Hyundai Motor Group promoted 252 executives on Wednesday, the largest upper-level promotion ever in the company’s history, on the back of its record-high earnings this year as it looks to find future mobility leaders. Hyundai Motor said the promotions focused on preparing for the future as it speeds up its generational shift in leadership. Among the promoted, there are 197 newly appointed executives, of which s.
ULSAN – Hyundai Motor Group on Monday broke ground for a new plant at home – the first in 29 years – solely dedicated to producing electric vehicles. Earlier in the day, the world’s third-largest carmaker held a groundbreaking ceremony for the new plant in Ulsan, South Gyeongsang Province, one of its key production and export sites, with its top executives, including Executive Chair Chung Euis.
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The union that represents Hyundai Motor Co s South Korean workers said on Tuesday it plans to resume a week of wage talks with management on Wednesday, staving off any immediate prospect of a walkout
By Heekyong Yang SEOUL (Reuters) - The union that represents Hyundai Motor Co's South Korean workers said on Tuesday it plans to resume a week of wage.