
Chung Ju-Yung founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967. The company’s first model, the Cortina, was released in cooperation with Ford Motor Company in 1968. In 1975, the Pony, the first Korean car, was released, with styling by Giorgio Giugiaro of ItalDesign and powertrain technology provided by Japan’s Mitsubishi Motors. Exports began in the following year to Ecuador and soon thereafter to the Benelux countries. In 1991, the company succeeded in developing its first proprietary gasoline engine, the four-cylinder Alpha, and transmission, thus paving the way for technological independence.
In 1986, Hyundai began to sell cars in the United States, and the Excel was nominated "Best Product #10" by Fortune magazine, largely because of its affordability. The company began to produce models with its own technology in 1988, beginning with the midsize Sonata.
In 1996, Hyundai Motors India Limited was established with a production plant in Irrungattukatoi near Chennai, India.
In 1998, Hyundai began to overhaul its image in an attempt to establish itself as a world-class brand. Chung Ju Yung transferred leadership of Hyundai Motor to his son, Chung Mong Koo, in 1999. Hyundai’s parent company, Hyundai Motor Group, invested heavily in the quality, design, manufacturing, and long-term research of its vehicles. It added a 10-year or 100,000-mile (160,000 km) warranty to cars sold in the United States and launched an aggressive marketing campaign.
In 2004, Hyundai was ranked second in "initial quality" in a survey/study by J.D. Power and Associates. Hyundai is now one of the top 100 most valuable brands worldwide. Since 2002, Hyundai has also been one of the worldwide official sponsors of the FIFA World Cup.
In 2006, the South Korean government initiated an investigation of Chung Mong Koo ’s practices as head of Hyundai, suspecting him of corruption. On April 28, 2006, Chung was arrested, and charged for embezzlement of 100 billion won (US$106 million), with Hyundai Vice Chairman and CEO, Kim Dong-jin taking over as head of the company.
| Series | Engine | Transmission | Style | Release Month | Base RRP |
|---|---|---|---|---|---|
Hyundai Getz |
Multi Point F/inj 1.4l to 1.6l 1399 to 1599cc |
5 Sp Manual Or 4 Sp Automatic |
3d Hatchback Or 5d Hatchback |
Jan | $13,990 to $18,490 |
Hyundai Accent |
Multi Point F/inj 1.6l 1599cc |
5 Sp Manual Or 4 Sp Automatic |
3d Hatchback Or 4d Sedan |
Jan | $15,490 to $20,490 |
Hyundai I30 |
Multi Point F/inj or Diesel Turbo F/inj 1.6l to 2.0l 1582 to 1975cc |
5 Sp Manual Or 4 Sp Automatic |
5d Hatchback | Feb / Jan | $18,990 to $28,490 |
Hyundai Elantra |
Multi Point F/inj 2.0l 1975cc |
5 Sp Manual Or 4 Sp Automatic |
4d Sedan | Jan | $19,990 to $28,990 |
Hyundai Tucson |
Multi Point F/inj 2.0l to 2.7l 1975 to 2656cc |
5 Sp Manual Or 4 Sp Automatic |
4d Wagon | Jan | $24,990 to $31,490 |
Hyundai Sonata |
Multi Point F/inj 2.4l to 3.3l 2359 to 3342cc |
5 Sp Sequential Auto Or 4 Sp Sequential Auto Or 5 Sp Manual |
4d Sedan | Jan | $25,990 to $35,240 |
Hyundai Iload |
Multi Point F/inj or Diesel Turbo F/inj 2.4l to 2.5l 2359 to 2497cc |
5 Sp Automatic Or 5 Sp Manual |
4d Van | Feb | $29,990 to $38,990 |
Hyundai Santa Fe |
Multi Point F/inj or Diesel Turbo F/inj 2.2l to 3.3l 2188 to 3342cc |
5 Sp Automatic Or 5 Sp Manual Or 4 Sp Automatic |
4d Wagon | Jan | $33,990 to $48,990 |
Hyundai Trajet |
Multi Point F/inj 2.7l 2656cc |
4 Sp Automatic | 4d Wagon | Jan | $33,990 |
Hyundai Tiburon |
Multi Point F/inj 2.7l 2656cc |
4 Sp Auto Selectronic Or 6 Sp Manual |
2d Coupe | Jan | $34,990 to $39,380 |
Hyundai Terracan |
Multi Point F/inj or Diesel Turbo F/inj 2.9l to 3.5l 2902 to 3497cc |
5 Sp Manual Or 4 Sp Automatic |
4d Wagon | Jan | $36,490 to $40,590 |
Hyundai Imax |
Multi Point F/inj or Diesel Turbo F/inj 2.4l to 2.5l 2359 to 2497cc |
5 Sp Manual Or 4 Sp Automatic |
4d Wagon | Feb | $36,990 to $39,990 |
Hyundai Grandeur |
Multi Point F/inj 3.8l 3778cc |
5 Sp Sequential Auto | 4d Sedan | Jan | $42,990 to $46,990 |