First Vice President Jeong Seon-Seon said:



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On April 14, Hyung Chul Kim, senior vice president of Hyundai Motors Group, held a meeting of overseas affiliates at the Yangjae-dong office in Seoul. He said: "We will achieve sales and profitability based on key markets such as the United States and China.

The meeting was held for the first time since the promotion of Jong Seok's vice president in September, attracting the attention of the industry. More than 50 people attended the event, including the head of the overseas division responsible for each region and the sales and production companies.

On that day, Hyundai Kia Motors' overseas affiliates decided to carry out structural reforms in overseas markets in order to recover their profits and profitability next year.

Chung said, "We need to strengthen our collaboration with each division based on our regional headquarters and be reborn as a company offering new experiences and offering the best value for our customers."

"The leaders of the regional headquarters must actively support the voluntary challenges of the employees," he said.

Senior Vice President of Hyundai Motor at Hyundai Motors Group (Photo: ZDNet Korea)

Senior Vice President of Hyundai Motor at Hyundai Motors Group (Photo: ZDNet Korea)

Hyundai Kia will launch major SUVs such as Palisade and Telluride in the US next year, boosting overseas sales. The Genesis Flagship Sedan G90 will be available in the US market from next year.

Manfred Fitzgerald said: "First, we will launch the G90 from the North American market." The North American market has been struggling to develop the Genesis brand in the meantime, but that means rehabilitating the organization and restoring pride by launching the car at an early stage.

In addition, the Chinese market launches ix25, Santa Fe, Sonata, K3 and KX3.

On December 12th, Hyundai Kia Motors announced its large-scale greetings to increase its profitability and enhance its image.

To this end, Chief Vice President Jeong Jae-sung appointed Albert Beerman, Hyundai-Kia's President, Automotive Performance Division, to lead the new R & D division. In October, he appointed Thomas Schmidler, Vice President of Hyundai Kia Motors High Performance Division. It was the first time in the history of Hyundai Kia Motors that foreign leaders badumed leadership of research and development.

On October 30, Hyundai Kia Motors handled the management of overseas business, overseas business strategy, Kia Motors in North America and Russia.

Recently, a person related to Hyundai Kia Automobile said, "We have proceeded to a reorganization of staff to strengthen our commercial capabilities abroad." The global business environment around Hyundai Kia Motors is deteriorating rapidly, I will prepare a policy of rupture, "he said.

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