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The midsize Sonata was the first fruit borne of this endeavor.
Read more Hyundai history, a relative newcomer to the American marketplace, Hyundai is a Korean automaker with a product line that has improved greatly over the past decade.
More than 100,000 Excels were sold stateside in the first seven months.
Hyundai has also expanded into the entry-level and premium-level luxury sedan markets with its Genesis and Equus sedans.
Hyundai entered the.S.In 1998, Hyundai also purchased Kia, another Korean automaker, to expand its business and economies of scale.Market in 1986 with the introduction of its subcompact Excel.Hyundai has a vehicle for nearly every segment, including the economical Accent subcompact, the popular Elantra compact, the midsize Sonata sedan (also available as a hybrid sporty Genesis and Veloster coupes and a couple of stylish SUVs.However, rather than abandon the American market in the '90s, Hyundai chose to invest heavily in new product designs and improvements in overall quality and reliability.Having gone from being the butt of late-night TV jokes in the 1980s daniel wellington discount code december to a well-respected manufacturer of quality vehicles, Hyundai has created a very inspiring rags-to-riches story.The manufacturer's first car to be designed and built in Korea was the compact Pony (although the car was based on Japanese technology courtesy of Mitsubishi).The company quickly established an alliance with one of the industry's oldest automakers, signing a two-year contract with Ford in 1968 to share assembly technology.By the late 1960s, Chung had turned his attention to the automobile industry.Hyundai's first car, the Cortina, was created from that partnership.However, the company regained its footing to distinguish itself as one of Korea's leading construction enterprises during the 1950s.
A relative newcomer to the American marketplace, Hyundai is a Korean automaker with a product line that has improved greatly over the past decade.
The Korean government at that time believed that it made more sense to import vehicles than produce them domestically, and had made its opinion known.
Other models followed suit and the desirability of Hyundai cars increased sharply.
Providing an extraordinarily long warranty period didn't hurt either.By 1988, Hyundai had begun to produce cars using its own technology.Hyundai cars and SUVs provide a high level of content for an affordable price, and are currently backed by one of the industry's longest warranties.Mere months google promotion codes later, the outfit was bombed in the Korean War.Today's lineup is indicative of Hyundai's complete turnaround.In 1947, Chung Ju Yung founded the Hyundai Civil Engineering Company.The vehicle made its debut in 1974, and the following year Hyundai began exporting it to overseas markets.Still, Chung opted to follow his own convictions, and in 1967, he founded the Hyundai Motor Company.The car was an immediate hit, with its supreme affordability being a primary selling point.It all started to pay off by the start of the new millennium, with the 2001 Elantra in particular showing massive improvements in overall quality, reliability and performance.