Where Does the Hyundai Name Come From?
Oftentimes, large automobile manufacturers like to credit their company names to their founder, or someone influential in helping build up the company. However, that’s not the case for Hyundai. So when it comes to the South Korean manufacturer, where does the Hyundai name come from?
The name “Hyundai” comes from the Korean word 現代 (hyeondae) which translates in English to “modernity” or “contemporary.” This name has accurately represented the company, as they are continuously introducing new and innovative vehicles and technologies.
Hyundai founder Chung Ju-Yung was a Korean businessman who, after bouncing around different careers, moved to Seoul, South Korea, and originally founded the Hyundai Engineering and Construction Company back in 1947. It wasn’t until 1967 that the Hyundai Motor Company was founded by Ju-Yung. The first car that the newly founded Hyundai Motor Company worked on was a collaboration effort with the already booming Ford Motor Company on the Ford Cortina in 1968.
Since then, the company continued to grow more and more. In 1986, Hyundai expanded their global sales when they began to sell cars in the United States. Today, Hyundai is currently working on releasing their anticipated 2018 Elantra GT and 2018 Sonata models to consumers.
Now that you know where the “Hyundai” name comes from, you can learn more fun facts about the Hyundai Motor Company by following our blog. If you had any questions about the upcoming Elantra GT or Sonata, feel free to contact us at Apple Valley Hyundai.