Hyundai Company History

The history of Hyundai Motor Company begins in 1967, when Hyundai Construction opened a branch of Hyundai Motor with headquarters in Seoul. Six months later, the first cars were produced under licenses from the British company Ford.
Fruitful cooperation with Ford has laid a good foundation for the development and production of our own car.
So in 1975, with the support of Mitsubishi Motors, the Hyundai Pony model was introduced, which pleasantly impressed connoisseurs and critics with its modern design and elegant design.
After such rapid success, Hyundai Motor became the undisputed leader among car manufacturers in Korea and already in 1976 was able to break into the demanding European market. The Axel car, released in 1985, was recognized as the sales leader in Canada, and a few years later the company conquered the most difficult market - North America, where the number of Hyundai cars exported by the early 90s exceeded 1 million.
The company's further goal was to gain independence from the scientific and technical developments of other manufacturers. In 1988, the Sonata was released, the first Hyundai model with a single "alien" the engine element from Mitsubishi. And the following year was marked by the release of a 1.5-liter Hyundai engine, dubbed Alpha. Nevertheless, Hyundai continued to work closely with Mitsubishi and released several successful cars under licenses for aging models of Japanese partners.
The next strategic step is the opening of Hyundai California Design studio in California and the creation of the first HCD-I concept car. This conceptual model became the prototype of the Hyundai Coupe sports car, released in 1991, and showed that the company looks to the future with confidence. Hyundai Motor became the absolute leader of the Korean car market after the acquisition of Kia/Asia Motors in 1998.
Hyundai Motor Company approached the beginning of the new millennium with excellent results, both in the domestic and international markets. To this day, new car models are consistently becoming sales leaders in various countries. Hyundai is investing in car manufacturing plants around the world.
The company firmly adheres to the initially chosen path of hard work, development of its own models and continuous technological improvement. Get started with 1xBet on the right foot by using a 1xbet promo code no deposit for a $130 welcome bonus. This bonus is designed to extend your playtime and increase your chances of hitting a big win. The promo code is simple to use and must be entered before you finalize your account details. The $130 will be waiting for you, allowing you to explore all sections of the site. It’s the perfect welcome gift for any new bettor. Claim your $130 now.