RE: Hyundai celebrates 100 million car milestone
RE: Hyundai celebrates 100 million car milestone
Monday 30th September 2024

Hyundai celebrates 100 million car milestone

Not a bad return in 57 years - and there's plenty more to come


Hyundai has produced its one hundred millionth car, celebrating the occasion by handing over the next one - the 1,000,001st - to its owner at the Ulsan factory. A day to remember for that Ioniq 5 owner. Hyundai decided on that car rather than the exact milestone as it reflects the company’s ‘commitment to pushing one step further with its past accomplishments as the foundation.’ 

To produce so many cars in just 57 years (the Hyundai Motor Company was founded at the end of 1967, the Ulsan plant opened in ‘68) is good going. But it’s a mark of just what progress Hyundai has made in recent years that half of that total has been achieved in little more than a decade: it took until 2013 for 50 million vehicles to be manufactured, and now just 11 more years for another 50 million. There are now production facilities in Turkey, India, the Czech Republic and the United States as well as the home facility in Korea that serves as a hub for the brand’s electrification strategy. 

Expect plenty more of that to come. Dong Seock Lee, President and Head of Domestic Productions, said: “Each and every employee at Hyundai Motor has contributed to the accumulation of 100 million units through their hard work and dedication. This auspicious occasion is just the first step toward the future era of electrification that Hyundai Motor will lead.” That’s in addition to robots, AI and smart factories being worked on at the Hyundai Motor Group Global Innovation Centre Singapore. The progress shows little sign of abating, basically. 

It’s nothing if not interesting to look back in the classifieds and see what progress has been made in very little time. Of course we’ll all fondly recall the old Coupe (Shed money V6s are still around), as well as the rally cars it and the Accent spawned, but they existed with Matrixes, Amicas and Trajets. It’s been quite the transformation. It was probably the ‘i’ cars that really marked the turning point for Hyundai, the i10, 20 and 30 all very competitive and desirable in their classes, then the launch of N turned brand perception on its head. Probably we’d have not covered this story were it not for the decision to launch a performance subdivision. Because of how good the i30, i20 and Ioniq 5 have been, expectations are now high when a new fast Hyundai is announced; that just wouldn’t have happened a decade ago, let alone any longer. 

Their quickly established rep has kept residuals strong, with £18k still being needed for an early i30; the facelift (which introduced the very good DCT) is typically £10k more. The i20 N is harder to come by, with its shorter production run, but it was arguably an even better hot hatch to drive; expect to pay anything from £18,500 for a higher mileage example to £25k for one of the very last from the past few months. At present, there aren’t any 5Ns on PH, though how’s this for a curveball - a Kona N? A proper wildchild, it was a welcome slice of silliness in a staid fast car world while it was on sale. Let’s hope for a few more courageous cars from Hyundai in the next 100 million.


Author
Discussion

flight147z

Original Poster:

1,382 posts

158 months

Monday 30th September 2024
quotequote all
- the 1,000,001st -

Missing a couple of zeros here!

Motormouth88

782 posts

89 months

Monday 30th September 2024
quotequote all
One hundredth million!!! Really haha, think that’s more than all the cars on the planet…ever…times a million

halo34

2,890 posts

228 months

Monday 30th September 2024
quotequote all
I have to say having picked one over an Audi - I am impressed with they way they put a car together.

swisstoni

23,954 posts

308 months

Monday 30th September 2024
quotequote all
I declare Friday a public holiday!

PSB1967

487 posts

185 months

Monday 30th September 2024
quotequote all
Motormouth88 said:
One hundredth million!!! Really haha, think that’s more than all the cars on the planet…ever…times a million
According to Statista there was 94 million motor vehicles made in 2023 alone, most of which were passenger cars.

Skaben

364 posts

170 months

Monday 30th September 2024
quotequote all
An amazing achievement considering the cars they were building just 10 years ago

BigChiefmuffinAgain

1,741 posts

127 months

Monday 30th September 2024
quotequote all
Skaben said:
An amazing achievement considering the cars they were building just 10 years ago
Agreed - they are really ahead of the curve in most areas these days. A very well run company ( at least, so it appears on the outside )

Olivergt

2,254 posts

110 months

Monday 30th September 2024
quotequote all
flight147z said:
- the 1,000,001st -

Missing a couple of zeros here!
It's not like the number they needed to write isn't in the picture either.

