Hyosung Motors is a subsidiary of Hyosung Group of Industries and was founded
in 1978, being initially focused on building Suzuki designs. The agreement
between Hyosung and Suzuki was signed in 1979 but the company grew up a lot in
the next few years so it was chosen as the motorcycle supplier for the Asian
Games held in 1986. In addition, it was also selected as the motorcycle supplier
for the 1988 edition of the Olympic games.
As mentioned, the company grew up a lot in its early days so, as a result of
its continuous expansion, it established its first technical research institute
in 1986. By 1987, the company was already able to build motorcycles using
in-house technology. One year later, Hyosung was already capable of exporting
motorcycle to Japan, no less than two models being sent to the neighbors:
Familia 100 and FR 50.
The time passed by and the company continued its expansion, creating two new
departments in 1990: the Machine Sales Incorporation and the Motorcycle Sales
Incorporation. Moreover, in 1991, the Korean firm finished the construction of
its second factory in Daejeon Daesung.
Three years later, thanks to its high production capabilities, Hyosung was
able to export motorcycles to Europe, the CAB 50 being initially sent to Italy,
a country which already owned several motorcycle manufacturers.
If in 1996 the company has already produced 1 million units, five years later
it reached the 2 million motorcycle milestone, continuing its impressive growth.
In the next few years, Hyosung signed agreements with several companies around
the world in order to be able to deliver its products easier than anytime
before. For instance, it struggled to improve its network in Asia and Europe as
well as in the United States through new deals and dealerships.
Any corrections or more information on these motorcycles will be kindly appreciated.