Hyosung is one of the leading Korean motorcycle manufacturers, since 1978. After it signed the cooperative agreement on 1979 with the Suzuki Motor Corp of Japan, it kept it first feet on the ground with its annual sales approaching 20,000 units, and it captured 40% of share in its home market. For the past several years, it has been importing small and mid-sized bikes to the United States of America. Hyosung Motors and Machinery Inc., specializes in the manufacturing of automotive and components parts.
It also operates in many other fields like the chemical industry, IT, trade, industrial machinery and construction. It is well known industry in Korea for its automatic teller machines and high-end apartments. Recently the CEO of Hyosung Motors announced that the GV650 was ranked as the second cruiser by the reviewers of the motorcycle website. Also, the GT250R has moved up the line to fill the second spot in the sport bike position.