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Established in 1967, Hyundai Motor Co. has grown into the Hyundai Motor Group, which was ranked as the world's fifth-largest automaker since 2007 and includes over two dozen auto-related subsidiaries and affiliates.

In 2010, Hyundai Motor sold about 3.6 million cars worldwide, up 16.3 percent from 2009. Hyundai Motor, South Korea's largest automaker, sold 659,565 cars in the Korean domestic market in 2010, reaching a market share of about 45 percent. Outside Korea, the company sold about 2.9 million cars in 2010 in over 186 countries through some 5,300 dealers.

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KINGSTON, Jamaica (JIS) — The Republic of Korea has donated three motor vehicles valued at US$100,000 to the Government of Jamaica.

The gift was made possible through the Korea International Cooperation Agency (KOICA), a government-funded agency dedicated to providing grant-aid programmes for the sustainable socio-economic development of partner countries.

Chargé d'Affaires at the Embassy of the Republic of Korea, Lee Young-Gyu, formally handed over the Hyundai Santa Fe sport utility vehicles (SUVs) during a ceremony at the Foreign Affairs and Foreign Trade Ministry's Dominica Drive headquarters on September 13.

The Foreign Ministry received one of the vehicles, with the others going to the Rural Agricultural Development Authority (RADA) in the Ministry of Industry, Commerce, Agriculture and Fisheries, and the Ministry of Health.

Permanent Secretary in the Foreign Affairs and Foreign Trade Ministry, Ambassador Marcia Gilbert-Roberts, said the Government of Jamaica is grateful for the donation, noting that it comes at a time when Korea is trying to rationalise its development assistance.

“The Government of Jamaica has taken note of this, and I can assure you that we are committed to strengthening our strategic bilateral partnership with the Republic of Korea,” she noted.

Lee said he was happy to present the vehicles as “a humble token of Korea's support for Jamaica's continuous development and success”.

He reaffirmed Korea's commitment to implementing tangible projects in various areas so as to enhance relations between the countries.

Noting the resilience of the Jamaican people in times of challenges, he said that Koreans have a similar spirit.

“Like Jamaicans, we Koreans never give up. We Koreans are 'tallawah'… and we continue to endure and overcome challenges in order to achieve success,” he said.

“Let us push forward and find common ground for cooperation and projects. Let us be strong in our collaboration, so that we can both achieve mutual success. Let us be tallawah,” he added.

Bilateral relations between Korea and Jamaica began in 1962.