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8. Hyundai Motor Company Part II—Rapid Growth and Internationalization: 1987–1996

verfasst von : A. J. Jacobs

Erschienen in: The Korean Automotive Industry, Volume 1

Verlag: Springer International Publishing

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Abstract

This chapter, “Hyundai Motor Part II: Rapid Growth and Internationalization: 1987–1996,” serves as the second of two chapters on Korea’s largest automaker. It begins by describing how the Hyundai “Excel Phenomenon” provoked trade friction with the U.S. and Canada (1987–1988). This is followed by a discussion of the unsteady launch of Hyundai’s Canadian Plant in Bromont, Quebec (1988–1992). The third through fifth sections chronicle the automaker’s rapid expansion and internationalization during the first half of Young-sam Kim’s national regime (1993–1996). This includes discussions of Hyundai’s substantial domestic plant construction activities at the time, including major enlargements in Ulsan, and the openings of its Jeonju commercial vehicle and Asan sedan plants. In addition, the sudden demise of its Canadian factory and the automaker’s new overseas production initiatives, primarily in the Developing World, are reviewed. The chapter concludes with a summary of Hyundai’s growth path and future at the start of 1997.

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Vorheriges Kapitel Hyundai Motor Part I: From Construction to Cars, Beginnings to 1987

Nächstes Kapitel Dong-A and Shinjin Jeep Beget Ssangyong Motor: Beginnings to 1996

Lew (1992) and Lee (1993, 2001).

Ward’s (1972‐2020) and Jacobs (2016).

KAMA (1990‐2018) and Chung (1998b).

KAMA (1990‐2018) and HMC (2020).

KAMA (1990‐2018), Ward’s (1972‐2020), and Jacobs (2016).

Lee (1997a) and Chung (1998b).

USITC (1983‐1991), USDOC (1989‐1990), and U.S. Census Bureau (2020).

Ward’s (1972‐2020), MGAZ (1987‐1995), WSJ (1987), Lee (1993), and Kirk (1994).

Ward’s (1972‐2020), GAM (1987‐1995), MGAZ (1987‐1995), WSJ (1987), and Lee (1993).

MGAZ (1987‐1995) and Lee (1993).

Ibid.

MGAZ (1987‐1995).

Ward’s (1972‐2020), MGAZ (1987‐1995), GAM (1987‐1995), NYT (1989‐1996), Kirk (1994), and Jacobs (2016).

MGAZ (1987‐1995) and NYT (1989‐1996).

MGAZ (1987‐1995), GAM (1987‐1995), NYT (1989‐1996), and Jacobs (2016).

Ward’s (1972‐2020) and MGAZ (1987‐1995).

Ward’s (1972‐2020) and KAMA (1990‐2018).

Ibid.

KAMA (1990‐2018), Lee (1997a), and Chung (1998b).

KAMA (1990‐2018) and Lee (1997a).

Ward’s (1972‐2020), KAMA (1990‐2018), Lim (1997), Jacobs (2016), and HMC (2001‐2020); the Persian Gulf War occurred between August 2, 1990 and February 28, 1991.

Ward’s (1972‐2020), MGAZ (1987‐1995), and Jacobs (2016).

MGAZ (1987‐1995), NYT (1989‐1996), Lim (1997), Chung (2003), and Jacobs (2016).

Ward’s (1972‐2020) and Zal (2021).

KAMA (1990‐2018) and Chung (2003).

KAMA (1990‐2018), HMC (2001‐2020), Lee (2001), Jeong (2004), and Zal (2021).

KAMA (1990‐2018), HMC (2001‐2020), Hyundai Mobis (2020), and MMC (2020); MMC began producing the Pajero at its Pajero Manufacturing Ltd. Plant in Sakahogi, Gifu, Japan in May 1982. HPI became Hyundai Mobis in November 2000.

Lee (1987) and Chung (1998b, 2003).

Ward’s (1972‐2020), KAMA (1990‐2018), AWSJ (1992‐1997), and Chung (2003).

Ward’s (1972‐2020), KAMA (1990‐2018), and Lim (1997).

Chung (1998a), Boley (2000), and TNH (2000).

Lee (1997, 2001, 2002), Lim (1997), and Jeong (2004).

Ibid.

Chu (1997), Lim (1997), Chae (1999), Kim and Lee (2001), Lautier (2001), Lee (2001), Chung (2003, 2009), Hyun (2003), Jeong (2004), and Lansbury et al. (2007).

AWSJ (1992‐1997), Jeon (1993), MK (1994a, 1994b), Lim (1997), Kim and Lee (2001), Lee (2001), and Lansbury et al. (2007).

Ibid.

Lee (2001, 2003).

ROK (1992), Lim (1997), Lee (2001, 2003), and Jacobs (2011); The Third CNDP was approved by the Korean President on December 31, 1991 and was announced on January 8, 1992. The area is now Romanized as Jeolla Buk-do.

Lim (1997) and Lee (2001, 2003).

AWSJ (1992‐1997), Jeon (1993), MK (1994b), and Lim (1997); the Asan factory address used for this measurement was 1077 Hyeondae-ro, Inju-myeon, Asan-si, Chungcheongnam-do.

AWSJ (1992‐1997), ROK (1992), Kim and Gallent (1998), Lee (2001, 2003), and Jo and You (2011).

