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CALIFORNIA CITY, California If you want to know how Kia's Telluride SUV managed to rank among the top midsize sporty utility vehicles in the US market last year, or how Hyundai and Kia clinched second place in the US EV market behind Tesla following a record sales year, it’s worth taking a closer look at their California Proving Ground, the Korean carmakers’ extensive vehicle testing facility in t. ....
Hyundai Motor Promotes Domestic Sales Biz Head to CEO Posted on This undated file photo shows Chang Jae-hoon, who was promoted to CEO of Hyundai Motor Co. on Dec. 15, 2020. (Yonhap) SEOUL, Dec. 15 (Korea Bizwire) Hyundai Motor Group, South Korea’s second-largest conglomerate, on Tuesday named the new CEO for its flagship unit in its latest senior executive reshuffle focusing on future growth. The automotive titan promoted Chang Jae-hoon, an executive vice president who led Hyundai Motor Co.’s domestic sales business and its luxury marquee Genesis, to president and CEO of South Korea’s top automaker. Chang, 56, will focus on upgrading corporate culture and its innovations, the group added. Hyundai Motor’s existing CEO Lee Won-hee, meanwhile, will concentrate on other areas including value chain developments. ....