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History of Hyundai

It is a conglomerate founded by Chung Ju-Yung in Korea in 1947. The translation into Spanish of this word is "modernity". Among the companies that make Hyundai are Hyundai Motor Company, which is the fourth largest manufacturer of cars in the world. It is also the Hyundai Heavy Industries, which is the largest in the world in manufacture of heavy machinery and ships.

Beginning of Hyundai Motor Company

The history of Hyundai is marked by ups and downs, crisis, restructuring and great recoveries. It all began in 1947 when Ju-Yung founded a repair of automobiles and machinery company, business which was successful by the situation of post-war living the Korean nation then. As the Government was interested in reviving the industry, called Hyundai as a collaborator in this work of reconstruction.

The conglomerate added new production sectors and with the support of the Government Hyundai could expand their reach by opening factories and making concessions out of the country. One of these sectors was the manufacture of cars, with the creation in 1967 by Hyundai Motor Company. His first own creation (formerly was in charge of distributing Ford cars) was the Hyundai Cortina and later the Hyundai Pony, vehicle that opened their doors to the Korean and foreign market.

Crisis of Hyundai Motor Company

The 70?s were golden years for the group, leader in the industry and construction in the country. Came the 80?s and political instability deprived engagements by what were forced to cut jobs and remove investment. Even though the Hyundai Excel was elected "Best product 10" by the magazine Fortune in United States, in 1988 Hyundai recorded losses for the first time in its history.

When Chung Ju-Yung made the leap to politics in 1992 the Government took greater control over the group. Then mismanagement in some companies associated with Hyundai, were discovered in 1993 Ju-Yung regained control of the entire group again and restructured it into independent companies.

The brutal financial crisis that experienced Korea in 1997 put in check for several companies. Hyundai was also one of them, representing a high risk since she concentrated 20% of gross domestic product. Their bankruptcy would have been fatal to Korea. In 2000, Hyundai had a gigantic debt that forced to dispose of some of their signatures. A year later, its founder died.

To save the company, they decided to give everything to a vehicle. The reputation of Hyundai had dwindled and it was thought that the cars were of poor quality. So they commissioned the design of a new vehicle to Pininfarina, that of the motor to Mitsubishi and Porsche suspension and brakes. The product was the Hyundai Coupe, the first sports low-priced that became coach of the year and the most sold in the majority of countries.

Present of Hyundai Motor Company

It is currently the largest South Korean car and fifth manufacturer in the world. It is headquartered in Yangjae-Dong Prefecture in the town of Seocho-Gu in Seoul. Since a few years the situation has gone up the Hill and while it no longer has the weight of before as a group, remains stable and very respected standards of production. It was located in 2007 while Porsche and Lexus in the survey from J.D. Power quality measuring the satisfaction of customers during the first three months of use. Since the 2009 numbers are blue thanks to the good positioning of its vehicles around the world.

Today you have under its control of Hyundai Group, Hyundai Kia Automotive Group and the manufacturer of ships, Hyundai Heavy Industries and other companies.

Photo Gallery of Hyundai

Hyundai Cars Reviews

Hyundai Elantra

Hyundai Elantra

Hyundai Elantra also known as Hyundai Avante produced in South Korea and manufactured by Hyundai since 1990, Elantra is designed as compact car is presently as compact car is presently in the fifth generation.

Hyundai Veloster

Hyundai Veloster

A three door compact sports hatchback, the vehicle Hyundai Veloster was produced by Hyundai in the year 2011 March 10 and was released in late 2011 in America. It is Hyundai’s first car which has been especially designed to cater to the needs of young drivers and thus also known as Youth Lab Sub-Brand.

Hyundai i10

Hyundai i10

The South Korean car makers known as Hyundai have developed the popular pretty car called the Hyundai i10. This car is available in hatchback designs and sports five doors. It is a successor to the Hyundai car model called the Hyundai Atos.

Technical characteristics of Hyundai Models

Name Year Power Fuel
1 Hyundai Sonata V6 2005 238HP (175 kW) @ 6000 rpm 8.5 l/100km
2 Hyundai Genesis V8 2011 383HP (282 kW) @ 6500 rpm n/a
3 Hyundai Getz 1.6 Sport 2002 105HP (77 kW) @ 5800 rpm 6.5 l/100km
4 Hyundai Santa Fe 4WD 2011 177HP (131 kW) @ 6000 rpm 10.23 l/100km
5 Hyundai ix20 1.4 CRDi 2010 90HP (66 kW) @ 4000 rpm 4.5 l/100km
6 Hyundai Elantra GLS 1996 131HP (96 kW) @ 6000 rpm 9.8 l/100km
7 Hyundai Pony Coup? 1974 83HP (61 kW) @ 6000 rpm 9.8 l/100km
8 Hyundai i20 1.2i 2009 78HP (57 kW) @ 6000 rpm 5.2 l/100km
9 Hyundai ix20 1.4i 2010 90HP (66 kW) @ 6000 rpm 6 l/100km
10 Hyundai Accent 1.3 LSi 1994 141HP (104 kW) @ 6000 rpm 9.8 l/100km
11 Hyundai Atoz 1998 54HP (40 kW) @ 5500 rpm 9.8 l/100km
12 Hyundai Equus VS380 2009 290HP (213 kW) @ 6200 rpm n/a
13 Hyundai Genesis V8 (US) 2008 380HP (279 kW) @ 6500 rpm 5.3 l/100km
14 Hyundai Euro-1 1999 385HP (283 kW) @ 6500 rpm 9.8 l/100km
15 Hyundai Veloster 2011 140HP (103 kW) @ 6300 rpm 6.5 l/100km

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