Honda and Hyundai

Thread Tools
 
Search this Thread
 
Old Apr 19, 2007 | 10:01 PM
  #1  
KCPreki11's Avatar
Thread Starter
Suzuka Master
 
Joined: May 2001
Posts: 5,773
Likes: 0
From: PA
Honda and Hyundai

Hypothetically speaking, would it make sense for Honda to make a bid for Hyundai in the future?
Reply
Old Apr 19, 2007 | 10:52 PM
  #2  
o1s's Avatar
o1s
Drifting
 
Joined: Mar 2005
Posts: 3,186
Likes: 7
From: Tallahassee Fl.
i don't think honda could afford to buy out hyundai.
Reply
Old Apr 19, 2007 | 11:29 PM
  #3  
minkl81's Avatar
Safety Car
iTrader: (2)
 
Joined: Feb 2005
Posts: 3,584
Likes: 17
From: Beaverton, OR
Reply
Old Apr 20, 2007 | 12:53 AM
  #4  
shrykhar's Avatar
Pro
 
Joined: Jul 2005
Posts: 656
Likes: 21
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.
Reply
Old Apr 20, 2007 | 02:20 AM
  #5  
S14 n Tsx's Avatar
mmmmmm....
 
Joined: Sep 2005
Posts: 20,524
Likes: 95
From: Glendale, CA
wtf? do some research my friend.
Hyundai is the 5th largest automobile company. you mean hyundai buying out honda right?
Reply
Old Apr 20, 2007 | 02:41 AM
  #6  
nahooneyya's Avatar
A Commuter
 
Joined: Sep 2004
Posts: 671
Likes: 0
From: University Place/Seattle
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
Reply
Old Apr 20, 2007 | 06:50 AM
  #7  
mrdeeno's Avatar
Suzuka Master
20 Year Member
 
Joined: Jan 2001
Posts: 5,349
Likes: 3
From: Lower Nazzie, Pa
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.
Reply
Old Apr 20, 2007 | 08:18 AM
  #8  
gtg710w's Avatar
06 GBM AT TSX + 35% TINT
 
Joined: Aug 2006
Posts: 826
Likes: 0
From: ATL,GA
I believe Hyundai is also into constructions as well.
Reply
Old Apr 20, 2007 | 08:19 AM
  #9  
Pure Adrenaline's Avatar
Dragging knees in
iTrader: (2)
 
Joined: Dec 2002
Posts: 12,434
Likes: 33
From: Seattle Area
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.
Reply
Old Apr 20, 2007 | 08:20 AM
  #10  
F23A4's Avatar
Senior Moderator
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Sep 2002
Posts: 18,017
Likes: 1,737
Originally Posted by mrdeeno
with the direction that Hyundai is going vs. the direction that Honda is going, this is probably more likely.
Reply
Old Apr 20, 2007 | 09:21 AM
  #11  
Mokos23's Avatar
Race Director
 
Joined: Dec 2003
Posts: 10,741
Likes: 0
From: Illinois
Too bad Hyundai didn't bid on Daewoo motors before GM bought them instead. Then, they could've controlled all 3 Korean car companies
Reply
Old Apr 20, 2007 | 09:40 AM
  #12  
Pure Adrenaline's Avatar
Dragging knees in
iTrader: (2)
 
Joined: Dec 2002
Posts: 12,434
Likes: 33
From: Seattle Area
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.
Reply
Old Apr 20, 2007 | 10:12 AM
  #13  
runnerX's Avatar
Burning Brakes
 
Joined: Jan 2003
Posts: 1,140
Likes: 0
From: Fremont, CA
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.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
navtool.com
Sponsored Sales & Group Buys
87
Jan 23, 2016 01:25 PM
mvidal6
ILX
12
Nov 14, 2015 07:43 AM
95oRANGEcRUSH
Car Talk
35
Sep 25, 2015 12:50 PM
Dman00tl
2G TL Photograph Gallery
4
Sep 25, 2015 10:34 AM




All times are GMT -5. The time now is 06:35 AM.