The Hyundai Motor Company was founded in which country?

South Korea is correct: Hyundai Motor Company was founded there in 1967 by entrepreneur Chung Ju‑yung as part of the Hyundai chaebol. The name “Hyundai” means “modernity” in Korean, and the firm helped power South Korea’s rapid postwar industrialization. Its early cars included the Ford Cortina (built under license) and the Pony (1975), the first mass-produced Korean car, which accelerated the country’s emergence as a global auto player. Remember it this way: H for Hyundai, H for Hallyu (the Korean Wave) and Hangul (the Korean alphabet)—all proudly South Korean. Today Hyundai operates the world’s largest integrated car plant in Ulsan and, together with Kia, forms the Hyundai Motor Group, a heavyweight in global automotive innovation.