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Hyundai Motor Group named among Time's 100 most influential companies of 2025
The
Korea Herald - South Korea's Hyundai Motor Group has been named one of Time
magazine's 100 most influential companies of 2025.
It
was listed in the Leaders category for the Time 100 Companies list released
Thursday, which also included Duolingo, LinkedIn, Penguins Random House, Prada
Group and Anthropic.
Hyundai
is the only South Korean company included in this year's list, and it marks the
group's first appearance on the ranking since its affiliate Kia Corp. made the
list in 2023.
To
select 100 companies with the criteria of impact, innovation, ambition and
success, editors of the US magazine request suggestions and applications from
across sectors, survey its contributors and correspondents around the world and
seek advice from outside experts.
Calling
the company an "automotive dark horse," Time highlighted Hyundai's
rapid growth fueled by aggressive investment in eco-friendly vehicles and
timely response to consumer preferences.
"Hyundai
continues to prove that its rise to the top ranks of global automakers -- it
was the third-largest automaker in 2024 -- was no fluke," the magazine
wrote. "Once saddled with a subpar reputation in the US, sales are surging
upward as the South Korea-based giant's Kia and Hyundai brands rack up awards
for new EV and hybrid vehicles."
The
magazine also pointed to Hyundai's efforts to navigate US tariffs, including
its recent $21 billion investment in the United States by 2028, saying,
"Hyundai's American roots continue to deepen." (Yonhap).
