Hyundai Company - History and story of its development

Hyundai Company

Hyundai is one of the world’s top automakers, and its history has been marked by innovation and growth.

The company was founded in 1967 by Chung Ju-Yung as a construction firm.

Over the years, it expanded into other industries, including manufacturing and automotive.

In 1975, Hyundai launched its first car, the Pony, which quickly became a hit in South Korea and abroad.

Since then, Hyundai has continued to innovate and grow into one of the world’s leading automakers.

Today it produces a wide range of cars from small hatchbacks to luxury sedans that can be found all over the world.

The company continues to focus on innovation with its cutting-edge technology such as fuel cell vehicles and autonomous driving systems.

As Hyundai continues to grow and evolve, its story is an inspiring example of how a business can become successful over time with hard work and dedication.

In this blog as you probably guessed, we are going to review the history and stories behind the successful Hyundai Company and its new manufacturers.

Where it all began?

Chung Ju-Yung

Hyundai was founded in 1967 by Chung Ju-Yung as a construction company. Hyundai later diversified into shipbuilding, petrochemicals, automobiles, and electronics.

Hyundai Construction changed its name to Hyundai Heavy Industries in 1972.

Hyundai Motors was spun off from Hyundai Heavy Industries in 1976.

Hyundai Motor Company was established in 1984 and Hyundai Automotive Group was created in 2000.

Hyundai has a strong presence in the global automobile market, with subsidiaries in the United States (Hyundai Motor America), Canada (Hyundai Canada), Europe (Hyundai Motor Europe), and China (Beijing Hyundai).

Hyundai also has a controlling stake in Kia Motors and a minority stake in Genesis Motors.

Hyundai Motor Company is the fifth largest automobile manufacturer in the world, and as of 2018, Hyundai Motor Group is the world's sixth largest conglomerate.

The company has sold more than 50 million vehicles worldwide as of 2015 and ranks as the fifth largest vehicle manufacturer by production.

Pony

The first model was called Pony, which was launched in 1986 under the name "Hangyore." After several modifications and redesigns, it became known as Terracan.

The car had 4 doors and 5 seats and its 2.5L gasoline engine produced 101 horsepower (75 kW).

The second generation Terracan debuted at the Geneva Motor Show in 2006 with a completely new body design.

This model had an increased wheelbase of 2 cm (0.8 inches) compared to its predecessor but lost some weight through the use of aluminum components for many parts of the bodywork such as doors and fenders.

The third generation came out in 2013; it featured a completely new look compared to previous versions but still used most mechanical components from before.

In 1994, the company entered into an agreement with Suzuki to co-develop a new model called Equus together with Daewoo which was later renamed as Veracruz.

The car they designed together was called Equus, which later became known as Veracruz.

It was named after an Arabian horse that lived during the time of Alexander the Great.

The first generation models were launched in 1999, with a 2nd generation following in 2004 and a 3rd generation released in 2009.

The fourth-generation model was released in 2013 and featured many improvements over previous generations including better fuel efficiency as well as more room inside for passengers.

In 1998, Hyundai merged with Kia Motors and Genesis Motors (formerly known as Daewoo Motors), creating Hyundai Kia Automotive Group; it was later renamed to simply "Hyundai Motor".

According to the "Global 500" ranking published by Fortune magazine in June 2019, Hyundai Motor Co ranked as the third most valuable global automaker after Volkswagen AG and Toyota Motor Corp among the 100 top companies globally.

Hyundai Motors Manufactures

Here are some of the best models that Hyundai produced over time.

Hyundai Sonata

Hyundai Sonata

The Hyundai Sonata is a mid-size sedan that has been on the market since 1985.

The Sonata has been generally well-received over the years, with most reviewers praising its value, comfortable ride, and overall reliability.

In recent years, the Sonata has undergone a complete redesign, and the current model is the seventh generation of the car.

The Hyundai Sonata is a stylish and well-equipped sedan that offers great value for the money.

The Hyundai Sonata is a good choice for anyone looking for a reliable and affordable sedan.

It's comfortable and spacious, and it comes with a wide range of features that make it a great value.

If you're looking for a reliable car with a reputation for being well-made, you can count on the Hyundai Sonata.

The base engine is a bit sluggish, but the optional turbocharged engine is much more powerful.

The Sonata's cabin is quiet and spacious, and the ride is smooth and comfortable.

Overall, the Sonata is a great choice for a midsize sedan.

Hyundai Tucson

Hyundai Tucson

The Hyundai Tucson is a stylish and capable SUV that offers great value for the money.

It's well-equipped with a long list of standard features, and it has a comfortable and stylish interior.

Although the Tucson isn't the quickest or most athletic SUV in its class, it's a good all-a rounder that should serve most buyers well.

The Tucson is a five-passenger crossover SUV available in SE, Eco, Sport, Limited and Ultimate trims.

All but the SE come with a turbocharged 1.6-liter four-cylinder engine (175 horsepower, 195 lb-ft of torque) that's mated to a seven-speed dual-clutch automatic transmission.

Fuel economy is an EPA-estimated 26 mpg combined (23 city/31 highway) for the 1.6-liter turbo models.

Hyundai also offers a 2.0-liter turbocharged four-cylinder engine (240 hp, 260 lb-ft) with all-wheel drive and a six-speed automatic transmission.

The fuel economy suffers a little with this powertrain, dropping to an EPA-estimated 24 mpg combined (21 city/26 highway).

Hyundai Accent

Hyundai Accent

The Hyundai Accent is a subcompact sedan that has been in production since 1994.

The Accent is one of the most affordable cars on the market, and it is known for its fuel efficiency and reliability.

Although Accent is not a luxury car, it offers a surprising amount of features and amenities for its price point.

