HYUNDAI IN AUSTRALIA
Hyundai is the Korean word for modern era or modernity. Hyundai vehicles are fast becoming Australia’s best-selling brand. Chung Ju-yung founded Hyundai in 1967 and in 1986 made it’s debut in Australia with the Excel. The Excel was hugely popular, but with a few problems, it harmed the Hyundai name in Australia for years to come. However in the 1990’s the third generation’s much improved Excel helped repair the Hyundai brand and from there it has grown.
In 1991 Hyundai took controlling interest in Kia, holding 51% of the shares out bidding Daewoo.
Australia supplies more than half of the iron ore that Hyundai requires to build their vehicles and Australia is also the source for about half the brown coal that they require to blast the furnaces involved in the metal production process.
Some Hyundai cars in Australia
Some Hyundai SUV & people movers
- Santa Fe
The current Hyundai range comprises of 11 models offered to consumers in Australia, ranging from the city-sized vehicles up to its seven-seat SUV and some commercial offerings.
For more information, check out the following links
Hope you found this helpful
The team at BBT Japparts