What brand is HYUNDAI?
1 Answers
HYUNDAI is Hyundai Motor, a South Korean automotive brand and the largest automobile manufacturer in South Korea. Originally part of the Hyundai Group, it is one of the world's top 20 largest automobile companies. Hyundai Motor Company has the capacity to export over 500,000 vehicles annually and has established production bases in regions including North America, Asia, Africa, and Europe. Hyundai Motor's models include the ix35, Elantra, Verna, Coustu, Elantra, Tucson L, and Mistra. Brand Development Timeline: In 1942, Chung Ju-yung established an auto repair shop on a small street in Seoul. In December 1967, Hyundai Motor was founded in collaboration with Ford Motor Company, marking its official entry into heavy industry. In 1981, it formed a joint venture with Mitsubishi Motors (Mitsubishi held a 10% stake). In 1992, at the Detroit Auto Show, Hyundai unveiled its first fully independently developed concept car, the HCD-I. In 1993, at the Detroit Auto Show, Hyundai revealed its second ace—the HCD-II. In December 2000, the predecessor of Hyundai Motor (China) Vehicle Sales Headquarters was established in Shanghai. On August 18, 2009, the rear-wheel-drive flagship model was launched in China. In September 2019, Hyundai Motor Group signed a cooperation agreement with Aptiv, an autonomous driving technology supplier.
