<\/span><\/h2>\nA South Korean businessman, Chung Ju-Young, originated the Hyundai Motor company in 1967. Soon after originating this company, he released the first car model Cortina, the best-selling car in the United Kingdom, in the 1970s. This model came into being in collaboration with another American multi-national company, Ford Motor. However, in a few years, they decided to design their own car without any cooperation.<\/p>\n
To implement this idea, they hired UK’s best Automobile executive, George Turnbull, who started designing cars for this company by hiring 5 other best car engineers. The first South Korean car originated in 1974 with the name Pony, which<\/strong>\u00a0is considered the first car to be exported and produced in South Korea.<\/p>\nIn 1984, the company started selling cars to Canada. Similarly, it started being sold in various countries of the world. In 1996, the production plant of this company was established in India too. Today, Hyundai is named in the top 100 best cars across the globe. In terms of quality, you can’t doubt it.<\/p>\n
<\/span>Hyundai CEO<\/span><\/h2>\nChung Mong-Koo, a South Korean Billionaire, served as the CEO of this company for many years. He started his career in 1970 with Hyundai Engineering and Construction and, with time, got promoted to various levels. From 1996 to 1998, he functioned as Hyundai Group Chairman. However, in 2006 he was charged with corruption allegations by the South Korean Government, for which he was arrested. At that time, he was the head of this company.<\/p>\n
After his arrest, CEO Kim Dong-jin replaced Chung Mong and became the head. Later, Yang Seung Suk was made the CEO who announced his retirement in 2011. As a result, Chung Mong-Koo and Kim Eok-jo handled the duties of CEO.<\/p>\n