Hyundai Motor's cumulative production volume exceeds 100 million units in 57 years since its establishment (Korea)

Hyundai Motor announced that its cumulative production volume over the 57 years since it entered the automotive industry in 1967 has reached 100 million units.
The company took advantage of the national reconstruction and road expansion in the 1960s to become one of the largest automakers in the United States.
In December 1967, Hyundai Motors was established in partnership with Ford. In 1968, an assembly plant was built in Ulsan to produce the Ford Cotina compact sedan.
In 1986, the total number of vehicles produced exceeded 1 million, and in 1996, the total number exceeded 10 million.
The company began full-scale production at its overseas factories in India and elsewhere, reaching a cumulative production volume of 50 million units in 2013. In 2015, it expanded its luxury brand Genesis and its own electric vehicle (EV)-only platform.
The company launched the Ioniq 5, which uses the E-GMP platform. The company's production of 100 million units was supported by continuous technological development. In 1991, the company launched its first proprietary engine, the Alcantara.
Following the development of the Fa Engine, in 1994 the company launched the Accent, in which all elements of automobile production, from the platform to the engine and transmission, were developed using domestic technology.
From 1967 to August 2024, the most sold models were the sedan "Avante" (15.37 million units), the compact sedan "Accent" (10.25 million units), and the sedan "Sonata" (9.48 million units).
Ten thousand units).