Wednesday, October 5, 2011

History carmaker Hyundai


Hyundai Motor Company - the Hyundai Kia Automotive Group - the largest car manufacturer and South Korea ranked fifth worldwide in sales.
Headquartered in Seoul, Hyundai executive car factory in Ulsan the world's largest with a capacity of up to 1.6 million / year. Lgo icon of Hyundai, "H" is written stylized, representing the company's image and customers are shaking hands. In Korean, Hyundai means "modern."
Our History

 
In 1947, Chung Ju-yung founded the company Hyundai construction and engineering. It was not until 1967, the new Hyundai Motor Company was founded. In 1968, Hyundai partnered with Ford Motor Company launched the company's first model is Cortina. Pony, the first Korean car factory in 1975, was designed by Giorgio Giugiaro Italian style, with technology driving provided by Mitsubishi Motors. The following year, Hyundai's products are exported to Ecuador and rapid market access Benelux countries (Belgium, Netherlands, and Luxembourg). In 1991, Hyundai has opened the way for its proprietary technology to develop successful gasoline engine, I4 Alpha and transmission.



1975 Hyundai Pony
In 1986, Hyundai vehicle sold in America began. Thanks to affordable, Excel model was the top "10 most popular car" by Fortune magazine poll. In 1988, the company began producing the model with its own technology, beginning with the midsize Sonata of which are still produced.


1986 Hyundai Excel
In 1996, Hyundai Motors India Limited was established, located at Irrungattukatoi factory near Chennai, India.
In 1998, Hyundai began efforts to build its image as a global brand. A year later, Chung Ju Yung decided to give leadership to his son, Hyundai Motor, Chung Mong Koo. Hyundai Motor Group, the parent company of Hyundai has invested heavily in the development of quality, design, production and enhance long-term studies for the automotive industry in particular. The Group has increased the warranty period of up to 10 years or 160,000 km for vehicles sold in the U.S., and launching large-scale marketing campaign.


2008 Hyundai Sonata
In the survey of quality of institutions car JD Power and Associates in 2004, Hyundai has to overcome many of the fame and the No. 2. Currently Hyundai in the top 100 largest automotive brand in the world. Since 2002, Hyundai is one of the official sponsors of FIFA World Cup.
In 2006, the Korean government has launched an investigation into the activities of the Chairman Chung Mong Koo and discovered he had embezzled behavior. The result, Mr. Chung on 04/28/2006 was arrested for embezzling 100 billion won (equivalent to 106 million) and Mr. Kim Dong-jin was appointed president and chief executive of the company.
The appearance of the model midsize SUV Santa Fe in 2007 have brought to Hyundai success and won the "2007 Top Safety Pick" by IIHS.


2007 Hyundai Santa Fe
 At the North American International Auto Show 2008, Hyundai unveiled Genesis Coupe Hyundai model rear wheel drive. This new version has been in the dealer in the country last summer 2008 and will be available in the U.S. market in spring 2009.
Hyundai said it would launch five-door hatchback version of the Elantra compact sedan model in 2009 with the name Elantra Touring.Business operations of HyundaiIn 1998, after the strong fluctuations of the Korean automotive industry is aggressively expanding the market as well as the impact of the Asian financial crisis, Hyundai acquired rival Kia Motors company. In 2000, Hyundai established a relationship with DaimlerChrysler strategic alliances. The result of this alliance is the introduction of the Daimler-Hyundai Truck Corporation in 2001. However, in 2004, DaimlerChrysler has withdrawn his income from the company by selling 10.5% of the shares for $ 900 million. Hyundai continues to invest in production facilities located in North America, China, Pakistan, India, Turkey, as well as the central research and development in Europe, North America, and Japan.


2009 Hyundai Genesis Coupe
In 2004, Hyundai sales in the domestic market reached 57.2 billion dollars and became the second largest automotive company in Korea. Sales of the company worldwide in 2005 was 2,533,695 vehicles, up 11% over the same period last year. Hyundai's goal in 2006 as global sales reached 2.7 million units.
The Hyundai-branded vehicles are sold in 193 countries through 5,000 dealers and showrooms. According to recent study by Automotive News on worldwide sales of Hyundai companies are ranked sixth, surpassing Nissan, Honda and many other famous brands with 3,715,096 vehicles in 2005.


2009 Hyundai Elantra Touring
The strength of the Hyundai brand becomes stronger as the No. 72 in the list of world's best brand in 2007 by Interbrand and BusinessWeek survey of the brand value is estimated at USD 4.5 billion. To be the preferred target, Hyundai had continuous efforts in research to improve product quality and the success achieved is the inevitable result of these efforts.

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