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CORPORATE HISTORY
HISTORY
1967
•
Founding of the Hyundai Motor Company
1968
•
Mass production of Cortina
1976
•
Launch of Korea’s first automobile Pony
•
Export of 6 Ponys to Ecuador
1983
•
Establishment of Hyundai Motor Canada, Inc.
1984
•
Launch of Excel
1985
•
Establishment of Hyundai Motor America, Inc.
1986
•
Launch of the luxury sedan Azera(Grandeur)
•
First-time export to the US with Excel
1987
•
Excel named best-selling import subcompact in the US for
third consecutive year
1988
•
Launch of the mid-size sedan Sonata
1989
•
Excel exceeds 1 million units in total exports
1990
•
Launch of Elantra
•
Launch of Scoupe
1991
•
Development of electric vehicles
•
Launch of Galloper
•
Launch of Korea’s first independently developed gas
engine Alpha
1992
•
Development of Korea’s first concept car HCD-I
1993
•
Launch of Sonata II
•
Development of the concept car HCD-II
1994
•
Hyundai Motor exceeds 1 million units in annual productions
•
Development of solar and hydrogen powered fuel cell electric
vehicles
•
Launch of Accent
1995
•
Launch of Avante (Elantra)
•
Development of the concept car HCD-III
1996
•
Hyundai Motor exceeds 10 million units in total production
•
Completion of the Namyang Research & Development Center
•
Launch of Dynasty and Tiburon (Hyundai Coupe)
1997
•
Completion of the plant in Turkey
•
Launch of Atoz
•
Development of the Epsilon engine
2003
•
Annual exports surpass 1 million units Hyundai Motor
honored USD 10 Billion Export Tower Award
•
Launch of Sonata manufactured in China
•
Hyundai Motor India surpasses 500,000 units in production
•
Opening of the European Engineering Center
•
Hyundai Motor becomes the first company to rank first in
the Korean Industries Customer Satisfaction survey 10 years
in a row
•
Hyundai Motor, first automaker to formally announce the
implementation of global environmental management
•
Hyundai Motor India launches new Santro
•
Avante (Elantra) exceeds 2 million units in production
•
Sonata exceeds 2.5 million units in production
•
Completion of the design center and commencement of
proving ground in North America
•
Development of the world’s first ultra high-pressure hydrogen
tank system for fuel cell electric vehicles
2004
•
Unveiling of the next-generation SUV Tucson
•
Hyundai Motor’s three biggest overseas manufacturing plants
in India, China, and Turkey set new monthly production records
•
Official Partner of UEFA EURO 2004
•
Hyundai Motor exceeds 10 million units in exports and sets
new record in Korean history
•
Establishment of a joint venture commercial vehicle production
facility in China
•
Development of second-generation Tucson fuel cell electric
vehicle
•
Hyundai Motor India sets new sales records
•
Chairman Mong-Koo Chung named among best CEOs of 2004
by BusinessWeek
2005
•
Getz (Click) named 2005 Car of the Year in India
•
Completion of the proving ground and Hyundai America
Technology Research Institute in US
•
Unveiling of the new Grandeur (Azera) and HED-1 at the
Geneva Motor Show
•
Hyundai Motor becomes an Official Partner of FIFA from
2007 to 2014
•
Exports to Africa and Middle East exceed 1 million units
•
Completion of Hyundai Motor Manufacturing Alabama
•
Chairman Chung named Top Automotive CEO in Asia by
Automotive
•
Hyundai Motor enters the Top 100 Global Brands list
•
Completion of the eco-friendly Auto Recycling Center
•
Sonata selected as 2005 Car of the Year by the Automobile
Journalists Association of Canada
•
Fleet testing of the Tucson fuel cell electric vehicle in US
2006
•
Hyundai Motor Company exceeds 100 trillion won in sales
in 2006
•
Hyundai Motor Group selected as Best Brand by Chinese
automotive industry
•
Groundbreaking for second plant in China
•
Hyundai Motor ranks highest among non-premium nameplates
in J.D. Power and Associates’ Initial Quality Study
•
Hyundai-Kia Automotive Group becomes world’s sixth
largest automaker
•
Accumulated exports to Central and South Americas
exceed 1 million units
•
Development of world-class V6 diesel engine S-engine
•
Unveiling of the concept car Hellion, Arnejs, Genus, Talus
•
Official Partner of the 2006 FIFA World Cup Games
•
Hyundai Motor included in the Top 100 Global Brands list
for second year in a row
2007
•
Accent (Verna) selected as Best Car of the Year by the Indian
automobile magazine Overdrive
•
Unveiling of the concept car HED-IV (QarmaQ) and
HND-III (Veloster)
•
Completion of the CKD Plant in Brazil
•
Groundbreaking for the Czech Europe Plant
•
Azera (Grandeur) ranks first in J.D. Power and Associates’
consumer satisfaction survey for second year in a row
•
Accumulated sales in US exceed 5 million units
•
Unveiling of the third-generation fuel cell concept car i-Blue
at the Frankfurt Auto Show
•
Hyundai Motor Company celebrates 40th anniversary
•
Hyundai Motor India launches next-generation small car i10
•
