Hyundai 2000 Annual Report Download - page 15

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range. Also, Hyundai
Motor Company has
signed an official
contract to become the exclusive
automotive partner to sponsor all
FIFA- related events, including the
2002 World Cup.
Hyundai Motors Company has already
supported several 1999 FIFA events,
including the Women’s World Cup,
the Confederations Cup, the World
Youth Championship and the
Under-17s World Championship.
Reviewing the performance for 1999,
Hyundai Motor Company came to
a successful year end with exports
setting new records of almost 700,000
vehicles and domestic sales having
almost recovered to pre-Asian
economic crisis levels. As Korea’s
economy and subsequent demand for
automobile recovers, Hyundai Motor
Company will be in an ideal position to
take advantage of its domestic market
strength and effectively compete in the
world market place.
HISTORY
1967
Hyundai Motor Company established
1968
Licensing agreement signed with Ford
1974
Pony, Korea's first independently designed and
manufactured model unveiled at the 55th Turin Motor
Show
1976
First Pony exported to Guatemala and El Salvador
1980
Granada introduced
Mark V introduced
1981
Technical tie-up with Mitsubishi announced
1982
Pony 2 introduced
1983
Exports begin to Canada
Stellar introduced
1984
Ulsan Proving Ground completed
Cumulative production of Pony reaches 500,000
units
1985
Excel launched
Hyundai Motor America (HMA) established
1986
Excel exports to USA
Grandeur luxury car launched
Export shipping port completed
1988
Excel, best selling imported sub compact in USA for
three consecutive years
Mid-sized sedan Sonata launched
1989
V6 engine plant opened
1990
Sports car Scoupe introduced
The 3rd passenger car plant at Ulsan completed
Elantra launched
1991
Korea’s first proprietary engine, Alpha, introduced
1992
New Grandeur luxury car launched
1993
Sonata II launched
Started assembly and production of Excel in
Thailand
1994
Accent subcompact launched
Hydrogen-fuel vehicle developed
Started assembly and production of Excel in
Zimbabwe
1995
HCD-III concept car unveiled at the Detroit Motor
Show
Continuously Variable Transmission developed
Marcia semi-luxury car launched
High power, low fuel consumption Beta engine
developed
Avante launched
First Korean automotive design contest held
Opened new commercial vehicle Engineering &
Research Center in Chonju
1996
AVCS (Automotive Voice Control System) developed
Tiburon sports coupe introduced
Dynasty, full-size luxury car unveiled
Namyang R&D Center completed
Cumulative exports surpass 4 million units,
cumulative production surpasses 10 million units
1997
Dynasty limousine launched
New H-1 van / minibus launched
The 2nd Korean Automotive design contest held
HMC auto plant in Turkey completed
Atos multi-functional small car unveiled
New Hyundai Super Truck launched
New Accent Lean Burn Model launched
1998
Aluminum block V-6 Delta engine developed
Hyundai heavy trucks enter US market
Saudi Prince Alwaleed invests US $50 million
EF Sonata launched
Raised US $300 million through issue of Asset
Backed Securities(ABS)
All-new Avante Lean Burn launched
2nd solar car Hyundai Sola-II developed
European concept car Euro-I developed
Logistic Center in Belgium opens for business
Near-luxury Grandeur XG launched
Grand opening for Chennai Plant in India
Hyundai acquires Kia Motors
1999
Full-size luxury sedan Equus launched
Named as an offical sponsor for the 2002 FIFA
World Cup.
Aero acoustic wind tunnel completed
Raised US $500 million through issue of Depositary
Receipt.
Trajet XG mini van launched
2000
Chairman Chung Mong-Koo inaugurated as
Chairman of the 2010 World Expo Bidding
Committee
Established a 300,000 units per annum passenger
car plant in China
The HCD-V concept car unveiled at the Chicago
International Motor Show
Introduced Korea’s first diesel engine for passenger
car application
Established Asia’s first cyber car exhibition center
Avante XD launched
Signed contract with International Fuel Cells to
develop fuel cell technology for an electric vehicle.
Participated in the California Fuel Cell Partnership
Santa Fe SUV launched
Established strategic alliance with DaimlerChrysler
Formed Korea’s first business group specializing in
automobiles
Developed PowerTech, Korea’s first heavy duty truck
engine
Partnership with Capstone Turbine Corp. to develop
a hybrid car
Chairman Chung awarded Automotive Hall of
Fame’s DSC
Korea’s first fuel cell electric vehicle developed
Hyundai and Kia relocated to new joint HQ in
Yangjae-dong, Seoul
13
Hyundai Motor Company • 2000 Annual Report