Hyundai Motor Group names four new presidents in year-end reshuffle

Hyundai Motor Group promoted four executives to presidents in its year-end reshuffle, focusing on bolstering research and development, manufacturing, and overseas sales. The moves aim to accelerate the group's transition to software-defined vehicles. The position of the advanced vehicle platform chief remains vacant following a recent resignation amid delays in autonomous driving.

Hyundai Motor Group announced the promotion of four executives to presidents on December 18, 2025, as part of its year-end management reshuffle. The appointments underscore a strategic emphasis on enhancing research and development (R&D) and manufacturing capabilities to propel the group toward becoming a leading software-defined vehicle (SDV) maker.

Manfred Harrer, who joined Hyundai Motor in 2024 as executive vice president, has been elevated to president and head of R&D. His contributions to improving overall vehicle performance were highlighted by the group. A Hyundai official stated, “The new R&D chief will enhance Hyundai Motor Group’s technological competitiveness for its successful transformation into an SDV maker.”

The reshuffle left the advanced vehicle platform division vacant after former President Song Chang-hyun stepped down on December 5, reportedly due to delays in the company's autonomous driving progress.

On the manufacturing side, Jung Jun-cheul, previously executive vice president overseeing manufacturing solutions and purchasing, was promoted to president. He will lead efforts to reshape next-generation software-driven production systems and expand the group's robotics initiatives for stable supply chain management.

Yoon Seung-kyu, who headed Kia's North American operations, was appointed president in recognition of his sales expertise. Despite intensifying market competition, he drove over 8 percent year-on-year growth in Kia's retail sales in the region this year.

At Hyundai Steel, Lee Bo-ryong, head of the production division, became the new president. Noted for his engineering background and business management skills, he is expected to drive timely strategic investments in facilities and technologies to boost global competitiveness.

Outgoing Hyundai Steel CEO Seo Gang-hyun will transition to the group's planning and coordination division. As a finance expert and former chief financial officer at Hyundai Motor, he will mediate to optimize synergies among key affiliates.

These changes reflect Hyundai's commitment to innovation amid the shift to SDVs, balancing technological advancement with operational stability.

Articoli correlati

Illustration of Roh Tae-moon, new co-CEO of Samsung Electronics, in a corporate setting with tech elements, for news article on his appointment.
Immagine generata dall'IA

Samsung Electronics names Roh Tae-moon as co-CEO

Riportato dall'IA Immagine generata dall'IA

Samsung Electronics appointed Roh Tae-moon, head of its mobile division, as co-CEO to lead its device business on November 21. This restores the co-CEO structure nearly nine months after the death of former Vice Chairman Han Jong-hee in March. The move aims to strengthen core businesses and secure future technologies amid uncertainties.

Imported vehicles, spearheaded by Tesla, are approaching a 20% share of the South Korean automotive market. In response to a domestic sales slump and rising imports, Hyundai is reorganizing its leadership structure. This development highlights growing competition in the local industry.

Riportato dall'IA

Hyundai Motor Group is seeking to restore its relevance in China, but analysts say the odds of a meaningful turnaround are slim in the hypercompetitive auto market. Beijing Hyundai, the joint venture with BAIC Group, stated it will open core capabilities in electrification and intelligent technologies, dispatch senior experts, and introduce the premium brand.

Hyundai Motor and Kia achieved a record combined market share in the United States in 2025, despite aggressive tariff measures from the Trump administration. The success was driven by expanded local production and strong hybrid vehicle sales. The two companies sold a total of 1.84 million vehicles, capturing 11.3% of the market.

Riportato dall'IA

Chung Yong-jin, chairman of South Korean retail conglomerate Shinsegae Group, attended a Christmas dinner hosted by U.S. Vice President J.D. Vance and met White House officials and business leaders. Ahead of the dinner, he visited the White House to discuss cooperation on U.S. AI export programs. Chung serves as Asia chairman of the Rockbridge Network, founded by Vance.

North Korean leader Kim Jong-un dismissed Vice Premier Yang Sung-ho on the spot during an inauguration ceremony at the Ryongsong Machine Complex on January 19 due to irresponsibility in modernizing the facility. This rare public sacking appears aimed at tightening discipline among economic officials ahead of a key party congress. The project stems from Kim's 2021 plan to advance the machine-building industry.

Riportato dall'IA

President Lee Jae Myung's chief of staff has departed on a trip as a presidential envoy for strategic economic cooperation, Cheong Wa Dae announced on Monday. The move is widely seen as aimed at boosting South Korea's defense exports. Kang Hoon-sik focused on expanding defense cooperation during previous visits.

 

 

 

Questo sito web utilizza i cookie

Utilizziamo i cookie per l'analisi per migliorare il nostro sito. Leggi la nostra politica sulla privacy per ulteriori informazioni.
Rifiuta