The Hyundai Motor Company, commonly known as Hyundai Motors (Hangul: 현대자동차; Hanja: 現代自動車; RR: Hyeondae Jadongcha listen; Hangul: 현대; Hanja: 現代; MR: Hyŏndae, IPA: [hjə́ːndɛ], modernity; KRX: 005380), is a South Korean multinational automotive manufacturer headquartered in Seoul. The company was founded in 1967 and, along with its 32.8% owned subsidiary, Kia Motors, and its 100% owned luxury subsidiary Genesis Motor, altogether comprise the Hyundai Motor Group. It is the third largest vehicle manufacturer in the world.Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea which has an annual production capacity of 1.6 million units. The company employs about 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through some 5,000 dealerships and showrooms.