Although Hyundai Motor Co. Ltd. vehicles recently have returned to Thailand, the auto maker says it does not expect to immediately compete with Japanese rivals because it lacks its own plant in the country. “The Japanese companies took 50 years to dominate the markets in this region, and although the Asian market has grown into a priority for us, we need to take a step-by-step approach,” says Seo Il-sung, Hyundai regional president. “We have to be very careful.” Hyundai Motor (Thailand) ...

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