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Beijing Hyundai
Beijing Hyundai Motor Co., Ltd. is an automobile manufacturing company headquartered in Shunyi, Beijing, China, and a joint-venture between BAIC Motor and Hyundai Motor Company. Established in 2002, it manufactures in Shunyi District, a satellite city of Beijing, producing Hyundai-branded automobiles for the Chinese market. In 2016, the company was reported as selling nearly 1.8 million vehicles. History In May 2002, Hyundai Motor and the Beijing Automotive Group signed a memorandum of understanding with the aim of creating a joint venture based around an existing Beijing factory. Hyundai begun to improve the plant's installations, and on 18 October 2002 an equally owned joint venture between the two companies was established. While it was not the first arrangement between a foreign and a domestic automaker, Beijing Hyundai was the first to be approved by the Chinese government after its entry into the World Trade Organization. The joint venture initially expanded its producti ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Hyundai Lafesta
The Hyundai Lafesta () is compact sedan manufactured by Hyundai through its Beijing Hyundai joint venture in China since 2018. It sits between the Hyundai Elantra and Hyundai Sonata in Hyundai's Chinese vehicle lineup. Overview The Hyundai Lafesta was first revealed at the 2018 Beijing Auto Show and was launched in the Chinese market in October 2018 with prices ranging from 119,800 to 145,800 yuan. File:Hyundai Lafesta 010.jpg, Rear view Lafesta EV A battery-electric version "Lafesta EV" was announced to be available in China starting in December 2019. It is promised with NEDC range of electric motor, top speed. It is slightly longer due to a new front with a more streamlined nose and slightly higher due to the necessary space for the battery. The battery cells are to be provided by CATL Contemporary Amperex Technology Co. Limited (), abbreviated as CATL, is a Chinese battery manufacturer and technology company founded in 2011 that specializes in the manufacturing of ...
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Hyundai Equus
The Hyundai Equus () is a full-size, front-engine, rear-drive, four-door, five passenger luxury sedan manufactured and marketed by Hyundai from 1999 to 2016. The name ''" equus"'' is the Latin word for "horse". In 2009, Hyundai released the second generation with a rear-wheel drive platform and competing with the BMW 7 Series, Mercedes S-Class, Audi A8 and Lexus LS. As of August 2014, the second generation is sold in South Korea, Russia, China, United States, Canada, Central America, and South America — as well as in the Middle East under the Hyundai Centennial nameplate. On November 4, 2015, Hyundai officially announced the Genesis model would be spun off into Genesis Motor, the new luxury vehicle division for Hyundai. The 2016 successor to the Hyundai Equus has been rebranded as Genesis G90 (EQ900 in Korea until 2018). First generation (LZ/YJ; 1999) In 1999, Hyundai Motors and Mitsubishi Motors presented their full-size sedan. Hyundai said that it was making a ...
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Hyundai Tiburon
The Hyundai Tiburon ( ko, 현대 티뷰론) known in Europe as the Hyundai Coupé (현대 쿠페) is a sports coupe that was produced by the South Korean manufacturer Hyundai from 1996 to 2008. The name "Tiburon", a slight variation of "tiburón", the Spanish word for "shark", is the name given to the North American, Australian, New Zealand, South African, and Austrian production of the vehicle. It was known as the Hyundai Coupe in some European markets and Indonesia. It had been branded as the Tuscani (투스카니) and Turbulence (터뷸런스) in the home South Korean market. The model had been released in two generations (RC) over its lifespan and in that time these generations have been subject to periodic facelifts. These facelifts have attempted to keep the car up to date with various safety improvements and a mixture of changes to exterior and interior styling. The RD Tiburon was in production for 5 years from 1996 to 2001. The GK Tiburon was introduced in 2002 (as a ...
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Hyundai Grandeur
The Hyundai Grandeur ( ko, 현대 그랜저) is an executive sedan manufactured and marketed by the South Korean manufacturer Hyundai since 1986. From 1986 to 1996, the Grandeur was the flagship for Hyundai's South Korean range before the Hyundai Dynasty was introduced. The Grandeur has evolved through five generations with intermediate restylings, and is marketed under various nameplates worldwide—prominently as the Hyundai Azera. As the Azera, it was the flagship of Hyundai's US and Canadian lineup until the arrival of the Genesis sedan. After the launch of the separate Genesis brand, the Grandeur/Azera resumed its place as the company's flagship. As of the 2017 model year, the Azera is no longer marketed in the United States and Canada. The sedan continued to be available in South Korea and the Middle East. First generation (L; 1986) The first Grandeur was a rebadged Mitsubishi Debonair produced by Hyundai. Initially launched with Mitsubishi-sourced 2.0L SOHC MPI ver ...
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Genesis G70
The Genesis G70 ( ko, 제네시스 G70) is a four-door compact executive sedan manufactured by the Korean luxury automaker Genesis, which is owned by Hyundai Motor Company. The G70 debuted on September 15, 2017, at a global launch event in Seoul's Olympic Park. The G70 is Genesis Motor's third model and was designed to compete with compact executive and entry-level luxury saloons/sedans. The Genesis G70 was named the 2019 North American Car of the Year. Overview The Genesis G70 was under development for several years and was previewed by the Genesis New York Concept shown at the 2016 New York International Auto Show. The design was penned by German auto designer Peter Schreyer, who is also responsible for designing the related Kia Stinger. Development of the G70 took place at Hyundai Namyang R&D Center in Hwasung, South Korea. The exterior design shares cues from the other two Genesis models, the G80 and the G90. The grille features Genesis' corporate design, with function ...
