Werner H. Frey Leaves Hyundai
Rüsselsheim, May 31, 2005 – The management of Hyundai Motor Company today informed that Mr. Werner H. Frey, Vice President of Hyundai Motor Europe GmbH, is going to resign from office in mutual agreement with effect from May 31, 2005.
The management and staff of Hyundai Motor Europe GmbH thank Mr. Frey for his commitment to grow the Hyundai brand in Europe.
Established in 1967, Hyundai Motor Co. has grown into the Hyundai Kia Automotive Group which includes over two dozen auto-related subsidiaries and affiliates. Employing over 50,000 people worldwide, Hyundai Motor posted US$26.1 billion in sales in 2004 (on a non-consolidated basis). Hyundai motor vehicles are sold in 193 countries through some 5,000 dealerships and showrooms. Hyundai Motor Co. is a sponsor of the 2006 FIFA Germany World Cup. Further information about Hyundai Motor Europe and its products is available on the Internet at http://www.hyundai-europe.com/. | 
