Hyundai Motor The car, built in 1970, the production capacity of an annual output of 26,000 Ulsan plant. Second stage Digestion and absorption of 1970-1975. This time, the modern company spent heavily in the digestion and absorption of Ford technology company. Invest $ 100 million in 1974 to build an annual output of 56,000 new plant in 1975, the plant built car localization rate of 100%. The third stage 1975 to the world. In 1976, the design and production Forney brand cars off the assembly line, modern mature. In the 1980s, the monopoly of modern Korea market, and Toyota break up, an alliance with Mitsubishi, Pony brand cars. 1983 Pony brand cars sold in Canada greatly popular, sold 7.9 million units in 1985. In 1986, the ultra modern pony cars into the U.S. market, when sold 160,000, the highest automotive industry sales miracle, which laid the foundation of the international status of the Hyundai Motor Company. In 1991, the company released its first independent internal powertrain --- Alpha type engine. Two years later, the company released lovns
Lawns Beta-type engine. January 1992, Hyundai HCD-1 with its concept car to the automotive world for the first time describes the modern vision of the future. This test models to create an exciting concept car tradition, the subsequent products include a series of HCD concept car. In 1998, Hyundai Motor Company had a tough year. A serious decline in the sales volume of the domestic market. However, with the introduction of the EF Sonata Sonata and XG models, Hyundai's new models to obtain success, and received the highest esteem in the international press. Not only that, due to the favorable export situation, the export volume continued to grow rapidly, which also partially offset by a decline in sales in the domestic market. During this period the company also carried out mergers and industrial restructuring. The acquisition of Kia (Kia) / Asia automobile plant and cartier love bracelet merged with HPI and HMS Order Hyundai Motor to achieve the economies of scale needed to compete in the global marketplace. 1999 for Hyundai Motor is a very active and rich harvest for the year.Following the the EF Sonata Sonata and Elgrand XG success 1998, Hyundai Motor Company has introduced four new models: Century Centennial, Accent Accent Cool coupe Coupe improved and Ray & Berndtson Trajet. Ray & Berndtson Trajet MPV models of Hyundai Motor launched for the first time. Its successful launch of the modern car into a new area of the world car market, and further expand the huge range of models of Hyundai Motor Company. Hyundai Motor 2001 various vehicle production 2.23 million, on sales of $ 17 billion, and net profit of approximately $ 900,000,000. Compared with 2000, Table 09 Equus
09 Equus Surface to achieve a growth of 23.4%, the actual growth of 74.5% in profits, proved that modern is booming as a world-class car manufacturers. Especially in approximately 60% of all sales for export overseas market continues to expand.As a result of rapid growth, sales of Hyundai Motor Group (including Kia), ranked seventh in the world. Cartier rings Therefore, Hyundai Motor to enter the world's top five, the booming Chinese auto market, Hyundai Motor can achieve the goal. The corporate brand in the World Brand Lab (World Brand Lab) prepared in 2006, "World Top 500 Brands" list ranked one hundred and eighty second. The enterprise 16 ranked seventh in the 2007 ranking of the world's largest Fortune 500 company.
