Hyundai background and Hyundai deals news

Hyundai Motor Company, a division of the Hyundai Kia Automotive Group, is the world’s fifth largest automaker in terms of units sold per year and one of the Big Asian Four, with Toyota, Honda and Nissan. It is headquartered in Seoul, South Korea. Chung Ju-Yung founded the Hyundai Engineering and Construction Company in 1947, which became Hyundai Motor Company in 1967. The company’s first model, Cortina, was released in association with Ford Motor Company in 1968. In 1975, the Pony was the first Korean car. Hyundai acquired rival Kia Motors in 1998 after a shake-up in the Korean auto industry caused by overambitious expansion and the Asian financial crisis. In 2000, it established a strategic alliance with DaimlerChrysler and severed its partnership with the Hyundai Group. In 2001, the Daimler-Hyundai Truck Corporation was formed.

In 2004, however, DaimlerChrysler divested its interest in the company. Hyundai's parent company, Hyundai Motor Group, invested heavily in the quality, design, manufacturing, and long-term research of its vehicles. The company has invested in manufacturing plants in North America, China, Pakistan, India, and Turkey besides research and development centers in Europe, North America, and Japan. Hyundai motor vehicles are sold in over 160 countries and 4,000 dealerships.

Hyundai sold 160,460 cars in the UK last year, meaning it’s the country’s 11th best-selling manufacturer. Their most popular model is the i10, with over 24,866 cars registered on UK roads. The SE trim has been chosen by lots of Hyundai i10 buyers in 2016.

Hyundai Blue Drive models feature stop-start technology, low rolling resistance tires, and an ‘Alternator Management System’ that only charges the battery under low loads when the engine has power to spare. Furthermore, all Blue Drive models are assembled in ISO 14001 certified plants. Although Hyundai currently has a hybrid vehicle on the market, the company is heavily involved in hydrogen fell cell technology.