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Hyundai is a Korean company which was started in the year 1947 by Chung Ju Yung as Hyundai Civil Engineering Company. In 1967 Hyundai started with Motor Company to achieve the best name in automobile industry. Hyundai had an 2 years agreement with Ford to use the assembly technology in 1968 and the first car was designed and manufactured in Korea. It was a compact Pony. In the year of 1986, Hyundai Motor Company entered the US market with its new model Excel. The company also started to export cars.
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