| Chung
Ju-Yung was born into a poor Korean family. But his fortunes were set to change.
In 1947, aged just 32, he founded the Hyundai Engineering and Construction Company.
By the 1960s, it was one of Koreas largest construction companies. The secret
of its success? Chung Ju-Yung always insisted on delivering quality products on
budget and on time. In 1966, Chung Ju-Yung established the Hyundai Motor Company
as a manufacturing business to sit alongside Hyundai's core construction company.
The motor company had grown out of a modest array of repair shops into a national
chain of service centers - and was about to embrace assembly for the first time.
The Hyundai Pony became its first independently designed and manufactured model.
Unveiled at the 55th Turin International Motor Fair in 1974, it was exported in
1976, and by 1984, Hyundai had produced over 500,000 models. In 1992, the company
had also created its first proprietary engine: Alpha. Yesterday, Korea.
Today, the world. From their humble beginnings as a local construction company,
to their current standing as a global giant, Hyundai has taken the motoring world
by storm. Their global design centers are at the heart of these advances.
Populated by talented, freethinking individuals, each team brings innovative insight
and ideas to every Hyundai design. |