success story of hyundai company STARTUP NEW

A complete boy who used to work for 17 hours at a time to earn food, and even he went away, how did he become the owner of 1 Lakh crores on the date of departure. This is the story of how the founder of Hyundai, Changi, became the young Hyundai car manufacturer. How did the company that sold the biggest car after Suzuki in India, become one and during the time of making this company, his company flowed in a big flood after the company was completely ruined and due to the fire, his business was completely ruined and Then without giving up, let us talk in detail about how to make one of the biggest companies in the world

INTRODUCTION

Chung ju yang was born in a poor village in Korea in 1915 and he had a dream of becoming a school teacher but at that time his family’s financial problem was so bad that let alone reading, he was not able to eat even a single time and because of this he had to work day and night in the fields since childhood with his family and many times Chung had to go to the nearby village to sell wood and he thought that he had good clothes and good food and he worked all day without eating all this and it started seeming to him that it was like this Life has to be lived and after that it was shown once in the news that there was a need of employment in a factory nearby and then in the year 1962 he took a tough decision that he left his home and went to work in that factory and after travelling 160 km he reached a county city and took up the job of a constructor labourer there and that work was very hard and the money was very less and Chung was very happy at that time because he was working independently and after 2 months his father again brought him to the village to do farming and he knew that The one who is his dream, works in the fields but cannot even fulfill the dream, then he tries to share two more times but he gets beaten up and then finds it and comes out.

HISTORY OF HYUNDAI COMPANY

Then he thinks of changing the country and then he reaches his soul in the age of 1934-18 which was in South Korea and he got whatever work he did, that is what he did and then he got a job as a delivery boy in a rice mill and after working hard for 6 months he was made the sales manager of a store and since the owner of the store had a serious health problem, he was made the owner of the shop and that very month he took the shop to the top level and after that World War 2 starts. Later the government was taking over all the grocery shops for the army and then the government took over his shop due to which years of hard work was spent. If I work with wisdom then I can be successful. He did not agree to this thinking and once again he started finding such a business in which there was no interference from the government and after that he started doing repair work. Then he opened his own shop in 1940. He whose name is kept as a service garage and his fate is so bad that for some months he spends age in garage in us and all the money is kept in storage and then instead of making any money he comes back in business and takes a loan of $3500 dollar from the bank and then he opens a car by doing service and Chung made his speed his own hurdle and the car which gets repaired in 20 days he used to meet the customer in 5 days and he is so successful that in 3 years In 1943 the employees of US company had become 90 plus and to make equipment for weapons before the first war the gear of the Changan is shifted to a steel factory and after that their work is shifted to China and they thought of doing business in their village because they still had 50000 Euros which they saved and kept it. When World War 2 would have happened the king of Japan would have become king in Korea

CHALLAENGE OF HUNDAI COMPANY

And he starts working as a Hyundai Auto Service in a village. Hyundai was a new business. Then he saw that America was developing houses in civil work. And the work of repairing Hyundai was also going on. And then he was busy in construction. He started getting small jobs. Since 1950, he started getting big jobs. And this had become a major business of the US. Everything was going on smoothly. But then one major business is going to change in North Korea. He attacks South Korea and fights. During our time almost all of his village CHUNG was destroyed. Because of this CHUNG has to lose all his savings from them. And US did not get any CHUNG during the time. America has a lot of money but they were not able to get good constructors. They needed to build Tent Houses and Head Quarters for their army. And we needed reliable and timely delivery during the time. And CHUNG gave it away to the Americans. CHUNG made a team from its own pockets. KE WO KAM ME LAG GAYE THE

