Hyundai CHIEF EXECUTIVE OFFICER Jaehoon Chang (left) and Jos é Mu ñoz, Hyundai head of state and international principal running policeman, participate in the 2024 New York International Auto Show
Michael Wayland|
DETROIT– Hyundai Motor Co. on Thursday called Jose Munoz as the following head of state and chief executive officer of the South Korean car manufacturer, efficientJan 1.
Munoz, a car sector professional that increased via the business’s North American rankings, will certainly do well present President and CEO Jaehoon Chang, that is being advertised to the vice chair of Hyundai Motor– Automotive Division.
“Jose is a proven leader with vast global experience and is ideally suited to lead Hyundai as competitiveness and business uncertainty increases,” Chang claimed in a declaration. “As recently outlined at our CEO Investor Day, we have a clear Hyundai Way vision to create a future centered on mobility and energy. Together with Jose and the rest of our leadership team, the future is very bright for Hyundai.”
Munoz, a local of Spain and a united state person, will certainly be the very first non-Korean CHIEF EXECUTIVE OFFICER of Hyundai.
Munoz presently acts as global chief operating officer of Hyundai along with head of state and chief executive officer of the North American procedures of Hyundai and its deluxe Genesis brand name. He signed up with Hyundai in 2019 from Nissan Motor after 15 years with the Japanese car manufacturer. He has actually belonged to the business’s board of supervisors given that 2022.
Under Munoz, Hyundai’s North American procedures have actually grown. Hyundai’s sales have actually expanded 16% given that 2019 to approximately 801,200 cars in 2014. Hyundai’s items likewise have actually won numerous popular honors and sector awards.
It’s likewise expanded its united state procedures, consisting of Hyundai and companions devoting $12.6 billion to construct a brand-new “Hyundai Motor Group Metaplant America” manufacturing center and 2 battery joint endeavors in Georgia.
“Succeeding in this challenging industry requires excellence throughout the value chain, from design and engineering, to manufacturing, sales and service, along with a talented team that’s able to deliver every step of the way,” Munoz claimed. “I’m excited and motivated by the challenge ahead and want to continue Hyundai’s growth trajectory and laser-focus on exceeding customer expectations. It truly is a great time to be with Hyundai.”
The business did not call a follower for Munoz.
