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In 2009, Hyundai announced the five-door hatchback variant of the Elantra compact sedan will carry the name Elantra Touring when it goes on sale in the spring as a 2009 model. [17] In 2009, the Hyundai Genesis luxury sedan was named 2009 North American Car of the Year, the first for Hyundai. [18]
1982 Hyundai Pony. Chung Ju-yung (1915–2001) founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967, and the company's first model, the Cortina, was released in cooperation with Ford Motor Company in 1968.
Discussions between Hyundai and government officials began in January 2022. [2] Hyundai announced the $7.6 billion factory in April 2022, [5] and construction on the 2,284-acre (924 ha) site began that October. [4] [6] It is the largest economic project in Georgia history. [7]
1940: McDonald's. When McDonald's was founded depends on who you ask. The company itself claims 1955, when Ray Kroc established McDonald's System, Inc., and turned it into today's fast-food giant ...
The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% [5] of Kia Motors.. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025.
In November 2008, Hyundai opened the European plant in Nošovice, Czech Republic, following an investment of over 1 billion euros and over two years of construction. [ 28 ] [ 29 ] The plant, which mainly manufactures the i30 and Tucson for the European market, has an annual capacity of 300,000 cars. [ 30 ]
Hyundai Motor has kicked off construction on a 2 trillion won ... Hyundai plans to make 200,000 EVs a year at new plant in South Korea. Diksha Madhok, CNN. November 13, 2023 at 5:01 AM.
CHICAGO — The City of Chicago is suing Hyundai and Kia, alleging the South Korean automakers failed to include “industry-standard” engine immobilizers in many models between 2011 and 2022 ...