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Hyundai Excel (X3)
The Hyundai Excel (), also known as the Hyundai Pony, Hyundai Pony Excel, Hyundai Presto, Mitsubishi Precis, Hyundai X2 and Hyundai XL, is an automobile which was produced by Hyundai Motor Company from 1985 to 1999. It was the first front-wheel drive car produced by the South Korean manufacturer. The Excel range replaced the rear-wheel-drive Hyundai Pony. Background The Excel was based on the second generation of the Mitsubishi Mirage, but it received its own sheet metal design by Giorgetto Giugiaro. The Excel was available in three- or five-door hatchback and four-door sedan models. The Excel was the first Hyundai car to be exported to the United States. The Excel was available with either a manual or automatic transmission mated to a four-cylinder engine aspirated by a carburetor or fuel injection system, depending on market and model year. Originally, the Excel was supposed to be replaced by the Elantra in 1990, but it ended up being sold for four more years until bein ...
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Hyundai Motor Company
Hyundai Motor Company, often abbreviated to Hyundai Motors ( ) and commonly known as Hyundai (, ; ), is a South Korean multinational automotive manufacturer headquartered in Seoul, South Korea, and founded in 1967. Currently, the company owns 33.88 percent of Kia Corporation, and also fully owns two marques including its luxury cars subsidiary, Genesis Motor, and an electric vehicle sub-brand, Ioniq. Those three brands altogether comprise the Hyundai Motor Group. Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea which has an annual production capacity of 1.6 million units. The company employs about 75,000 people worldwide. Hyundai vehicles are sold in 193 countries through 5,000 dealerships and showrooms. History Chung Ju-Yung (1915–2001) founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967, and the company's first model, the Cortina, was re ...
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Coupé
A coupe or coupé (, ) is a passenger car with a sloping or truncated rear roofline and two doors. The term ''coupé'' was first applied to horse-drawn carriages for two passengers without rear-facing seats. It comes from the French past participle of ''couper'', "cut". __TOC__ Etymology and pronunciation () is based on the past participle of the French verb ("to cut") and thus indicates a car which has been "cut" or made shorter than standard. It was first applied to horse-drawn carriages for two passengers without rear-facing seats. These or ("clipped carriages") were eventually clipped to .. There are two common pronunciations in English: * () – the anglicized version of the French pronunciation of ''coupé''. * () – as a spelling pronunciation when the word is written without an accent. This is the usual pronunciation and spelling in the United States, with the pronunciation entering American vernacular no later than 1936 and featuring in the Beach Boys' ...
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Mitsubishi Orion Engine
The is a group of autonomous Japanese multinational companies in a variety of industries. Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 to 1946. The company was disbanded during the occupation of Japan following World War II. The former constituents of the company continue to share the Mitsubishi brand and trademark. Although the group of companies participate in limited business cooperation, most famously through monthly "Friday Conference" executive meetings, they are formally independent and are not under common control. The four main companies in the group are MUFG Bank (the largest bank in Japan), Mitsubishi Corporation (a general trading company), Mitsubishi Electric and Mitsubishi Heavy Industries (both diversified manufacturing companies). History The Mitsubishi company was established as a shipping firm by Iwasaki Yatarō (1834–1885) in 1870 under the ...
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Italdesign
Italdesign Giugiaro S.p.A. is a design and engineering company and brand based in Moncalieri, Italy, that traces its roots to the 1968 foundation of Studi Italiani Realizzazione Prototipi S.p.A. by Giorgetto Giugiaro and Aldo Mantovani. Best known for its automobile design work, Italdesign also offers product design, project management, styling, packaging, engineering, modeling, prototyping and testing services to manufacturers worldwide. As of 2010, Italdesign employs 800 people. On August 9, 2010, Volkswagen Group subsidiary Audi's subsidiary Lamborghini acquired 90.1% of the shares of Italdesign Giugiaro S.p.A., including the brand name rights and patents. The remaining shares were sold to Audi on 28 June 2015, with Giorgetto Giugiaro resigning from the firm at the same time. History Foundation Giorgetto Giugiaro and Aldo Mantovani founded Studi Italiani Realizzazione Prototipi S.p.A., the company that would eventually become Italdesign, on February 13, 1968, in Moncalieri, ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and sharing a land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and adjacent islands. It has a population of 51.75 million, of which roughly half live in the Seoul Capital Area, the fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Silla and Balhae in the late 7th century, Korea was ruled by the Goryeo dynasty (918–1392) and the Joseon dynasty (1392–1897). The succeeding Korean Empire (1897–1910) was an ...
