe
May 25, 2023

The Auto Magazine

  • Advertise
  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
  • Bikes
  • Electric Vehicles
  • Trucks & Buses
  • Auto Shows
  • Latest News
  • Motosport

Made by Intellegere Media. All rights reserved. 2023

Don't not sell my personal information
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc.

Zero spam, Unsubscribe at any time.
adbanner