Honda and Hyundai

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Old 04-19-2007, 10:01 PM
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Honda and Hyundai

Hypothetically speaking, would it make sense for Honda to make a bid for Hyundai in the future?
Old 04-19-2007, 10:52 PM
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i don't think honda could afford to buy out hyundai.
Old 04-19-2007, 11:29 PM
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Old 04-20-2007, 12:53 AM
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Isn't Hyundai gov't backed or something? And they run Kia too, if I'm not mistaken ... and a ton of stuff, it's like a Japanese zaibatsu or something. They're effin' huge.

http://en.wikipedia.org/wiki/Hyundai
the Hyundai Group eventually became South Korea's biggest conglomerate company (chaebol).

The best known global Hyundai brand is the Hyundai Motor Company. Hyundai Heavy Industries is the world's largest shipbuilder, and Hynix is a top semiconductor producer.
Looks like they might be separate companies now though.
Old 04-20-2007, 02:20 AM
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wtf? do some research my friend.
Hyundai is the 5th largest automobile company. you mean hyundai buying out honda right?
Old 04-20-2007, 02:41 AM
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do u know how big hyundai is? hyundai doesn't just make cars! i believe hyundai is one of the leading ship builders as well
Old 04-20-2007, 06:50 AM
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Originally Posted by S14 n Tsx
wtf? do some research my friend.
Hyundai is the 5th largest automobile company. you mean hyundai buying out honda right?
with the direction that Hyundai is going vs. the direction that Honda is going, this is probably more likely.
Old 04-20-2007, 08:18 AM
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I believe Hyundai is also into constructions as well.
Old 04-20-2007, 08:19 AM
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Originally Posted by KCPreki11
Hypothetically speaking, would it make sense for Honda to make a bid for Hyundai in the future?
The correct question would be, would Honda ever be able to even remotely come close to being able to make a bid for the Hyundai empire?

As much as I like Honda/Acura, the obvious answer is no.

Hyundai is into heavy industries, ship building, construction, automotive, high-speed train, department stores, financial services, etc, etc.

Many of the state-of-the-art high rises you see popping up in the Middle East are built by Hyundai. Some of the fastest high-speed trains in the world are built by Hyundai. Hyundai claims the title to the largest ship in the world and is considered to be the best in the industry (the British may argue ).

Hyundai-Kia Motor Group is the 6th largest auto manufacturer in the world. This means it's bigger than Honda and Nissan. The 5 companies bigger than HKMG are General Motors, Toyota, FoMoCo, DCX, and VW/Audi Group.

Hyundai's operation in the U.S. has been pretty small. If I had to put a number on it, I would say you're maybe seeing 10% of its global automotive operation, and much less than that when you consider the entire Hyundai empire. But with the new plant in Alabama, and a new Kia plant being built in Georgia, HKMG means business in the U.S. market.
Old 04-20-2007, 08:20 AM
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Originally Posted by mrdeeno
with the direction that Hyundai is going vs. the direction that Honda is going, this is probably more likely.
Old 04-20-2007, 09:21 AM
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Too bad Hyundai didn't bid on Daewoo motors before GM bought them instead. Then, they could've controlled all 3 Korean car companies
Old 04-20-2007, 09:40 AM
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Originally Posted by 04EuroAccordTsx
Too bad Hyundai didn't bid on Daewoo motors before GM bought them instead. Then, they could've controlled all 3 Korean car companies
There's a fourth. Samsung. Well, Samsung-Renault now.

HKMG has a 70%+ market share in Korea already, though.
Old 04-20-2007, 10:12 AM
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Honda will never buy anyone.. They just too conservative. If it is good now, then no need any improvement - Honda philosophy.

Oh I bet Hyundai will beat or maybe even buy out Honda in the future. At least Hyundai (such young company here) knows that they need RWD platform for their luxury cars.
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