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Genesis GV80
The Genesis GV80 ( ko, 제네시스 GV80) is a mid-size luxury crossover SUV manufactured and marketed by Genesis, Hyundai's luxury division. Overview Internally codenamed ''JX1'', the vehicle was leaked in 3D in October 2019 and officially unveiled in January 2020 as the first SUV for the Genesis brand. It is a collaborative effort between Genesis design teams in Korea, Europe, and the United States. Built on a new rear-wheel-drive architecture, the doors, hood, and tailgate are made aluminum. The GV80 is available with three powertrains, a turbocharged 2.5-liter unit with , a turbocharged 3.5-liter unit with , and a turbocharged 3.0-liter diesel with horsepower, which will only be available in select markets. It features a navigation-based smart cruise control (ASCC), remote smart parking assist, an NFC digital key, an around view monitor (AVM), 22-inch wheels, Nappa leather seating, a 14.5-inch touchscreen infotainment display with the 21-speakers Lexicon audio system, ele ...
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Genesis G80
The Genesis G80 ( ko, 제네시스 G80) is an executive sedan manufactured by South Korean luxury marque Genesis, which is owned by Hyundai Motor Company. The G80 model was previously introduced as the second-generation Hyundai Genesis model ( DH) and then rebranded as the G80 in 2016 after Genesis Motor was established as a separate luxury division of Hyundai. __TOC__ First generation (DH; 2016) The vehicle debuted as the updated version of the Hyundai Genesis at the 2016 North American International Auto Show, followed by the 2016 Busan Motor Show. South Korean models went on sale in July 2016 with US models selling in September 2016 as a 2017 model year vehicle. Powertrains available included 3.8, 3.8 HTRAC, 5.0, and 5.0 HTRAC. The Russian market release in 2017 included a 2.0-liter Theta turbocharged engine that produced , eight-speed automatic and all-wheel drive. G80 Sport The Genesis G80 Sport (2017-2020) has a twin-turbo 3.3-liter V6 engine producing , features spo ...
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Hyundai Palisade
The Hyundai Palisade ( ko, 현대 팰리세이드) is a mid-size crossover SUV manufactured by Hyundai Motor Company since late 2018. It replaces the Maxcruz (also known as Hyundai Santa Fe, Santa Fe XL outside of South Korea) as the flagship SUV under the Hyundai brand. According to Hyundai, the name Palisade "references a series of coastal cliffs", the neighborhood of Pacific Palisades, Los Angeles, Pacific Palisades in Los Angeles, Los Angeles, California is used as a reference for the naming of the car. Overview The Palisade debuted at the LA Auto Show#2018, 2018 Los Angeles Auto Show on November 28, 2018. Previously, the design of the Palisade was previewed by the Hyundai Grandmaster concept which debuted in June 2018. The Palisade is Hyundai's largest passenger vehicle to date, measuring in at long with a wheelbase of inches. It has of cargo space behind the third row and with both rows folded down. Like its predecessor, the Palisade features three rows of seating, ...
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Hyundai Reina
The Hyundai Reina () is a subcompact sedan manufactured in China by Hyundai through the Beijing Hyundai joint venture. The Reina went on sale in September 2017 in China and is the first car produced in Beijing Hyundai's Chongqing plant. Hyundai positioned the Reina slightly under the Verna in the country. Reina is a Spanish word for queen. Since 2019, the Reina is sold as the Hyundai Verna in Latin American markets such as Costa Rica, Chile and Peru. Overview The Hyundai Reina made its debut at the 2017 Chongqing Motor Show. Based on the PB platform used in the Hyundai Accent/Verna, the Reina stands on a wheelbase and has a trunk capacity of 475 liters. Powering the car is a 1.4-liter ''Kappa'' MPI I4 engine that generates and torque to the front wheels. The Reina was released in the Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas ...
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Hyundai Accent
The Hyundai Accent ( ko, 현대 엑센트), or Hyundai Verna (현대 베르나) is a subcompact car produced by Hyundai. In Australia, the first generation models carried over the Hyundai Excel name used by the Accent's predecessor. The Accent was replaced in 2000 by the Hyundai Verna in South Korea, although most international markets, including the US, retained the "Accent" name. The "Accent" name is an abbreviation of ''Advanced Compact Car of Epoch-making New Technology''. The Accent is produced for the Chinese market by Beijing Hyundai Co., a joint venture with Beijing Automotive Industry Corp. For the Russian market it was assembled by the TagAZ plant in Taganrog until 2011, and since 2011 it is assembled by the HMMR plant in Saint Petersburg and sold under the new name Hyundai Solaris. In Mexico, the Accent was marketed until 2014 by Chrysler as the Dodge Attitude, previously known as the Verna by Dodge. In Venezuela, Chrysler marketed these models as the Dodge Brisa ...
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Hyundai Tucson
The Hyundai Tucson ( ko, 현대 투싼) (pronounced Tu-són) is a compact crossover SUV (C-segment) produced by the South Korean manufacturer Hyundai since 2004. In the brand's lineup, the Tucson is positioned below the Santa Fe, and above the Kona and Creta. It is named after the city of Tucson, Arizona. The second-generation model has been marketed as the Hyundai ix35 in several markets, including Europe, Australia and China, before reverting to Tucson for the third-generation. The Tucson is the best-selling Hyundai SUV model, with more than 7 million units sold globally since it launched in 2004. Of these, 1.4 million units have been sold in Europe. First generation (JM; 2004) The first-generation Tucson was launched in 2004, after its name was announced in November 2003. Positioned as a smaller alternative to the Santa Fe, it shared its Hyundai Elantra-based platform with the second-generation Kia Sportage. Markets North America In the U.S., the Tucson was offered i ...
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