In 1967 the
Hyundai Group established Hyundai Motor Company in Korea. The first Hyundai
passenger car, the Pony, was introduced in 1976, and in 1986 the Excel was
introduced, Hyundai's first car for the U.S. market. Hyundai cars and
sport-utility vehicles are distributed in the
United States by Hyundai Motor America of Fountain Valley, Calif., which is a
subsidiary of Hyundai Motor Company.