I was asking about the costs of a replacement key for a Hyundai and was given a very high price at a key cutting shop. They then told me that as Mercedes owns Hyundai, that would be why the cost was so high.
It sounded like a joke to me, but I am checking it out.
Some older news reports linking Hyundai and Mercedes:
May 2008
Hyundai, now a world-class engine manufacturer, may lend engine technology to Mercedes-Benz for a future four-cylinder powerplant. (Automobile Magazine)
February 2009 Automobile Magazine:
Hyundai: from borrowing engines from Mitsubishi to providing them for Mercedes-Benz
http://www.automobilemag.com/features/news/0805_hyundai_engines
Hyundai Worldwide Official Site:
This just mentions that Hyundai is the largest vehivle maker in South Korea and also owns Kia motors.
http://worldwide.hyundai.com/WW/Corporate/CorporateInformation/Affiliates/index.html
I did find some interesting information, and it seems I owned a Hyundai many years before I had even heard of them.
1967
Hyundai Motor Company was established in 1967, and its first model, the Cortina, was released in co-operation with Ford Motor Company in 1968.
1986
Launch of Grandeur, Hyundai’s large-sized luxury car, which according to many people, looked like a Mercedes (I had one and received those comments myself)
1998
In 1998 Hyundai acquired its main rival Kia Motors.
Full Hyundai history at:
http://worldwide.hyundai.com/WW/Corporate/CorporateInformation/History/index.html
Nothing on Mercedes owning Hyundai.
However, Mercedes-Benz is a division of the German car manufacturer Daimler AG, and between 2001 and 2004, Daimler, in its DaimlerChrysler name, owned 10.5% of Hyundai…
Maybe that is the link ?
I fancy this, as my next Hyundai: https://www.hyundaiusa.com/azera/
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