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Hyundai’s founding story, which proves that it got to these days by scraping its nails (actually, entering the automotive sector wasn’t its main goal!)

  • November 24, 2024
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So much so that Hyundai is already in Korean “Contemporary/Modern” It means. The brand has succeeded in highlighting major change, development and innovation for 55 years. Bride, The

Hyundai’s founding story, which proves that it got to these days by scraping its nails (actually, entering the automotive sector wasn’t its main goal!)

So much so that Hyundai is already in Korean “Contemporary/Modern” It means. The brand has succeeded in highlighting major change, development and innovation for 55 years.

Bride, The founding story of the Hyundai brand let’s see.

The Hyundai brand was founded in South Korea in 1947 by Chung Ju-Yung.

Chung Ju Yung

However, this brand actually laid its foundation as a construction company and showed activities in the field of shipbuilding, logistics, electronics and construction. “Hyundai Motor Company” Twenty years after its founding, it entered the automotive industry.

The company also carries out successful R&D work in the areas of ships, steel, construction machinery and electronics. An important factor that strengthens your hand in the automotive industry happened. Hyundai, which over time began to take its place among the world giants, played a key role in healing the country’s wounds after the Korean War between 1950 and 1953.

So much so that the state-backed company has more than 50,000 employees in its car production facilities alone.

kia

Furthermore, the company acquired Kia in 1998 and gained a 70% share of the South Korean car market. Hyundai’s story is about the ability to produce its own car. Pony model from 1976 It started with.

The brand, which has a daily working pace of 16 hours without holidays, both knowledge and capacity increased. He sent engineers to Italy for designs. To achieve the standard in terms of vehicle quality, we usually worked with one supplier.

In 1981 it started producing trucks and pick-up trucks.

Hyundai greatness

Also Hyundai company In South Korea, the US, Turkey, China, India and Russia They have factories. However, of these, the factory in Ulsan, South Korea, would have to be placed in a separate location. Because this factory is the largest car production facility in the world with the highest capacity.

On the other hand, Pony was exported to the US and to Hyundai in 1986 large luxury car Grandeur (Azera) was launched. The Pony has been the best-selling imported compact car in the United States for three years in a row.

hyundai

The luxury sedan Sonata was launched in 1988, Elantra and Scoupe in 1990, Galloper in 1991, Sonata II in 1993 and Dynasty and Tiburon in 1996. Hyundai has improved and renewed itself so much A new automatic charging robot for electric vehicles in 2023 developed and introduced N Vision 74.

In summary, it can be said that Hyundai, which South Korea has turned into a global brand, although it did not start in the automotive sector, has improved itself over time and has continuously improved itself. one of the most successful car brands it has become.

Sources: Hyundai, My Auto Diaries, Auto Report

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