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NHyundai creta
2016

Rs. 1,175,000.00

Registration Year
August / 2016
Fuel Type
Diesel
Kms Driven
33,000
Ownership
1st
Body Type
SUV
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Know More About Hyundai

A Renowned Name in Car Industry which is popular to dominate every Road, Know its story and details here at carbuzz...

Hyundai was founded as a small construction firm by Chung Ju-yung in 1947.[3] Hyundai Construction began operating outside of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam.[4]

Hyundai Motor Company was founded in 1967.[5] Hyundai Heavy Industries was founded in 1973,[6] and completed the construction of its first ships in June 1974.[7]

In 1983 Hyundai entered the semiconductor industry through the establishment of Hyundai Electronics (renamed Hynix in 2001).[8]

In 1986 a Hyundai-manufactured IBM PC-XT compatible called the Blue Chip PC was sold in discount and toy stores throughout the US. It was one of the earliest PC clones marketed toward consumers instead of business.[9]

Hyundai announced a major management restructuring in December 1995, affecting 404 executives.[10]

In April 1999 Hyundai announced a major corporate restructuring, involving a two-thirds reduction of the number of business units and a plan to break up the group into five independent business groups by 2003.[11][12]

Operations[edit]

 

The former headquarters of Hyundai in Seoul South Korea

By the mid-1990s Hyundai comprised over 60 subsidiary companies and was active in a diverse range of activities including automobile manufacturing, construction, chemicals, electronics, financial services, heavy industry and shipbuilding.[4] In the same period it had total annual revenues of around US$90 billion and over 200,000 employees.[4]

Hyundai Motor Company[edit]

Main article: Hyundai Motor Company

Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along with Kia comprises the Hyundai Kia Automotive Group. Headquartered in SeoulSouth Korea, Hyundai operates the world's largest integrated automobile manufacturing facility[2] in Ulsan, which is capable of producing 1.6 million units annually. The company employs about 75,000 people around the world. Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms worldwide. In 2012, Hyundai sold over 4.4 million vehicles worldwide. Popular models include the Sonata and Elantra mid-sized sedans.[13]

The Asan Foundation, established by Chung Ju-yung in 1977 with 50 percent of the stock of Hyundai Construction, subsidizes medical services in Korea primarily through the Asan Medical Center and six other hospitals. The foundation has sponsored conferences on Eastern ethics and funded academic research into traditional Korean culture. In 1991, it established the annual Filial Piety Award.[14]

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