© 2019: All rights protected.

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 i30

Hyundai i30

The Hyundai Motor Company introduced the Hyundai i30 in 2007 as the small family car. It ahs the same platform as the Kia cee’d. It is available as a both five door hatchback and station wagon. There is also a choice of either three petrol or two diesel engines and either a manual or automatic transmissions.

Hyundai Genesis Coupe

Hyundai Genesis Coupe

Hyundai Genesis coupe is rear-wheel drive sports coupe manufactured and produced by Hyundai Motor Company. The vehicle was released in 2008, specifically for Korean market. It was the first RWD sports coupe from Hyundai.

Hyundai i20

Hyundai i20

Built as a super-mini car marketed by Hyundai; a South Korean corporation and been into manufacturing from 2008; Hyundai i20 had successfully launched its debut at Motor Show of Paris in the year 2008 and comes between both models of i10 and i30.

Technical characteristics of Hyundai Models

Name Year Power Fuel
1 Hyundai Sonata 2.4 CDX 2004 160HP (117 kW) @ 5800 rpm 8.5 l/100km
2 Hyundai Genesis Coup? 380 GT 2008 303HP (223 kW) @ 6300 rpm 5.3 l/100km
3 Hyundai i20 1.4 CRDi 2010 90HP (66 kW) @ 4000 rpm 4.2 l/100km
4 Hyundai Tucson 2.0 CRDi VGT Automatic 2006 139HP (102 kW) @ 4000 rpm 8 l/100km
5 Hyundai Pony 1.5 GLS 1985 72HP (52 kW) @ 5500 rpm 9.8 l/100km
6 Hyundai Pony 1.5 Saloon 1986 85HP (62 kW) @ 5500 rpm 9.8 l/100km
7 Hyundai i30 1.6 CRDi Automatic 2007 115HP (85 kW) @ 4000 rpm 5.9 l/100km
8 Hyundai Sonata GLS 2.5 V6 1998 159HP (117 kW) @ 6000 rpm 9.8 l/100km
9 Hyundai Pony 1979 68HP (50 kW) @ 5000 rpm 9.8 l/100km
10 Hyundai Equus JL 450 2008 266HP (195 kW) @ 6000 rpm n/a
11 Hyundai Veracruz AWD 2006 259HP (190 kW) @ 6000 rpm 10 l/100km
12 Hyundai Accent 1.6 Saloon 2007 111HP (82 kW) @ 6000 rpm 6.4 l/100km
13 Hyundai Stellar 1600 GSL 1984 74HP (54 kW) @ 5200 rpm 9.8 l/100km
14 Hyundai S-Coup? 1990 83HP (61 kW) @ 5500 rpm 9.8 l/100km
15 Hyundai ix20 1.6i Blue 2010 125HP (92 kW) @ 6300 rpm 5.9 l/100km

Read more about:

Popular Brands

Read more about:

Popular News

Read more about:

Popular Reviews