Hyundai 2014 Annual Report Download - page 26

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Hyundai Motor has created a
global success story as leading
Korean automaker.
Milestones of
Hyundai Motor
1967 ~ 1990
1967
ㆍ Incorporation of
Hyundai Motor
1968
ㆍ Completion of
Ulsan assembly plant
ㆍ Mass production of
Cortina begins
1976
ㆍ Launch of Hyundai Pony,
the first Korean passenger car
ㆍ First export of
Hyundai Pony to Ecuador
1983
ㆍ Incorporation of
the Canadian subsidiary HMC
1985
ㆍ Launch of Pony Excel
ㆍ Incorporation of
the US subsidiary HMA
ㆍ Launch of
1st generation Sonata
1986
ㆍ Exports of Excel to
the US begin
ㆍ Launch of Grandeur (Azera),
Hyundai Motor’s large-sized
luxury car
1987
ㆍ Excel is the best selling
imported compact car in the
US for 3 consecutive years
1988
ㆍ Launch of Sonata,
Hyundai Motor’s mid-sized
luxury sedan
1989
ㆍ Overseas exports of
Excel surpass 1 million units
1990
ㆍ Launch of Elantra and Scoupe
1991 ~ 1999
1991
ㆍ Developed Alpha engine,
the first engine created in Korea
ㆍ Launch of Galloper
ㆍ Developed Sonata EV
1992
ㆍ Unveiling of HCD-I,
Korea’s first concept car
ㆍ Cumulative production
surpasses 5 million units
1993
ㆍ Launch of Sonata II
1994
ㆍLaunch of Accent
ㆍ Annual production surpasses
1 million units
1995
ㆍ Launch of Avante (Elantra)
ㆍ Completion of
Jeonju commercial vehicle
manufacturing plant
ㆍ
Hyundai Motor Europe Technical
Center
(HMETC) opens
1996
ㆍ Inauguration of the Namyang
Technology Research Center
ㆍ Cumulative production
surpasses 10 million units
1997
ㆍ Independently developed
Epsilon engine
ㆍ Established the Turkey plant /
Asan plant
1998
ㆍ Independently developed
world-class, high performance
V6 Delta engine
ㆍ Launch of Grandeur (Azera)
and Sonata
ㆍ Established India plant
ㆍ Acquisition of Kia Motors
1999
ㆍ Launch of Equss (Centennial :
Hyundai Motor’s ultra large-sized
sedan), Verna, and Trajet XG
ㆍ Developed Korea’s first
automotive fuel cell battery
MILESTONES OF HYUNDAI MOTOR 50 / 51
HYUNDAI MOTOR COMPANY Annual Report 2014