The Hyundai Motor Company, a division of the Hyundai Kia Automotive Group, is South Korea's largest carmaker. It is also the world's seventh-largest carmaker and operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea. The company was founded in 1967 and, along with its 32.8% owned subsidiary, Kia Motors, and its 100% owned luxury subsidiary Genesis Motors which together comprise the Hyundai Motor Group. The logo was basically a tilted H letter, embedded into an oval shape. Hyundai officials said it was also representing two human figures, one of the customers and the other one of the company, united in a handshake. That was meant to symbolize mutual trust and respect. Overall, Hyundai fluid logo creates a friendly image, which has already become well recognizable all over the world.