Hyundai Motor Company
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The Hyundai Motor Company (HMC, 현대자동차, 現代自動車), a South Korean company, is principally engaged in the manufacturing and selling of automobiles. It is Korea's largest car maker and world 7th largest inclulding Kia, as of 2003. It is part of Hyundai Motor Group. Hyundai Motor Co. operates the world's largest integrated automobile manufacturing facility in Ulsan, located on Korea's southeast coast.
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History
Chung Ju-Yung founded the Hyundai Motor Company in 1947 as Hyundai Engineering and Construction Co. Hyundai Motor Co. (HMC) was established in 1967. The company's first model Cotina was manufactured in cooperation with Ford in 1968. In 1975, Pony, Korea's first proprietary model was released. Pony was exported abroad for the first time of Korean auto industrial history in 1976. In 1986, an export strategic model Exel(PonyExel in America) was nominated 'best product 10' by Fortune Magazine. Then the company produced mid-size passenger car Sonata, first model manufactured with it's own technology in 1988. Since that time, Hyundai has expanded and upgraded its product line in the world.
In 1998, Hyundai acquired Kia Motors. In 2000, the company established a strategic alliance with DaimlerChrysler and severed its partnership with Hyundai Group. In 2001, Daimler-Hyundai Truck Corporation was formed. In August, 2004, DaimlerChrysler sold its 10.5% stake in Hyundai for $900 million US dollars.
Global Organization
Hyundai has been advancing its global market management and overseas operations by investing in Hyundai manufacturing plants in North America, India, China, Turkey and R&D centers in North America, Japan and Europe.
2004 model year
- Accent/Verna
- Atos/Atos Prime/Atoz
- Avante/Elantra
- Click/Getz/TB
- H-1/Satellite/Starex
- Coupe/Tiburon/Tuscani
- Terracan
- JM/Tucson
- Trajet
- Lavita/Matrix
- Santa Fe
- Sonata
- XG (to be replaced by the TG for 2006)
See also
External links
- Company website
- Hyundai Motor America
- Hyundai Motor Manufacturing Alabama
- Beijing Hyundai(北京现代汽车有限公司)
- Hyundai motor India Ltd.
- Hyundai Stock Price Trend, Korean Market
de:Hyundai Motor Company et:Hyundai Motor Company ja:現代自動車
