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Hyundai Motor Company Annual Report 2006Open Road
43
HMC continues to lead the Korean auto industry in every segment. They have a 50% market share indicating
their strong understanding of customer demands and needs in every vehicle segment. This knowledge and
market dominance is best exemplified by the Hyundai Sonata which has been Korea’s number one seller for
the past 8 years.
2006 was another strong year for the brand, growing sales figures under increasingly difficult market
conditions. Sales growth of 1.8% represents a huge achievement considering the myriad factors working
against world auto makers in 2006.
2006
North America ........... 289,176
Europe ........................ 360,539
South America ........... 107,161
Middle East / Africa ... 177,416
Asia / Pacific ................ 96,482
Domestic .................... 580,288
Domestic Sales &
Export by Region (units)
• PRODUCTION
Domestic production is the heartland of HMC manufacturing with
a triumvirate of construction plants driving Korea’s domestic and
export automobile markets. The Ulsan plant produces Accent,
Getz, Santa Fe, Centennial, Tucson, Elantra, Coupe, H-1Truck, H-
100 Truck models for local and international markets and has an
annual production capacity of 1,620,000.
In Asan 300,000 units roll out each year. The plant produces
exclusively Sonata and Azera (Granduer) models. Our plant in
Jeonju produces medium and large size buses, trucks and
commercial vehicles up to 125,000 units per year.
• RESEARCH & DEVELOPMENT
The melting pot of all HMC research and development is naturally
situated in the home of our operations. The Hyundai & Kia
Corporate R&D Division, located in Namyang, Korea is the Korean
headquarters for all our research and development activities. In
partnership with the Mabuk Environmental Technology Center,
these centers operate to ensure HMC remains at the cutting edge
of future motoring technologies.
Our Namyang center is equipped with total pre-design and design
facilities, from prototyping and full-scale aerodynamic testing to
crash and safety testing. Final drive test are conducted along a
70km test track designed to test all vehicles on varying road
conditions.
At Mabuk all technologies related to environmental preservation
and protection in our industry are researched and delivered. All
phases of vehicle manufacture, operation, end-of-life recycling
and disposal are studied to ensure all Hyundai vehicles are fitted
with the brightest and cleanest environmental technologies in the
motoring industry.
Hyundai-Kia Corporate R&D Division
The Hyundai-Kia Corporate R&D Division in Namyang is the backbone of the company. Equipped
with cutting-edge facilities, The Hyundai-Kia Corporate R&D Division encompasses the whole
design process from pre-design studies, prototyping and full-scale aerodynamic testing to
crash testing and final test driving. The center serves as the hub of our global R&D network and
consolidates our research efforts around the world.