Super Sonic

14,262 posts

83 months

Monday 30th September 2024
quotequote all
Motormouth88 said:
One hundredth million!!! Really haha, think that’s more than all the cars on the planet…ever…times a million
You think there have only been one hundred cars on the planet...ever?

Otispunkmeyer

13,768 posts

184 months

Monday 30th September 2024
quotequote all
PSB1967 said:
Motormouth88 said:
One hundredth million!!! Really haha, think that’s more than all the cars on the planet…ever…times a million
According to Statista there was 94 million motor vehicles made in 2023 alone, most of which were passenger cars.
And if you have ever been to S Korea, you'd be forgiven for thinking they'd made all 100 million just for their own market hehe

Sheepshanks

40,990 posts

148 months

Monday 30th September 2024
quotequote all
Motormouth88 said:
One hundredth million!!! Really haha, think that’s more than all the cars on the planet…ever…times a million
confused So you think all time car production is 100 cars?

B10

1,377 posts

296 months

Monday 30th September 2024
quotequote all
"Hyundai had already ventured into car production by producing locally built versions of the Ford Cortina under licence from 1968. When the company wanted to develop their own car, they hired George Turnbull, the former managing director of Austin and Morris at British Leyland in 1974.[2] He in turn hired five other top British car engineers, Kenneth Barnett as body designer, engineers John Simpson and Edward Chapman, John Crosthwaite as chassis engineer and Peter Slater as chief development engineer.[3][4] With Turnbull's experience with the Morris Marina,[5] engines and transmissions from Mitsubishi, some parts from the Ford Cortina they were already producing, and a hatchback body styled by Italdesign Giugiaro, they developed the Hyundai Pony."

Another British export success story.

BigChiefmuffinAgain

1,741 posts

127 months

Monday 30th September 2024
quotequote all
Ironic that this news comes out on the same day as another disastrous update from Aston Martin...

Some companies are well run. Others...

Gibbler290

718 posts

124 months

Monday 30th September 2024
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As noted above by another poster, the transformation as a brand in the last twenty years (ten years ago they were already making very good cars, now they are making desirable cars) has been significant. It feels like there is more to come with their rumoured Le Mans Hypercar and their concept car coupe entering production.

I’ve been impressed by every model in the current lineup I’ve driven (Tucson, i20, Kona).

Nomme de Plum

7,050 posts

45 months

Monday 30th September 2024
quotequote all
Motormouth88 said:
One hundredth million!!! Really haha, think that’s more than all the cars on the planet…ever…times a million
Mmmm. Maybe a quick check before posting?

"Of the 1.45 billion cars currently on the world's roads, only about 80 million or seven per cent were built in the previous 12 months according to 2021 figures. – this was up about three per cent from the nine-year low of 78 million in 2020 due to the pandemic, but still well down from the 2018 peak of 97 million"


https://www.whichcar.com.au/news/how-many-cars-are...

Evolved

4,079 posts

216 months

Monday 30th September 2024
quotequote all
Motormouth88 said:
One hundredth million!!! Really haha, think that’s more than all the cars on the planet…ever…times a million
Username checks out.

jm28

51 posts

144 months

Monday 30th September 2024
quotequote all
I spent a good portion of my life living in Ulsan, I have friends that work the line in the Hyundai motors factory. It’s an incredible place to visit these days, the parking for cars waiting to board the (Hyundai shipyard manufactured) car carriers is kilometers long. Also the staff canteen is meant to be epic. Fried chicken and beers on a Friday.

Wheel Turned Out

2,368 posts

67 months

Monday 30th September 2024
quotequote all
Turns out when you put some effort and consideration in, you can make really good stuff.

A revelation for some companies I daresay.

bern

1,397 posts

249 months

Tuesday 1st October 2024
quotequote all
They've made 570 cars an hour, every hour, for the last 10 years! Wow.

Angelo1985

796 posts

55 months

Tuesday 1st October 2024
quotequote all
From a proud owner, well done.
They are on a roll like Mercedes in the 90s.