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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 Verna

Hyundai Verna

Hyundai Verna is also known as the Hyundai Accent in South Korea. It is one of the subcompact cars produced by the company. The first generation models were manufactured between 1994 and 2000.

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 Accent

Hyundai Accent

Hyundai Accent is a medium sized car fashioned by Hyundai. In Korea, Hyundai Accent is called ?????. The Hyundai Verna is the South Korean version (?????) The Hyundai Excel name was carried forward by the first generation models, as used by Accent’s ancestors in Australia.

Technical characteristics of Hyundai Models

Name Year Power Fuel
1 Hyundai Pony Coup? 1979 55HP (41 kW) @ 5000 rpm 9.8 l/100km
2 Hyundai Santa Fe Automatic 2011 177HP (131 kW) @ 6000 rpm 10.23 l/100km
3 Hyundai Sonata 16v 1992 132HP (97 kW) @ 6000 rpm 9.8 l/100km
4 Hyundai Coup? V6 2001 167HP (123 kW) @ 6000 rpm 6.3 l/100km
5 Hyundai Elantra 1.6 GSi Automatic 2001 105HP (77 kW) @ 5800 rpm 6.3 l/100km
6 Hyundai i30 2.0 2007 143HP (105 kW) @ 6000 rpm 7.1 l/100km
7 Hyundai Accent 1.4 Saloon Automatic 2007 97HP (71 kW) @ 6000 rpm 7.1 l/100km
8 Hyundai Genesis Coup? 380 GT Automatic 2008 303HP (223 kW) @ 6300 rpm 5.3 l/100km
9 Hyundai HCD-7 2002 273HP (201 kW) @ 5500 rpm 6.5 l/100km
10 Hyundai Azera Limited (US) 2010 287HP (211 kW) @ 6200 rpm n/a
11 Hyundai i20 1.6 CRDi 2009 116HP (85 kW) @ 4000 rpm 4.4 l/100km
12 Hyundai Equus JS 450 2008 266HP (195 kW) @ 6000 rpm n/a
13 Hyundai Azera GLS (US) 2010 264HP (194 kW) @ 6200 rpm n/a
14 Hyundai Genesis Coup? V6 (US) 2008 310HP (228 kW) @ 6000 rpm 5.3 l/100km
15 Hyundai Getz 1.1 2007 67HP (49 kW) @ 5500 rpm 5.5 l/100km

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