Honorary President Chung becomes the first Korean to receive this honor, the industry’s highest honor
Chung recognized as the driving force behind the Group’s success and a steadfast champion of the automotive industry and the Korean economy
Dedication to vehicle quality, global expansion of R&D and manufacturing network have been key to Chung’s approach
Hyundai Motor Group Continues To Pursue Progress For Humanity
DETROIT and Seoul, South Korea, July 23, 2021 / PRNewswire / – Honorary Chairman of the Hyundai Motor Group, Mong koo chung, was officially inducted into the Automotive Hall of Fame at the 2020/2021 Induction and Awards Ceremony. The industry’s highest honor was presented to the Class of 2020 at a celebration held at the ICON Convention Center in Detroit on 22nd of July.
The induction ceremony took place in the presence of the president of the Hyundai Motor group. Euisun Chung, who participated in the honorary presidency Mong-Koo Chung’s place. President Chung received the induction trophy and delivered a speech on behalf of his father.
“Honorary Chairman Chung has made the Hyundai Motor Group the world’s fifth largest automaker since its humble beginnings. If my dad were here he would say he owes this honor to our fantastic employees, dealers and customers, ”said Euisun Chung. “My father carried on the legacy of my grandfather Ju-yung Chung, who founded Hyundai. He expanded the Group’s presence globally and continued to strive for excellence in quality. He has made the Group something that employees and customers can all be proud of.
President Chung also did not forget to mention his vision for the future.
“As Hyundai meets the challenges and opportunities of the 21st century, we will continue to strive for excellence, defy convention and lead the evolution of intelligent mobility. We will make progress for humanity, ”said the president.
The Automobile Hall of Fame has also taken note of Chung’s many accomplishments, including:
Acquisition of Kia Motors Corporation in the Hyundai Motor group
Spearheading the Group’s growth with new factories in key regions, including United States, Europe, China, India, Brazil and Russia
Create a highly efficient and vertically integrated business structure that produces everything from steel to vehicles
The Automotive Hall of Fame was established in 1939 to honor notable business leaders who have made significant contributions to the advancement of the automotive industry and mobility. Chung becomes the first Korean to receive the honor, which was first announced in February 2020.
For more information on Hyundai Motor Group, please visit: www.hyundaimotorgroup.com
SOURCE Hyundai Motor Group