Hyundai Motor Company is a division established in 1967 under the Hyundai group of companies which was started in 1947 by Jung Ju-yung in South Korea. Interestingly, Hyundai started out as a construction company, bearing the name Hyundai Engineering and Construction Company. The word â€˜hyundaiâ€™ is Korean for â€˜modernityâ€™.
Hyundaiâ€™s line-up consists of around 20 cars, 12 SUVs and Vans, and 29 commercial vehicles. The cars include models such as the i-Series, Accent, Genesis, and Excel, while the SUVs and Vans are known for names like Entourage, Grace, Santa Fe, and Porter.
Also, the company boasts of the worldâ€™s largest integrated manufacturing facility that can alone produce 1.6 million units annually. With worldwide production and sales that reach up to around 3 million vehicles a year, it is no surprise that Hyundai is now the worldâ€™s fifth largest automaker, and has earned its place in the Big Asian Four, together with Toyota, Honda and Nissan.