In 1986 myself and two other recent college grads got jobs in Toronto. In 87 my two friends went out an bought brand new Ponys. I told them they were junk. They laughed at me for buying a two year old used 86 Honda CRX that winter. The Pony’s were literally falling apart within 18 months. Both of them got rid of them within 2 years. Depreciation was massive. I drove my CRX for 9 years. Then sold it to a friend who drove it for 2 more, before selling it to someone they knew. It’s probably still running.
Hyundai sales didn’t drop off due to pressure from Ford and GM. Canadians soon figure out; slight more expensive cars were more reliable and affordable over the long run. It took me a long time to think of Hyundai’s as ‘good’ cars after that.