Hyundai Powertech Co., Ltd.

Company Profile

■URL

http://www.powertech.co.kr/en/main.do

■Address

958, Chungui-ro, Jigok-myeon, Seosan-si, Chungcheongnam-do, Korea

Business Overview

-A supplier of automatic transmission (ATs) and continuously variable transmissions (CVTs) in the Hyundai Kia Automotive Group. Its major product is 6-speed automatic transmissions for front-wheel-drive vehicles.

-The Company has plants in Korea, China, U.S.A. and Mexico.

Shareholders

-Unlisted company (As of Dec. 31, 2016)
Name or Company Name Investment Ratio (%)
Hyundai Motor Company 37.58
Kia Motors Corporation 37.58
Hyundai Mobis Ltd. 24.84
Total 100.00

Products

Product Major installed vehicle model
Hyundai Kia
Front-wheel drive Automatic Transmission (AT)
Ultra-compact 4-speed AT i10 Morning, Ray
Compact 4-speed AT - Forte, Pride, K2
Compact 5-speed AT YF Sonata Forte, K5
Mid-sized 5-speed AT Grandeur XG, NF Sonata Lotze, New carens, Opirus
Full-sized 5-speed AT Grandeur TG, NF Sonata, Santa Fe Carnival, Opirus
Compact 6-speed AT Avante, i30, ix20, ix25, ix35, Sonata, Mistra Forte, K2, K3, K4, K5, Venga, Pride, Soul, cee'd, Carens, KX3, Sportage
Mid-sized 6-speed AT Santa Fe, Tucson, Sonata, ix25, ix35 K3, K5, Sorento, Sportage
Mid-sized 6-speed HV sonata HV K5 HV
Full-sized 6-speed AT Sonata, Santa Fe Carnival, K5, K7, Sorento, Sportage
Rear-wheel drive Automatic Transmission (AT)
5-speed AT Porter2, Starex Bongo3, Mohave
8-speed AT EQ900, Genesis80, solati K9, Mohave, Stinger
CVT
Kappa-CVT Accent Morning, Ray
HEV-CVT Avante Hybrid LPi Forte Hybrid LPi

History

Mar. 2001 Incorporated.
Feb. 2002 Signed a technological collaboration contract with Jatco of Japan.
Dec. 2002 Obtained an ISO 14001 certificate.
Jan. 2003 Obtained an ISO/TS 16949 certificate.
Oct. 2003 Established the Driving Test Center.
Nov. 2003 Commenced producing the rear-wheel drive AT.
Mar. 2005 Completed building the R&D Center.
Jun. 2007 Established the Hwaseong R&D Center.
Jun. 2008 Established Powertech America, Inc. in Georgia, USA.
Oct. 2008

Commenced producing the front-wheel drive 6-speed AT.
Accumulative production of AT reached 5 million units.
Jan. 2009 Obtained an ISO 27001 certificate.
Jun. 2009 Commenced producing the HEV-CVT.
Dec. 2009 Established the US factory.
Sep. 2010 Obtained a Quality 5 Star Certificate from Hyunda-Kia Group.
Nov. 2010 Established Hyundai Powertech (Shandong) Co., Ltd. in Shandong, China.
Feb. 2011 Commenced producing the rear-wheel drive 8-speed AT.
Dec. 2011 Accumulative production of AT reached 10 million units.
Completed building the China factory.
Aug. 2012 Commenced producing the Kappa-CVT.
Sep. 2013 Completed building the second China factory.
Sep. 2014 Established Hyundai Powertech Mexico S DE RL DE CV in Mexico.
Apr. 2016 Completed production plant in Nuevo Leon, Mexico.

Supplemental Information 1

The Hyundai Motor Group's Ratio of Shareholding in Automotive Companies

(As of Dec. 31, 2016)

Name of group company

 

Company in which the company holds shares

Hyundai
Motor
Kia
Motors
Hyundai
Mobis
Hyundai
Dymos
Hyundai
WIA
Hyundai Motor - - 20.78% - -
Kia Motors 33.88% - - - -
Hyundai Mobis - 16.88% - - -
Hyundai WIA 25.35% 13.44% - - -
Hyundai Kefico 100.00% - - - -
Hyundai Dymos 47.27% 45.37% - - 5.12%
Hyundai Powertech 37.58% 37.58% 24.85% - -
Hyundai Steel 6.87% 17.27% - - -
Hyundai IHL - - 90.00% - -
Hyundai Mseat - - - 99.81% -
Hyundai Partecs 56.00% 31.00% 13.00% - -
WIA Magna Powertrain - - - - 50.00%
HL Green Power - - 51.00% - -
Hyundai Autron 60.00% 20.00% 20.00% - -

Note: A figure in brackets ( ) indicates a loss

>>>Business Report FY ended Dec. 2015