Founded in Taipei in 1954, Sanyang Motor Co., Ltd. has three main production bases in Taiwan, China and Vietnam. The company produces and sells scooters, motorcycles and ATVs under the SYM brand, as well as passenger cars and mini-trucks under the Hyundai brand. Since its inception, the company has produced over 800,000 cars and 16 million scooters and motorcycles. The company's annual sales are in excess of $ 1 billion, and it produces approximately 600,000 motorcycles and 20,000 cars per year. SYM currently employs approximately 2,300 people in factories in Taiwan.