Hyundai

We can appoint several Asian automotive companies, such as Nissan, Mitsubishi or Honda which have had a growth, but few companies have had a unique history as Hyundai. The South Korean company most profitable. We will explain how it came to be the 4th company automobile manufacturer in the world.

South Korea by the success. The employer Chung Ju-Yung, in the year 1947, he founded his own company dedicated to the construction and repair of automobile models. The company, which immediately became a group or consortium, was called Hyundai, cooperating with the government of South Korea and with the army of the United States of America.

After the Korean War, the economy needed enable, and Hyundai group took advantage of this period to have a significant expansion. Once that had its own car, Hyundai was commissioned to distribute and sell vehicles that Ford was, although soon manufacture their own vehicles in series. It was not until 1975 when its production is increased.

Despite the great bonanza, the Hyundai group had a great crisis during the end of the 90s. It had to sell the construction group and its electronic watermark, although acquired the division 'KIA'. Currently, only factory cars and has its branch of ship construction.