When was Hyundai Motor Company founded and by whom?
Hyundai Motor Company was founded in 1967 by Chung Ju-yung and his brother Chung Se-yung. Chung Ju-yung had previously founded the Hyundai Engineering and Construction Company in 1947.
Questions about Hyundai Motor Company
Short answers, pulled from the story.
What was Hyundai's first car sold in the United States?
The Hyundai Excel was the first model sold in the United States, beginning on the 20th of February 1986. Hyundai set a record that year by selling 168,882 vehicles, the most automobiles in a first year of business in the U.S. compared to any other car brand.
Who designed the Hyundai Pony and what made it significant?
The Pony, released in 1975, was styled by Giorgio Giugiaro of Italdesign, with powertrain technology from Japan's Mitsubishi Motors. It was the first South Korean car, developed under the direction of George Turnbull, the former managing director of Austin Morris at British Leyland, whom Hyundai hired in February 1974.
How did Hyundai recover its quality reputation in the United States?
Starting with the 1992 model year, Hyundai added free maintenance for the first two years or 24,000 miles and a 10-year or 100,000-mile powertrain warranty. By 2004, J.D. Power and Associates ranked Hyundai second in North America for initial quality, tied with Honda, and third overall in the 2006 Initial Quality Survey, behind only Porsche and Lexus.
What is Hyundai's Ioniq 5 and how fast can it charge?
The Ioniq 5 is a midsize electric crossover built on Hyundai's Electric Global Modular Platform. Its 800-volt charging system can bring the battery from 10 to 80 percent in 18 minutes using a 350-kW charger; a five-minute charge adds 100 km of range by WLTP standards.
What was the Hyundai fuel economy scandal and what were the penalties?
After a 2012 EPA investigation, 35 percent of all 2011-2013 Hyundai and Kia vehicles were found to have inflated fuel economy numbers by as much as six miles per gallon. In 2014, the U.S. government issued $350 million in penalties, and Hyundai agreed to pay $395 million to vehicle owners and $41.2 million to cover the investigative costs of 33 U.S. state attorneys general.