• Hyundai celebrates production of it's 100th million vehicle

  • Oct 13 2024
  • Length: 1 min
  • Podcast

Hyundai celebrates production of it's 100th million vehicle

  • Summary

  • Korean manufacturer Hyundai celebrated the production of its 100 millionth
    vehicle recently, the Hyundai IONIQ 5 rolled off the production line at the
    company’s Ulsan Plant, this facility recognised as the birthplace of the Korean
    car industry. Here in 1975 Hyundai produced its first independently developed
    model the Pony. For the record Hyundai Motor Company was founded in 1967,
    building its first car, a Ford Cortina under license, before moving on to its own
    car design a year later. I well remember the brand’s arrival in Australia under Alan
    Bond’s distribution in 1986 where it became one of our fastest growing brands
    with the cheap and cheerful small Excel hatchback. The company snapped up Kia
    in the mid-nineties – last year becoming the world’s third biggest producer
    delivering 7.1 million vehicles behind Volkswagen with 8.8 million and Toyota
    with 10.8 million. I’m David Berthon

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