August 6th 1928
Chung Se Yung, a cofounder of the Hyundai Motor Company, was born on this day in Kangwon Province, Korea. Hyundai, which was founded in 1967, is one of the largest auto manufacturers in the world, actively exporting to 160 countries. Its international network consists of 145 independent importers and distributors, as well as several subsidiaries, such as Hyundai Motor America.
August 6th 1932
Richard Hollingshead Jr. first registered his patent for the drive-in movie theater on this day. Tired of ordinary movie houses, Hollingshead wanted to create a theater where parents could bring the children in their pajamas, avoid baby-sitters, and relax in the comfort of their own car while watching a Friday night film. Hollingshead was awarded the patent in May of the following year, though it was declared invalid in 1950. After the patent was revoked, thousands of drive-ins appeared on the American landscape, reaching a high of 4,063 in 1958.
August 6th 1957
The Chevrolet Corporation registered the Corvair name for its new rear-engine compact car on this day in 1959. Corvairs became quite controversial--people either loved them or hated them. The car was accused of being "unsafe at any speed," with much criticism directed toward its handling, even though a 1972 government study later exonerated the Corvair. Today, the Corvair is considered rare and collectable and has been called one of the most significant cars in automotive history.
August 6th 1991
Peugeot SA announced its withdrawal from the United States market, due to lagging sales. The major French automotive manufacturer and holding company has been in existence since 1896 and is presently headquartered in Paris.
Chung Se Yung, a cofounder of the Hyundai Motor Company
Corvair convertible
The Corvair's innovative flat-6 engine.
Source:
The History Channel
Wikipedia