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Hyundai is a group of companies founded in South Korea. The first Hyundai company was founded in 1947 as a construction company. Some of the best-known Hyundai divisions are Hyundai Motor Company, the world's fifth largest automobile manufacturer by volume as of 2009, and Hyundai Heavy Industries, the world's largest shipbuilder. Other companies currently or formerly controlled by members of Chung's extended family may be loosely referred to as a part of the Hyundai chaebol.
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