Hyundai Motor Company is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, and was founded in 1967. It operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea, with an annual production capacity of 1.6 million units. Hyundai vehicles are sold in 193 countries through 5,000 dealerships and showrooms. As of 2022, Hyundai is the world's third-largest carmaker in terms of production, behind Toyota and Volkswagen
. The name "Hyundai" translates to "modernity" in English and has been the name of the company since it was originally founded as the Hyundai construction company in 1947