MARKETING STRETAGEY OF HYUNDAI COMPANY

HYUNDAI had adopted the formula of CAN DO that if it had the pride of its people then it would do our work and we were running the war all the time, it would never get caught even after seeing it once and the US itself had to cover all its losses from the war and because of this reasoning of its, a very good relationship is formed with America and the war was ended in 1952, then the contract for CHUNG was being got and the work of building roads, bridges and dams was started with great force in South Korea and CHUNG MADE SOYANG DAM AT US AND THEIR BIGGEST EXPRESS WAY KYUNGBU EXPRESSWAY HYUNDAI WAS MANY US AND SAME AS US CHUNG BUILD THOUSAND KM ROADWAY AND HE CHOOSE TO BECOME A SUCCESSFUL CONSTRATOR AND HE WAS NOT SATISFIED HERE TOO, HE DID BUILD THE PERFECT ROAD, THEN HE THOUGHT ABOUT MAKING AN PERFECT CARA AND IN 1967 CHUNG STARTED HYUNDAI MOTORS AND TYPED WITH WOLSWAGEN COMPANY AND GENERAL MOTORS FOR THEIR MANUFACTURE TECHNOLOGY AND HE THOUGHT ABOUT ALL We had accepted it and then MITSUBISHI MOTORS of JAPANESE agreed to share its car design strategy with HYUNDAI and in this deal HYUNDAI could sell the car with its name and at that time the government came up with a scheme that if it was affordable and reliable for citizens and the whole part was of South Korea then we would give funds to that US company and in 1967 HYUNDAI opened its manufacturing factory and it launched its FIRST CAR and kept its name. It was so affordable that everyone liked it and at the same time 60% of the automobiles in South Korea had only one capture card

WEAKNESS OF HYUNDAI CAR COMPANY

- The Hyundai car was getting wasted again and again due to mechanical problems.

- And its paint would peel off quickly due to which the car would start to smell very bad.

- And during summer the car would get very hot.

- And everybody said that the car factory should be shut down, this is not successful.

- And at that time the car market in South Korea was only for Rs. 30,000 which was very less.

- And then the first change thought that we will expand the car to other countries.

- And at that time we will expand the car to other countries. He thought of opening a weak car manufacturing factory and this time he modified the Hyundai PONV and after fixing all the problems he gave us an announcement to launch it in the market and then Hyundai PONV 2 cars were launched in 1992 and that car was successful only in Korea, but those cars were launched in America, Africa and Canada. This car was very successful and next year Hyundai car became profitable by selling its 4 weak cars and this was on a GLOBAL LABEL. EXPAND YOU CHUKA THA

Hyundai’s Vision and Mission

HYUNDAI’s vision is that they make their customer reliable and they also keep the customer in mind for safety and quality and want to design the car so that everyone can afford the car.
The main vision of HYUNDAI car is that they expand their cars globally as their affordable price.

HYUNDAI COMPATITOR ANALYISIS

People say that there are a lot of cars in the market but still why should we buy Hyundai car? You should buy Hyundai car like this. Every car of yours is available with us. As you search and at what rate you will buy it. Like we buy full family car and we don’t buy luxury car. We buy OFFRODING car. We buy SUV car. Every car of yours is available with us so why should you buy another brand’s car.

MAIN COMPATITOR OF HYUNDAI COMPANY

- TOYOTA

- HONDA

- NISSAN

- KIA

- MAHENDRA & MAHENDRA COMPANY

- CHERVROLET

- TATA

- MARUTI SUZUKI

- FORD

- WOLSWAGEANE

HYUNDAI FINANCE ANALYSIS

MAIN EARNING SOURCE OF HYUNDAI COMPANY

The main works of Hyundai company is the manufacturer of the auto mobile company in large amounts and it sells its cars over 200 countries

INCOME OF HYUNDAI COMPANY

HYUNDAI COMPANY IS FOUNDED IN 29 DECEMBER 1967 AND HE MAKE MONEY ABOUT 170.2 TRILLION SOUTH KOREAN WON IN 2023 AND ABOUT 125.6 BILLION DOLLAR IN 2023 HE IS INCREASED BY 12% PER YEAR ACCORDING TO THE DATA

CANCULATION

I want to say that you all would have liked this information about HYUNDAI very much. When did this come, I have told you about its history in details and after reading everything you all will come to know whether money should be invested in this company or not and you will get to know a lot more

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