Lee (2001, 2003).

AWSJ (1992‐1997), Jeon (1993), MK (1994a, 1994b), Hyun (1995), McDermott (1995), Lim (1997), and Kwon and O’Donnell (2001); on April 1, 1998, the municipalities in Yeocheon County, including Yulchon township, merged with the cities of Yeocheon and Yeosu cities to create the current Yeosu city.

Ward’s (1972‐2020), MK (1994b), Georgano (2000), Hyundai Mobis (2020), and Zal (2021).

KAMA (1990‐2018), Lim (1997), and HMC (2001‐2020).

Ibid.

KAMA (1990‐2018).

Ward’s (1972‐2020), KAMA (1990‐2018), and HMC (2001‐2020).

KAMA (1990‐2018), Chung (1998b), Jacobs (2011), and Buk-gu (2020).

KAMA (1990‐2018), Georgano (2000), and HMC (2001‐2020, 2020).

KAMA (1990‐2018), Chung (1998b), and HMC (2001‐2020, 2020).

Ward’s (1972‐2020), KAMA (1990‐2018), Georgano (2000), HMC (2001‐2020), and Lee (2003).

KAMA (1990‐2018) and HMC (2001‐2020); on January 1, 1995, Asan-gun (county) and the City of Onyang were amalgamated to create Asan city, see Asan City (2021).

Ibid. Plant totals were estimated by author from KAMA vehicle production data.

KAMA (1990‐2018), HMC (2001‐2020, 2020), MMC (2020), and MFTB (2020); the Aero line was first assembled at Ulsan in April 1985 and Chorus in April 1988.

KAMA (1990‐2018); all 1995 and 1996 car totals include Avante Touring station wagons, which were listed by KAMA in some years as cars and other years as SUVs.

Ward’s (1972‐2020), KAMA (1990‐2018), and Chung (2003).

MGAZ (1987‐1995), GAM (1987‐1995), McDermott (1995), and Jacobs (2016).

MGAZ (1987‐1995) and GAM (1987‐1995).

Ibid.

GAM (1987‐1995).

GAM (1987‐1995), MGAZ (1987‐1995), and Jacobs (2016), NAFTA was ratified by the three governments on December 8, 1993, see NAFTA (1994).

Ward’s (1972‐2020), MGAZ (1987‐1995), KAMA (1990‐2018), Chung (2003), and Jacobs (2016).

GAM (1987‐1995), MGAZ (1987‐1995), and Jacobs (2016).

Ibid.

MGAZ (1987‐1995); for Canadian dollar figures, see Jacobs (2016).

GAM (1987‐1995), MGAZ (1987‐1995), and Jacobs (2016).

AWSJ (1992‐1997), Lautier (2001), Chung (1998a, 2003), and Jeong (2004).

AWSJ (1992‐1997), Chu (1997), and Jeong (2004).

AWSJ (1992‐1997), Ong-Yeoh (1998), Jeong (2004), and Inokom (2020); the first viable Permas van was not completed until August 1998 and the Lorimas cabover flatbed truck until May 2000.

Lautier (2001), Chung (2003), ZH (2016), and James (2018).

AWSJ (1992‐1997) and Chung (2003).

Lautier (2001), Chung (1998a, 2003), and Jeong (2004).

Chung (1998a), HMC (2001‐2020), and Oh (2013); Wuhan Wantong was the forerunner to Dongfeng Motors.

ASWJ (1992‐1997), Chu (1997), Chung (1998a), HMC (2001‐2020, 2020), and Hyun (2003).

Chu (1997), Lee (1997b), HMC (2001‐2020, 2020), Lautier (2001), and Hyun (2003).

NT (1993) and Marlet (1995).

Ibid.

AWSJ (1992‐1997), Lee (2001), Chung (2003), and Hyun (2003).

AWSJ (1992‐1997), Chu (1997), Chung (1998a, 2003), and Jeong (2004); by 1999, the deal with Saigol also had fizzled, with Hyundai turning to Dewan Farooque Motors and its plant situated southeast of Karachi in Sujawal, Sindh Province.

Ibid.

AWSJ (1992‐1997).

AWSJ (1992‐1997), Chu (1997), Lautier (2001), Chung (1998a, 2003), and Jeong (2004).

AWSJ (1992‐1997).

Ibid.

AWSJ (1992‐1997), Chung (1998a), Jeong (2004), and HMI (2021).

AWSJ (1992‐1997).

AWSJ (1992‐1997) and Jeong (2004).

AWSJ (1992‐1997).

AWSJ (1992‐1997), Chu (1997), Lee (2001), Lautier (2001), Chung (2003), and Jeong (2004).

Compiled by the author from KAMA (1990‐2018).

Ibid.

Chung (2003) and FRED (2020).

Chung (1998a, 1998b).

100

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Titel: Hyundai Motor Company Part II—Rapid Growth and Internationalization: 1987–1996
verfasst von: A. J. Jacobs
Verlag: Springer International Publishing
Buch: The Korean Automotive Industry, Volume 1
Print ISBN: 978-3-030-86346-3

Electronic ISBN: 978-3-030-86347-0

Copyright-Jahr: 2022
DOI: https://doi.org/10.1007/978-3-030-86347-0_8

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