Hyundai Mobis Co., South Korea’s biggest auto parts maker, said Sunday it has hired an ex-Valeo sales expert as it strives to ride out an extended coronavirus pandemic. Hyundai Mobis appointed Axel J. Maschka as executive vice president in charge of the company’s global sales division. He will directly report to Chief Executive Officer Park […]
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It’s important to be in the right market at the right time, and Hyundai Motor Group Chairman Chung Euisun knows it’s time to plug into the future: electric vehicles (EV). Going electric isn’t just an eco-friendly goal but is becoming a new business reality sooner than expected, pressuring the Korean automaking group to join the
Hyundai Motor Group accelerates EV transition to foster new growth driver Read More »
South Korea’s government will establish a guarantee fund program worth 500 billion won ($405 million) to provide extra loans to auto parts firms amid the COVID-19 pandemic, according to the nation’s fiscal chief on Thursday.“(The government) will protect the automobile industry’s ecosystem by providing cash to small and medium-sized auto parts firms that struggle to
S. Korea to set up 500 billion-won fund for auto parts firms . Read More »
