1931 – 1947
A repair shop, then roads
Hyundai's founder, Chung Ju-yung, was the oldest child of a farming family, born in a village in what is now North Korea. He decided to look for opportunities, left home three times, and on one attempt paid for a train ticket to Seoul by selling one of his father's cows.
In 1941 he started a car repair shop in Seoul, his first contact with the motor trade. He later said with pride, "we repaired in only five days what took other companies twenty."
In 1947 he entered the building trade, working as a government contractor that Hyundai's heritage pages call Hyundai Engineering & Construction. Roads were part of the job, and Chung saw where it led: if roads are the country's veins, cars are the blood running through them.
Shortly before his death, Hyundai says, Chung repaid that debt with a gift of 1,001 cows. This photograph was taken at Panmunjom on 27 October 1998, when a US Air Force caption says he donated 501 head of cattle to North Korea, after 500 more that June.







