Hyundai Automotive South Africa

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Hyundai Automotive South Africa

logo
legal form Propriety Limited
founding 1999/2000
Seat South AfricaSouth Africa South Africa : Bedfordview
Branch Commercial vehicle manufacturer
Website hyundai.co.za

The Hyundai Automotive South Africa (Pty.) Ltd. is a dealer network and commercial vehicle manufacturer headquartered in Bedfordview , South Africa .

history

The company was formed in 1999 (or 2000) as a collaboration between the Associated Motor Holdings holding company and Hyundai . It succeeded the dealer network Hyundai Motor Distributors (HMD).

The HMD network founded by Billy Rautenbach, with 52 branches, was able to offer vehicles that were inexpensively assembled by the Motor Company of Botswana and an extended warranty of three years. Using these and other aggressive methods, it had achieved a ten percent market share in South Africa.

Hyundai has been assembling trucks in Gauteng since July 2014. In March 2015 the assembly of the H100 was added.

Web links

Individual evidence

  1. ^ A b Company Overview of Hyundai Automotive South Africa (Pty) Ltd on bloomberg.com.
  2. ^ A b Hyundai South Africa: Building an automotive legacy , in the SA mag .
  3. ^ A b John Boley: The Rise And Fall Of Billy Rautenbach. How a South African entrepreneur challenged the establishment - and lost , in: Automotive News from March 1, 2000.
  4. ^ Hyundai opens first car assembly plant in South Africa , Reuters report from August 12, 2014.
  5. Natasha Odendaal: Hyundai starts local H100 assembly , in: Engineering News from March 20, 2015.