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Ulsan
Ulsan (), officially the Ulsan Metropolitan City is South Korea's seventh-largest metropolitan city and the eighth-largest city overall, with a population of over 1.1 million inhabitants. It is located in the south-east of the country, neighboring Busan to the south and facing Gyeongju to the north. Ulsan is the industrial powerhouse of South Korea, forming the heart of the Ulsan Industrial District. It has the world's largest automobile assembly plant, operated by the Hyundai Motor Company; the world's largest shipyard, operated by Hyundai Heavy Industries; and the world's third largest oil refinery, owned by SK Energy. In 2020, Ulsan had a GDP per capita of $65,352, the highest of any region in South Korea. Administrative divisions Ulsan is divided into four '' gu'' (districts) and one '' gun'' (county): *Buk District () * Dong District () * Jung District () * Nam District () * Ulju County () History Stone tools found at the Mugeo-dong Ok-hyeon archaeological site indic ...
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Normal, Illinois
Normal is a town in McLean County, Illinois, United States. As of the 2020 census, the town's population was 52,736. Normal is the smaller of two principal municipalities of the Bloomington–Normal metropolitan area, and Illinois' seventh most populous community outside the Chicago metropolitan area. As of 2022, Chris Koos has been Normal's mayor since 2003. The main campus of Illinois' oldest public university, Illinois State University, a fully accredited four-year institution, is in Normal, as is Heartland Community College, a fully accredited two-year institution. There was also a satellite campus of Lincoln College, which offered associate degrees as well as four-year programs. History The town was laid out with the name North Bloomington on June 7, 1854 by Joseph Parkinson. From its founding, it was generally recognized that Jesse W. Fell was the force behind the creation of the town. He had arranged for the new railroad, which would soon become the Chicago and Alto ...
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Dodge Colt
The Dodge Colt is a subcompact car that was manufactured by Mitsubishi Motors and marketed by Dodge for model years 1971 to 1994 as captive imports. Rebadged variants include the Plymouth Champ and Plymouth Colt, both were marketed by Plymouth. The Colt was initially a rebadged variant of the rear-wheel drive Galant and Lancer families before shifting to the smaller front-wheel drive Mitsubishi Mirage subcompacts in 1979. First generation (1971-1973) Introduced in 1970 as model year 1971, the first generation Dodge Colt was a federalized first-generation Mitsubishi Colt Galant. Available as a 2-door pillared coupe, 2-door hardtop coupe, 4-door sedan, and 5-door wagon, the Colt had a 4-cylinder engine. The unibody layout was traditional, front engine and rear-wheel drive with MacPherson struts in front and a live rear axle. Standard transmission was a 4-speed manual, with a 3-speed automatic being an option. The engine was initially rated for , but dropped to in 1972 ...
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Voluntary Export Restraint
A voluntary export restraint (VER) or voluntary export restriction is a measure by which the government or an industry in the importing country arranges with the government or the competing industry in the exporting country for a restriction on the volume of the latter's exports of one or more products. By this definition, the term VER is a generic reference for all bilaterally agreed measures to restrain exports. They are sometimes referred to as 'Export Visas'. The restraint could be a preset limit, a reduction in the exported amount, or a complete restriction. Typically VERs arise when industries seek protection from competing imports from particular countries. VERs are then offered by the exporting country to appease the importing country and deter it from imposing explicit (and less flexible) trade barriers. The implementation of VERs was prohibited in 1994 under modifications to the General Agreement on Tariffs and Trade (Article 11). Overview Voluntary export restrictio ...
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Rebadging
In the automotive industry, rebadging is a form of market segmentation used by automobile manufacturers around the world. To allow for product differentiation without designing or engineering a new model or brand (at high cost or risk), a manufacturer creates a distinct automobile by applying a new "badge" or trademark (brand, logo, or manufacturer's name/make/marque) to an existing product line. Rebadging is also known as '' rebranding'' and ''badge engineering''; the latter is an intentionally ironic misnomer, in that little or no actual engineering takes place. The term originated with the practice of replacing an automobile's emblems to create an ostensibly new model sold by a different maker. Changes may be confined to swapping badges and emblems, or may encompass minor styling differences, as with cosmetic changes to headlights, taillights, front and rear fascias and outer body skins. More extreme examples involve differing engines and drivetrains. The objective is "t ...
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Mitsubishi Motors
is a Japanese multinational automobile manufacturer headquartered in Minato, Tokyo, Japan.Corporate Profile
, Mitsubishi Motors website, 19 June 2008
In 2011, Mitsubishi Motors was the sixth-largest Japanese and the 19th-largest worldwide by production. Since October 2016, Mitsubishi has been one-third (34%) owned by Nissan, thus a part of the Renault–Nissan–Mitsubishi Alliance. Besides being part of the Renault–Nissan–Mitsubishi A ...
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