Hyundai's accumulated production hits 100 mn unit milestone

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Its most-sold model is Avante (15.37 million units) as of August this year, followed the Accent subcompact car (10.25 million units) and the Sonata midsize sedan (9.48 million units), the Tucson compact SUV (9.36 million units) and the Santa Fe midsize SUV (5.95 million units) In 1975, it began the mass production of its first independent model, the Pony sedan.

In 2023, Hyundai Motor and its sibling Kia Corp., South Korea’s two largest automakers, became the country’s highest earners, buoyed by robust sales of pricey cars under the Genesis brand, sport utility vehicles and eco-friendly cars.

In 1968, one year after its foundation, the largest carmaker in South Korea assembled its first vehicle model Cortina in cooperation with Ford Motor Co.in the Ulsan plant, its main manufacturing base.

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Category: Economy

Markets: South KoreaBrazilCzech RepublicGeorgiaIndiaIndonesiaTurkey

Topics: Production South Became Motor Sedan Vehicle Model Million First Units) Korea

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Article Type: News Report

Published On: 2024-09-30 @ 11:24:21 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 382 words

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Sentences: 22 lines

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News ID: 22781475

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