The Hyundai Group was founded by Chung Ju-yung in 1947 as a construction company. The company grew and expanded into five business groups: Hyundai Motor Group, Hyundai Heavy Industries Group, Hyundai Group, Hyundai Department Store Group, and Hyundai Development Group.
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The division, Hyundai Motor Group, is the worlds seventh largest car maker and began operations in 1967 as part of the Hyundai Group.
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