Hyundai Motors Overtakes Toyota in TIME Magazine’s Rankings

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Ranked Asia’s No. 1 automaker
“Sales sustainability is excellent
and this future vehicle growth engine is robust.”

Hyundai Motors was ranked 33rd globally, getting ahead of Toyota (48th) and taking Asia’s No. 1 position in TIME magazine’s ‘World’s Best Companies 2025.”
TIME considers companies’ performance over the past three years as key evaluation criteria. Hyundai Motors’ sales grew by 23% from KRW 142 trillion in 2022 to KRW 175 trillion last year, demonstrating significant growth. Meanwhile, its operating profit increased by 45% from KRW 9.8 trillion to KRW 14.2 trillion over the same period.

Despite concerns about the impact of U.S. tariffs that began late last year, the electric vehicle (EV) chasm (temporary stagnation in demand), and the pursuit of Chinese competitors, Hyundai Motors’ steadily recovered performance strategy with increased sales of high-value-added products has worked. It read industry shifts in advance and has responded to the crisis by significantly increasing the proportion of hybrid cars, high-value-added sports utility vehicles (SUVs), and Genesis, its luxury brand.
Hyundai Motors is pursuing a 100% renewable energy transition (RE100) across all establishments, in line with its vision of achieving carbon neutrality by 2045, by signing large-scale renewable energy purchase contracts in Korea, the USA, and India.

Hyundai Motors has clearly shown improvement as it is consistently highly ranked, rising from 151st place in 2023, when TIME began evaluating the world’s 1,000 Best Companies, to 192nd in 2024, and to 33rd this year. This year, it has risen 159 places within just one year compared to last year. On the other hand, Toyota has shown significant fluctuations, from ranking 329th in 2023, to no ranking in 2024, and then ranking 48th this year.


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Volatile Corrosion Inhibitor Paper (VCI Paper)

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[INQ. NO. 2109M05] When rust inhibitor particles are being sublimed, every corner of the metal surface is ionized. Through the process, a monomolecular film against rust is formed. The film blocks oxygen in a chemical way, preventing the metal from being corroded or becoming ferric hydroxide.
By impregnating paper with such rust-preventing chemicals, it is able to play dual roles as a packing paper and as a rust inhibitor.
VCI paper is specially produced packing paper that fulfills both roles. The rust-preventing paper is basically a packing paper for anyone to use with ease and has an outstanding anti-rust effect as it absorbs moisture. In addition, Saeiltack Co., Ltd.’s anti-corrosion paper is made of very safe chemicals that are harmless to the human body.
As a company that obtained the first patent (No. 5732) on VCI paper in Korea, it has been supplying its products to Hyundai Motors, LG Electronics, Samsung Electronics, etc., since 1975. And the manufacturer is also supplying the Korean military and public procurement service.

Volatile Corrosion Inhibitor Paper (VCI Paper)


VCI paper produced by Saeiltack Co., Ltd. provides outstanding quality and safety as it has passed the Japanese Industrial Standard (JIS-Z-1535-1973), obtained the Korean Standard (KS) certification, passed the SGS ROHS test (EU’s Restriction of Hazardous Substances Directive) and acquired ISO certification (KS Q ISO 9001:2015).
Saeiltack Co., Ltd. provides customized VCI paper to meet the varied needs of its customers. Saeiltack Co., Ltd. is providing OPP, PE, PP, woven cloth coating paper products mainly used for iron and copper. Those products come in roll- and sheet-types.
Saeiltack Co., Ltd. is planning to provide customized products at optimal prices, based on the expertise it has developed while dealing with various companies.

Volatile Corrosion Inhibitor Paper (VCI Paper)


 
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