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30 years in the past, Hyundai was seen as a small Korean firm that made low-cost, ugly and unreliable automobiles. Individuals even joked concerning the model, saying you would double a Hyundai’s worth when you crammed it up with gasoline.
However now a days… they’re among the many highest quality automobiles available in the market, overthrowing giants like Ford, Honda and Basic Motors, to turn out to be the third largest producer of automobiles within the international market.
However what’s fascinating about this, is the person who began all of it.
A farm boy, who solely wished to flee from poverty, left residence as a young person and launched into a journey filled with failures, misfortunes and embarrassments.
Regardless of the adversity, he went on to create the largest firm in South Korea and took over by storm not solely the auto business, but in addition shipbuilding, development and a lot extra, turning himself into the richest man in Korea.
That is the rags to riches story of Hyundai, and the person behind it, Chung Yu-Jung.
00:00 – 01:04 Prologue
01:04 – 03:56 Escaping From Poverty
03:56 – 09:19 The Journey
09:19 – 16:38 The Beginning of Hyundai
16:38 – 20:11 Hyundai Motors
20:11 – 24:40 The New Period For Korean Automobiles
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