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

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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 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.

Hyundai Equus

Hyundai Equus

Hyundai Equus, a large luxury car that is named after a Latin horse is a flagship model of Hyundai that is also called Hyundai's hundredth vehicle in Middle East nations. It is known to be one of the most luxurious and costly car from Hyundai.

Technical characteristics of Hyundai Models

Name Year Power Fuel
1 Hyundai Sonata 2.4 GLS 2010 201HP (148 kW) @ 6300 rpm n/a
2 Hyundai Tucson 2.0 CRDi VGT Low 4WD 2006 119HP (88 kW) @ 3800 rpm 6.5 l/100km
3 Hyundai Santa Fe V6 2011 280HP (206 kW) @ 6300 rpm 10.23 l/100km
4 Hyundai Euro-1 1999 385HP (283 kW) @ 6500 rpm 9.8 l/100km
5 Hyundai i30 1.6 Automatic 2007 121HP (89 kW) @ 6200 rpm 6.9 l/100km
6 Hyundai Getz 1.1 2007 67HP (49 kW) @ 5500 rpm 5.5 l/100km
7 Hyundai Pony 1.5 GLS 1985 72HP (52 kW) @ 5500 rpm 9.8 l/100km
8 Hyundai i40 Tourer 1.7 CRDi Automatic 2011 115HP (84 kW) @ 4000 rpm n/a
9 Hyundai Coup? 1.6 2001 106HP (78 kW) @ 5800 rpm 6.3 l/100km
10 Hyundai Getz 1.6 2007 106HP (78 kW) @ 5800 rpm 6.1 l/100km
11 Hyundai Getz 1.6 Automatic 2007 106HP (78 kW) @ 5800 rpm 7 l/100km
12 Hyundai Tucson 2.0 CRDi VGT 4WD 2006 139HP (102 kW) @ 4000 rpm 7.1 l/100km
13 Hyundai Pony 1.3 LS 1986 64HP (47 kW) @ 5400 rpm 9.8 l/100km
14 Hyundai Equus JS 330 2008 247HP (182 kW) @ 6000 rpm n/a
15 Hyundai Accent 1.4 2007 97HP (71 kW) @ 6000 rpm 7.1 l/100km