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Hyundai Vehicles Overview
Hyundai Motor Comapny was founded in Korea in 1967 by Ju-Yung Chung, who
created the Hyundai industrial comglomerate twenty years earlier. At first,
the company built vehicles for US giant Ford, but as South Korea sought
to achieve rapid industrialization and economic growth, Hyundai became
one of the engines of indigenous industry in the country. By 1975,
they were building their own car, a compact pickup called the Pony.
Seeking to expand its sales, Hyundai finally managed to homologate
and gain permission to sell its subcompact Excel for the US market in
1985. First-year sales were nearly 170,000 (thanks largely to a starting
price of $4,995), selling more than any other import, and Hyundai was off
to a roaring start in the States. Things soon turned sour with the Excel,
as quality and reliability issues began to emerge and pile up. Hyundai
persevered, expanding its lineup with the midsize Sonata in 1989,
and the intermediate compact Elantra in 1992. The Excel died off after
1994, and was replaced by the Accent. Hyundai's recipe for success in
the American market was to offer more features for a lower price than
Japanese (and even some domestic) rivals. By 2008, though, the company
was confident enough in its improved reputation to offer a luxury car
Stateside in the form of the Genesis. Hyundai is also the parent company
of Kia Motors, another South Korean carmaker.
CARS
MINIVANS
CROSSOVER VEHICLES
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