Korea enters the motorization era, fueling explosive domestic demand and HMC's fast growth
1985-Completed first high volume assembly plant (300,000 units pa) for Excel
-Hyundai Motor America established
1986-Excel is exported
Cumulative vehicle production passes one million units
-Grandeur debuts Cumulative exports surpass $10 billion
Cumulative production surpasses 5 million
1987-H 100 van launched
-Excel's cumulative production passes 500,000 units
1988
-Cumulative vehicle production passes 2 million units
-Sonata introduced
-Cumulative Excel production passes 1 million units
-Hyundai Motor Finance Corp. founded in USA
-Cumulative exports top 3 million mark
1989-Cumulative Excel exports passes 1 million units
-New Excel (X-2) introduced Qrandeur 3.0 V6 debuts
1990 -Completed construction of Passenger Car Plant 3
-Started sale of Elantra/Lantra
-Cumulative U.S. sales pass 1 million units
