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Chung Eui-sun (Korean: 정의선; born 18 October 1970), also spelled Euisun Chung, is a South Korean billionaire business magnate. He is the executive chairman and CEO of Hyundai Motor Group and the only son and "heir apparent" of Hyundai Motor Group honorary chairman Chung Mong-koo.
In early 2022, Hyundai Motor Philippines, Inc. (HMPH) became the official distributor of Hyundai passenger cars in the country after the company was able to take over its passenger car operations from HARI, [114] Audrey Byun is the CEO, while Lee Dong-wook is the President and Victor Jose Vela is the Deputy General Manager of the company.
The group was formed through the purchase of 51% of Kia by Hyundai Motor Company in 1998. As of 2011, Hyundai owns 33.7% [5] of Kia Motors.. On 22 May 2022, the Hyundai Motor Group announced the company would invest an additional $5 billion in the United States by the year 2025.
Hyundai branded vehicles are manufactured by Hyundai Motor Company, which along with Kia forms the Hyundai Kia Automotive Group. Headquartered in Seoul, South Korea, Hyundai operates in Ulsan the world's largest integrated automobile manufacturing facility, [2] which is capable of producing 1.6 million units annually. The company employs about ...
Georgia Governor Brian Kemp (right) and José Muñoz, president and global COO, Hyundai Motor Company, and president and CEO, pose in front of the Georgia State Capitol on Feb. 26, 2024 as part of ...
The Hyundai CEO said he believed it was in Musk's own interests to ensure the US continued to promote EV investment and growth, and remained competitive with China's upstart electric vehicle industry.
In November 2024, it was reported that the company's Chief Executive Officer, Jose Munoz will hold the new role of global co-CEO of Hyundai Motor Company beginning 1 January 2025. Munoz will be the first foreigner to hold such a high executive post in a giant South Korean conglomerate.
Chung Mong-gyu served as Chairman and CEO of Hyundai Motor Company from January 1996 to March 1999. He has managed Hyundai Development Company since his appointment as chairmanship in March 1999.