i30 selected as Car of the Year in Australia
•
Opening of the Global CSR Website in Korea
•
Hyundai Motor Company receives National Environmental
Management Awards President’s Prize
2008
•
Launch of Genesis, Genesis Coupe, i30cw
•
Beijing Hyundai Motor Company sets record for exceeding
1 million units in accumulated sales in shortest period
•
Premiere of the eco-friendly concept car i-mode at the Geneva
Motor Show
•
Hyundai Motor India sets record by exceeding 500,000 units
in exports
•
Completion of the second plant in Beijing with an annual
capacity of 300,000 units
•
Groundbreaking for the plant in Russia which will serve as
foothold for the East European market
•
Ranked first in National Customer Service Index (NCSI) for
eighth year in a row
•
Creation of Happy Move Global Young Volunteers
•
Avante (Elantra) exceeds 5 million units in accumulated sales
•
Premiere of the strategic model geared for the European
market i20, launch in India
•
Development of the next-generation eco-friendly passenger
car diesel engine R-engine
•
Official sponsor of figure skater and national sports hero
Yuna Kim
•
Launch of Ling Xiang in China, the NF Sonata model
specially designed for the Chinese market
•
TAU engine selected as a winner of 2009 10 Best Engines
•
Hyundai Motor receives Global Green Management
Excellence Award, Global Reporting Initiative Award
2009
•
Participated as a main sponsor for the US Super Bowl
•
HED-VI (ix-onic), the three-door i20 concept car, revealed for
the first time at the Geneva Motor Show
•
Genesis awarded Car of the Year in North America
•
Selected as Best Company in terms of customer satisfaction
in the automaker category by a consumer research group
in China
•
Sponsored 2009 FIFA Confederations Cup
•
Exceeded an accumulated export sales of 1 million cars
in Africa
•
Ranked 1st in New Vehicle Launch Index (VLI); Elantra ranked
1st in the compact car category; Genesis ranked 1st in the
new car category by J.D. Power
•
Launch of Elantra LPi Hybrid in Korea, the world’s first LPi
hybrid car
•
ix-Metro and ix35 revealed for the first time at the Frankfurt
Motor Show
•
Ranked Top 60 in Global Brand Value by Business Week
•
Construction of production plant in the Czech Republic with
an annual capacity of 300,000 units
•
Santa Fe exceeds 2 million units in global sales
•
Selected as Best Marketer of the Year in the US
•
High-performance Theta GDi engine developed with
proprietary technology revealed for the first time
•
i30 and Grand Starex awarded as Best Cars in Australia for
the second consecutive year
•
TAU engine selected as winner of US Ward’s AutoWorld 2009
10 Best Engines for the second consecutive year; received
Presidential Prize at the 2009 Korea New Technologies Award
1998
•
Acquisition of Kia Motors
•
Completion of the plant in India
•
Launch of Grandeur XG, EF Sonata
•
Development of the second-generation solar vehicle
•
Development of the European concept car Euro-I
•
Development of the lightweight, high-performance V6 Delta
engine
1999
•
Launch of the full-size luxury sedan Equus (Centennial),
Verna (Accent), Trajet XG
•
Development of Korea’s first fuel cell for automobiles
2000
•
Development of Korea’s first passenger car diesel engine and
heavy-duty truck engine
•
Development of Korea’s first fuel cell electric vehicle
•
Launch of Santa Fe, Avante XD
•
Inauguration of Korea’s first automobile business group
•
Official Partner of the 2000 European Football Championship
(UEFA Euro 2000)
2001
•
Launch of Tuscani (Hyundai Coupe), Terracan, Lavita (Matrix)
•
India plant exceeds 200,000 units in accumulated production
•
Santa Fe ranks first in US consumer satisfaction survey
•
Hyundai Motor America receives J.D. Power and Associates
Chairman Award
•
Unveiling of Korea’s first Santa Fe fuel cell electric vehicle
prototype
•
Unveiling of the concept car HCD-VI
•
Hyundai Motor surpasses 1 million units in sales in domestic
1-ton truck (porter) market
2002
•
Launch of Elantra manufactured in China
•
Sonata ranked first by J.D. Power and Associates in
performance, driving experience, and design research
•
Official Partner of the 2002 FIFA World Cup Games
•
Launch of joint venture with Beijing Automotive Industry
Holding Company in China
•
Hyundai Motor India becomes second largest automaker
in India
•
Groundbreaking for new European headquarters
•
Completion of the California Design & Technical Center
1967~1997 1998~2002 2003~2004 2005~2006 2007~2008 2009
Hyundai writes automobile history in Korea.
Each and every step we take brings us closer to
becoming the world’s best and most renowned
automaker.
Striving for the Best
in Each Step
HYUNDAI MOTOR COMPANY I 2009 ANNUAL REPORT I 27HYUNDAI MOTOR COMPANY I 2009 ANNUAL REPORT I 26
INTRO I FINANCIAL HIGHLIGHTS I MESSAGE FROM THE CEO I TO TRUTH I TO POWER I HYUNDAI WITH THE WORLD I TO FUTURE I HYUNDAI WITH HONESTY I SUPPLEMENT I FROM HYUNDAI