Hyundai History: Hyundai Motor Company
The Hyundai Motor Company is a South Korean transnational automotive manufacturer headquartered in seoul, South Korea. In 1967, it had been established by Chung Ju Yung. Hyundai Motor Co. has developed into the Hyundai Motor cluster that was hierarchic because the world’s fifth-largest car maker since 2007 and includes over 24 auto-related subsidiaries and affiliates. The company’s slogan reads as “Drive your way”, whereas the brand may be a slanted, artificial “H”, symbolizing the corporate shaking hands with its client.
In 1976, Hyundai Motor exported its initial separately made vehicle, the Pony that was power-driven by Japan’s Mitsubishi engines. Currently exports over one million high-quality vehicles starting from sedans, SUVs, buses and trucks. Hyundai operates the world’s largest integrated automobile producing facility in Ulsan, South Korea that has an annual production capability of 1.6 million units.
Hyundai would solely cross U.S. borders later in 1986 with the discharge of the Excel. The subcompact was a moment hit with its fairly little price tag accounting for many of its quality. Hyundai Motors India Limited was recognized in 1996 in Irrungattukotai close to Chennai with a manufacturing plant moreover. In 1999, the possession was transferred to Chung Ju-Yung’s son, Chung Mong Koo. In 2001, Hyundai was separated into 3 separate companies, Hyundai significant Industries, Hyundai Motor cluster and Hyundai Engineering and Construction. Hyundai is presently in operation in 193 countries.
The brand entered the first hundred most precious brands of the globe. Its recent history is powerfully connected to investments in technology and ample advertising campaigns. From taking a cautious begin within the automobile industry; Hyundai has these days become one in all the foremost trusted four wheeler brands in the world. Hyundai’s achievement has been a result of its continuous concentrate on growth and client satisfaction.
Hyundai Motor Company Official Website: http://worldwide.hyundai.com/
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