SOUTH KOREA: Hyundai Motor reshuffles some management
By Graeme Roberts | 13 November 2012
Hyundai Motor Group has reshuffled some heads of its automotive parts affiliates and overseas operations following the mileage overstatement fallout in the US and Canada.
Citing officials, the Korea Herald said former Hyundai Powertech CEO Jung Myung-chul had been named as new president of Hyundai Wia, Metia and Wisco - the three automotive parts and machinery manufacturers affiliated with the Korean auto giant.
Jung, who studied metal engineering at Korea University, worked at Hyundai Motor’s integrated parts development department, Kia Motor’s Slovakian plant and Hyundai Powertech, an automatic transmission system developer.
Lim Young-deuk, president of Hyundai’s Alabama plant, will be the successor alongside Jung as chief of Hyundai Powertech, while the US factory will be led by Chun Gui-il, former director of Hyundai Motor Manufacturing Russia.
Sectors: Components, Vehicle manufacturers
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