Hyundai Motor Company was founded in 1967 in South Korea by Chung Ju-Yung. Over the past half-century, Hyundai has grown from a small manufacturing business producing a range of automobiles and machinery into one of the world’s leading automotive brands. In 1986, Hyundai launched the Excel – the first mass-produced vehicle from a South Korean manufacturer.
Today, Hyundai Motor Company is a globally recognized brand, built on a foundation of quality, value, and innovation. It offers a comprehensive range of vehicles, from compact hatchbacks and sedans to crossover SUVs, commercial vehicles, and luxury cars. In 2020, Hyundai Motor Company sold over 5 million cars worldwide.
Hyundai’s vision is to become the most loved and respected car company, with a focus on creating a better future for everyone. To achieve this, the company is dedicated to developing and deploying advanced technologies such as autonomous driving, electric mobility solutions, connected cars, and other mobility solutions. Hyundai also plans to continue investing in product development, aiming to become the world’s leader in environmentally friendly automotive technology.
Hyundai vehicles have consistently earned high reliability and dependability ratings. In 2020, J.D. Power's initial quality rankings placed Hyundai second overall and first among non-premium brands. Hyundai vehicles also have a favorable reported reliability record and they typically rank near the top of the rankings in Consumer Reports and other long-term reliability studies.
The cost of maintenance for Hyundai vehicles will vary based on the model, age and mileage of the car. The best way to find accurate information about the cost of maintenance for your particular Hyundai is to contact your local Hyundai dealer for a quote.
Common mechanical problems reported by Hyundai owners include transmission failure, engine failure, excessive oil consumption, suspension issues, air conditioning failure, and leaking coolant. Other issues include failing door locks, timing belt failure, and brake problems.