PostHeaderIcon Hyundai — All Car History Volume 14

Luke Scott asked:


 

Hyundai is the world’s sixth largest car manufacturer. In Ulsan, South Korea, Hyundai operates the world’s largest car manufacturing facility, which is capable of producing 1.6 million vehicles each year. The Hyundai slanted H logo is said to be symbolic of two people (the company and customer) shaking hands – and this philosophy has seen the company come a long way in a very short space of time.

 

Today, Hyundai produces the most segment leaders of any car manufacturer. The current line-up includes the Amica, Getz, Accent, Sonata, Grandeur, Coupé SIII, Matrix, Tucson & Santa.

 

HYUNDAI HISTORY

In 1947, when aged just 32, Chung Ju-Yung bought a piece of confiscated land in the middle of Seoul with some friends, put up a sign saying “Hyundai Motors Co.” and the company was born. After the Korean war, the Hyundai Motor Company was formally established in Seoul.

 

In 1968, Hyundai signed an agreement with Ford to build Cortinas under licence for the South Korean market, then in 1975 Hyundai’s first car (the Pony) debuted at the Turin Motor Show. In 1986, Hyundai entered the US market, launching the Excel, and in 1998 Hyundai bought its Korean rival, Kia.

 

HYUNDAI FACTS



 

Type:  Public

Founded:  1967

Parent:  Hyundai Kia Automotive Group

Location:  Seoul, South Korea

Key People:  Luca Chung Mong-Koo, Chairman and CEO

Industry:  Automotive

Products:  Cars

 



FEATURED MODELS



HYUNDAI COUPÉ – or “Tiburon” – is a compact two door coupé produced by Hyundai since 1996. The model has been released in two generations, the RD and GK.

 

DID YOU KNOW?

 Hyundai means “modern” in Korean.

 Hyundai plans to become the world’s fifth-biggest carmaker by 2010 and is investing €1bn in a new plant in the Czech Republic.

Hyundai is building its own Formula One standard race track in Korea.

 The Hyundai oval logo signifies two people linking their arms together

 


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