Does Toyota own Hyundai?
No — Toyota does not own Hyundai. Toyota Motor Corporation and Hyundai Motor Company are separate, publicly traded automakers based in Japan and South Korea, respectively.
To understand the relationship, it's helpful to review who owns each company, and whether there are any cross-ownership or formal partnerships between them.
How ownership is structured for Toyota and Hyundai
The following points summarize the basic ownership and corporate-structure facts for the two automakers. They are independent entities, and there is no ownership link between them.
- Ownership status: Toyota Motor Corporation (Japan) and Hyundai Motor Company (South Korea) are independent companies with no parent company owning the other.
- Corporate structure: Each operates within its own corporate group (Toyota Group and Hyundai Motor Group) and has a broad base of shareholders; neither is a subsidiary of the other.
- Cross-ownership: There is no publicly disclosed cross-ownership between Toyota and Hyundai as of 2024–2025.
Note: In the auto industry, cross-ownership between rival manufacturers is uncommon, and both companies have historically pursued independent development, though they may cooperate with other firms on specific technologies or suppliers with third parties.
Historical context and current status
Historically, Toyota and Hyundai have operated in parallel as global competitors. While both groups have pursued partnerships and joint ventures with various automakers and technology firms, there is no evidence of a direct corporate ownership link between Toyota and Hyundai.
- Past interactions: The two have occasionally discussed broader industry collaborations with other partners, but there is no record of Hyundai being acquired by Toyota or vice versa.
- Current status: As of 2024–2025, ownership remains separate and independent; they compete in similar market segments, including sedans, SUVs, hybrids, and electrified vehicles.
In short, the two giants remain independent players within the global automotive landscape, with no parent-subsidiary or ownership relationship between them.
Bottom line
The bottom line is straightforward: Toyota does not own Hyundai. Both are major, publicly traded automakers with their own corporate cultures and strategic priorities, and any cooperation between them would be limited to specific, mutually beneficial technology or procurement arrangements with third parties, not ownership.
Summary
Summary: Toyota and Hyundai are separate companies with no ownership ties. They operate independently as major players in the global automotive market, sometimes exploring collaborations with other partners but not forming a parent-subsidiary relationship with each other.
