All About Hyundai Motor Group
The Hyundai Motor Company together with Kia comprises the Kia Automotive Group with headquarters in Seoul, South Korea. Hyundai vehicles are manufactured in Ulsan, the largest integrated auto manufacturing facility in the world capable of producing in excess of 1.6 million vehicles annually. With more than two dozen auto-related affiliates and subsidiaries all over the world, the group was ranked 5th largest automaker in 2007 employing more than 105,000 people. In 2017 4.9 million vehicles were sold globally with recorded sales of US $88 million.
Founded in 1946 the name Hyundai means "modern era" and represents the company's passion for progress that has been their hallmark from the very start. In less than fifty years the group has become a world leader in the building of a variety of products from ships to microchips, consumer electronics, massive infrastructure projects, and oil rigs.
In 1967, the Hyundai Motor Company produced Korea's first locally designed vehicle and today has manufacturing plants in Korea, the USA, India, the Czech Republic and joint ventures in China, South-East Asia, Turkey, Africa, Russia, and South America. The company invests billions of dollars annually in research and development to continuously bring practical, eye-catching cars onto the market that are more efficient and safer than before. Hyundai stands at the very centre of innovative technologies that are spearheading the global automotive market.
From compact cars to commercial vehicles, at the heart of every Hyundai car is the power train centre accelerating the development of power trains for use in hybrid vehicles. They are also working on minimizing air pollution from gas emissions, reduced weight methods for improved fuel efficiency, low friction technology, and improved motor efficiency. In response to increasing gas emissions restrictions, Hyundai is leading the way with the development of eco-friendly vehicles with highly efficient emission gas cleaning systems to reduce harmful gases emitted from engines.
The independently made engines, eco-friendly exhausts, and transmissions developed by Hyundai are being recognised as the strongest in their class. The production of the Alpha engine in 1991 marks the birth of the independent automotive technology history of Korea. The first Zeta engine to be exported to a developed country displayed the technical ability of Korean engineers and raised brand recognition.
In 2009 Hyundai developed the R Passenger Diesel engine that met Euro-5 regulations and was classified as a low-emission engine for use in the Seoul Metropolitan area. For three straight years from 2008 to 2010 the Tau engine received the award for the top best engine from "Ward's Top 10 Best Engines". In 2010 Hyundai again raised the bar with the development of the Theta GDi engine featuring improved fuel economy and the highest motor performance in its class.
With the development of its 6-speed 2-WD automatic transmissions in 2009 and continuously variable transmission (CVT) for LPI use, Hyundai has achieved a level of technology that places them in the leading position on international markets. In 2011 they were the first automotive company to develop an 8-speed RWD automatic transmission with their top-level technical ability.
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