SEOUL, Nov. 15 (Korea Bizwire) — Hyundai Motor Group Executive Chair Euisun Chung has been awarded the honor of Commander of the Most Excellent Order of the British Empire (CBE) for his contributions to the strengthening of economic and cultural ties between South Korea and Britain, the company said Wednesday. Chung received the medal from [...]
SEOUL, June 16 (Korea Bizwire) — Hyundai Motor Group Chairman Chung Euisun has visited an autonomous vehicle joint venture in the United States and tested a vehicle under development as the South Korean automaking giant explores new business opportunities in future mobility solutions, the automaker said Wednesday. Chung tested a self-driving Ioniq 5 electric vehicle [...]
SEOUL, June 9 (Korea Bizwire) — Hyundai Motor Group Chairman Chung Euisun won the 2021 Autocar Awards’ top accolade, the Issigonis Trophy, for his contribution to the global automotive industry, the company said Wednesday. Named after legendary car designer Sir Alec Issigonis, the trophy is awarded by Autocar to an individual who has played a [...]
SEOUL, March 16 (Korea Bizwire) — Hyundai Motor Group will post improved profitability in 2021 on its diversified lineup and cost reductions, the group’s chairman said Tuesday. In an online townhall meeting with employees, Hyundai Motor Group Chairman Chung Euisun said, “the company’s profitability will improve a lot this year as it made a turnaround [...]
SEOUL, Oct. 14 (Korea Bizwire) — Hyundai Motor Group’s longtime heir Chung Euisun on Wednesday officially took over the helm at the South Korean auto giant as it pushes to morph into a future mobility solutions provider. The group’s three major affiliates — Hyundai Motor Co., Kia Motors Corp. and Hyundai Mobis Co. — held [...]
SEOUL, Oct. 13 (Korea Bizwire) — Chung Euisun, heir apparent of Hyundai Motor Group, will be promoted to the position of chairman this week, sources said Tuesday, as the automotive group seeks to further push its future mobility drive under the new leader. Chung, who currently serves as executive vice chairman, is expected to be [...]
SEOUL, July 21 (Korea Bizwire) — Heirs of South Korea’s top two conglomerates — Samsung and Hyundai Motor — discussed possible cooperation in the electric vehicle (EV) and mobility businesses, the groups said Tuesday. Lee Jae-yong, Samsung’s de facto leader, shared his views on future mobility solutions with Hyundai Motor Group Executive Vice Chairman Chung [...]
SEOUL, July 7 (Korea Bizwire) — The heir apparent of Hyundai Motor Group met with the head of refinery-to-battery conglomerate SK Group on Tuesday to discuss cooperation in the electric vehicle (EV) business. Hyundai Motor Group Executive Vice Chairman Chung Euisun and SK Group Chairman Chey Tae-won discussed cooperation on next-generation EV battery technologies, power [...]