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Hyundai Chairman Chung Mong-Koo Named
Automotive News All-Star, Top Automotive CEO in Asia
(Seoul, Korea) – Hyundai Motor Company Chairman and CEO Chung Mong-Koo was named an Automotive News “All-Star,” as the top CEO of an Asian auto company, in the July 11th issue of the prestigious industry publication.
Chairman Chung’s leadership was praised by the magazine, which said:
“Hyundai sales are rising around the world, quality is among the best, and a U.S. plant is cranking out Sonata sedans. The industry is paying attention to the Korean giant.”
Eighteen top auto industry executives from a variety of disciplines were selected as All-Stars for their accomplishments over the past 12 months. The Automotive News All-Stars are the auto industry’s version of Major League Baseball’s All-Star team. Automotive News reporters and editors have selected the top executives in the industry since the first All-Stars were named in 1981. Choices are based on executives’ achievements from July 1, 2004, to June 30, 2005.
Chairman Chung joined an accomplished list of industry leaders, including Dieter Zetche, CEO, Chrysler Group who was named the top North American CEO and Hans-Olov Olsson, CEO, Volvo Car Corp., who was named the top European CEO.
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 nonconsolidated basis). Hyundai motor vehicles are sold in 193 countries through some 5000 dealerships and showrooms. Hyundai Motor Co. is a sponsor of the 2006 FIFA Germany World Cup. Further information about Hyundai Motor Co. and its products is available at http://www.hyundai-motor.com/.
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