Hyundai History
History of Hyundai
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South Korea
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Hyundai Description :
The Hyundai Motor Company, a division of the Hyundai Kia Automotive Group, is South Korea's largest and the world's fifth largest Automaker in terms of units sold per year.Its headquarters are in Seoul, South Korea. In Ulsan, South Korea, Hyundai operates the world's largest integrated automobile manufacturing facility, which is capable of producing 1.6 million units annually. The Hyundai logo, a slanted, stylized 'H,' is said to be symbolic of two people (the company and customer) shaking hands. Hyundai means
Hyundai History :
Chung Ju-Yung founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967. The company's first model, the Cortina, was released in cooperation with Ford Motor Company in 1968. In 1975, the Pony, the first Korean car, was released, with styling by Giorgio Giugiaro of ItalDesign and powertrain technology provided by Japan's Mitsubishi Motors.In 1991, the company succeeded in developing its first proprietary gasoline engine, the four-cylinder Alpha, and transmission, thus paving the way for technological independence.
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