The History of Hyundai

Posted by Admin On Thursday, November 17, 2011 0 comments
If you live in North America, you are probably now very familiar with the line of Hyundai vehicles. Already in 1986, Hyundai was first introduced in the market - an Excel - and the company's management has changed so radically since then. Hyundai produces far more cars in the crime until the end of the last century Hyundai became one of the largest companies in the world. Take a look at this Korean multinational company and the company behind Hyundai vehicles.
It was in 1946, just one year removed from Imperial Japan's occupation of the Korean peninsula, a new company has produced what is now known as South Korea. Hyundai Motor Industrial Company was founded by Chung Ju-yung, a child of the North Korean farmers and in 1947 launched a second company Ju-yung, Hyundai Civil Industries. Turned autodidact, Ju-yung, the entire Korean economy with the tight control he exerted over his Hyundai companies.
The first Hyundai company was responsible for the construction of automobiles, while the second Hyundai company concentrated on the construction. In fact, many modern infrastructure in South Korea by Hyundai in the period after the termination of the Korean War in 1953 and by the 1970s was built. Dams, a highway, a shipyard and a nuclear power station were all built by Hyundai Civil Industries, while Hyundai Motors produced cars, mainly from Japanese components. Hyundai influence stretched across the Korean peninsula, which the company received orders to build a highway in Thailand and an important port in Saudi Arabia. Obviously, Hyundai dominated the Korean market and has quickly become an important actor on the international stage.
In 1970 Hyundai began building ships and shipyards, and in 1986 produced his first Hyundai vehicle completely from Korean components. Since the 1980s, before Hyundai added additional specialties, including the construction of semiconductor and magnetic levitation.
All was not brilliant for the company, however. Mitigated Decades of industrial disputes leading to new safety standards for employees instead of from the 1990s to mysticism Hyundai. In fact, by this time the company was the worst safety record of a company quoted in the industrialized world.
Cars were another source of problems for what became known as the Hyundai Group. Although now manufacturing their own vehicles, was the quality of Hyundai vehicles for the first decade of the automobile experts as a sub-par. Today, Hyundai and Hyundai parts are for the most part slightly above average, as compared to the industry as a whole.

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