The Accent is a good choice for anyone who is looking for an affordable and reliable sedan. It is especially well-suited for first-time car buyers and people who do a lot of cities driving.

If you are considering the Accent, read on for an overview of the pros and cons of this popular sedan.

The Hyundai Accent is a reliable and affordable car that has a lot to offer drivers.

This vehicle is equipped with a variety of features that make it a great choice for those who are looking for a reliable and affordable car.

The Accent is equipped with a 1.6-liter four-cylinder engine that is capable of producing 120 horsepower.

This car also has a six-speed manual transmission that is standard on all models.

The Accent also comes with a variety of safety features, including airbags and ABS.

Hyundai SANTA FE

Hyundai SANTA FE

Hyundai SANTA FE is one of the most popular SUV's on the market.

It's stylish, efficient, and packed with features that make it a great choice for anyone looking for a new vehicle.

Here I’ll give you a quick overview of the Hyundai SANTA FE, from its exterior design to its performance and safety features.

I will also touch on some of SANTA FE's drawbacks so you can make an informed decision about whether or not this SUV is right for you.

The 2020 Hyundai Santa Fe is a comfortable and practical SUV that should suit most families.

It has a refined interior with plenty of space and a long list of standard features.

The ride is smooth and composed, and the vehicle is easy to drive.

Although the Santa Fe is not particularly sporty, it is capable and confident when maneuvering.

The standard engine should be adequate for most drivers, but the optional turbocharged engine provides more power and is more fun to drive.

The Santa Fe comes standard with Hyundai's excellent Blue Link infotainment system, which features sharp graphics and easy-to-use controls.

The system's standard features include Apple CarPlay, Android Auto, satellite radio, Bluetooth, and a USB port.

Optional features include a panoramic sunroof, a surround-sound audio system, and navigation.

Overall, the SANTA FE is a car that will not disappoint you at all.

Hyundai Elantra

Hyundai Elantra

The Hyundai Elantra is a reliable and affordable car that is perfect for anyone looking for great value.

It has a comfortable interior and a smooth ride, and it is very fuel efficient.

The Elantra is also packed with features, such as Bluetooth and Apple CarPlay, that make it a great option for anyone looking for a new car.

The Hyundai Elantra is a concise package that sets the bar for compact car design and quality.

Although the Korean automaker has been criticized in the past for its "cheap and cheerful" image, the Elantra is a stylish, capable and well-equipped car that should appeal to a wide range of buyers.

The Elantra is available in sedan and hatchback body styles, and there are four trim levels: SE, SEL, Limited, and Sport.

Each Elantra is powered by a 147-horsepower, 2.0-liter four-cylinder engine mated to a six-speed automatic transmission.

Front-wheel drive is standard, and all-wheel drive is optional on the sedan only.

Hyundai Palisade

Hyundai Palisade

The Hyundai Palisade is a big and stylish SUV that offers a lot of value for the money.

It has a spacious interior with plenty of room for passengers and cargo, and it comes with a long list of standard features.

It also has a comfortable ride and a smooth and powerful engine.

Overall, the Palisade is a great SUV and a good value for the money.

The all-new Hyundai Palisade is a large SUV that offers seating for up to eight passengers.

It's perfect for families who need a lot of space, and it comes packed with the latest safety and technology features.

The Palisade is also comfortable and stylish, making it a great choice for those who want all the bells and whistles.

If you're in the market for a large SUV, the Palisade should definitely be on your list.

In this article, we'll take a close look at all that the Palisade has to offer, from its spacious interior to its advanced safety features.

Hyundai Venue

Hyundai Venue

The Hyundai Venue is a stylish and spacious crossover SUV that offers a lot of value.

It's one of the most affordable crossovers available, with an EPA rating of 28 mpg combined.

The Venue is also very comfortable and has plenty of room for passengers and cargo alike.

The interior has soft-touch materials throughout, and all models come standard with heated front seats and a heated steering wheel.

There are plenty of storage compartments throughout the cabin as well.

The Venue comes in two different powertrain configurations: A 2.4-liter four-cylinder engine that produces 164 horsepower, or a turbocharged 2.0-liter four-cylinder engine that produces 252 horsepower in Sport trim levels.

Both engines are paired with an eight-speed automatic transmission and front-wheel drive (FWD).

All other trim levels feature all-wheel drive (AWD) as standard equipment.

The Venue's standard features include LED headlights and taillights, 17-inch alloy wheels, automatic headlights, automatic climate control, heated mirrors, a rearview camera system, and dual-zone automatic climate control among others.

As you move up through the model lineup, you'll find additional features like heated front seats (on SE models), heated.

Hyundai Motors future

Hyundai Venue

Hyundai Motors has been a pioneer in vehicle manufacturing and has continuously worked towards providing world-class cars to its customers.

The company has always been on the top of the list when it comes to designing future-ready vehicles.

With the introduction of new technologies and innovations, Hyundai Motors is working hard to keep up with the changing trends

The future plans of Hyundai Motor Company include:

  • Designing futuristic vehicles that are safe, comfortable, efficient and environmentally friendly.
  • Developing next-generation powertrains that can provide more power while reducing emissions by 30%.
  • Incorporating advanced mobile technologies into vehicles such as smartphones, tablets and other smart devices in the car's infotainment system.

Conclusion

As we said before, Hyundai Motor Co is one of the largest automakers in the world, with its headquarters in Seoul, South Korea.

In this blog, we previewed the whole story and history behind this successful company.

In the end, we also took a look at some of the best models that Hyundai has manufactured.

This blog is dedicated to you from Cafeerent.

Cafeerent is a valid and official car rental company with different branches in Dubai, Qatar, Iran, and Turkey.

If you are interested to experience the driving system with Hyundai vehicles or other brands, you can easily contact us to reserve your desired car and receive it in your place.

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