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Chung named MotorTrend person of the year

By Benjamin Alade
20 January 2023   |   4:18 am
Executive Chair of Hyundai Motor Group, Euisun Chung, has been honoured with the MotorTrend Person of the Year award, having secured the number one position in MotorTrend’s esteemed 2023 Power List. Hyundai in a statement said MotorTrend Power List ranks the 50 most influential people in the global automotive industry each year. During the past…

Executive Chair of Hyundai Motor Group, Euisun Chung, has been honoured with the MotorTrend Person of the Year award, having secured the number one position in MotorTrend’s esteemed 2023 Power List.

Hyundai in a statement said MotorTrend Power List ranks the 50 most influential people in the global automotive industry each year. During the past five years, Executive Chair Chung has risen progressively from his first appearance on the power list at No. 12 in 2018 to No. 5 in 2022 and now No. 1 in 2023.

MotorTrend named Chung ‘Person of the Year’ for “leading Hyundai Motor Group into a new age.”

It also highlighted the exceptional caliber of the vehicles developed under Chung’s watch, stating: “The vehicles coming out of Hyundai Motor Group are notable for their eye-catching design, quality, clever packaging, and good value – and they are proving increasingly difficult to beat.”

This latest critical acclaim follows a proliferation of MotorTrend awards for the Group’s models, which include the Genesis G90 being hailed as the automotive media brand’s 2023 Car of the Year and the Hyundai IONIQ 5 named its 2023 SUV of the Year. Previously, the Genesis GV70 and Kia Telluride took similar honours. “Hyundai, Genesis, and Kia have been hitting balls out of the park repeatedly,” asserted MotorTrend.

In addition to his skill in plotting the course for the Group’s current success, MotorTrend extolled Chung’s vision of the future. It recognised his “big-picture” thinking and his ability to initiate solutions traditionally regarded beyond the bounds of the automotive industry.

“As executive chair, Chung is putting his stamp on the company’s future. His grasp of where the world and the industry are headed, combined with a desire to make the planet a better place, spurs a broader mission to become a leader in electric vehicles and advanced mobility,” observed MotorTrend. It also highlighted the group’s pioneering role in smart city planning and a myriad of mobility solutions, including robots and Advanced Air Mobility (AAM).

Commenting on the depth and reach of Chung’s vision, MotorTrend added: “In that sense, he makes his father and grandfather proud, pushing the entire Hyundai Motor Group to new levels. The man and his vision, and the juggernaut that his company is becoming, loom loud and large. For his vision and leadership, then, Euisun Chung is our 2023 MotorTrend Person of the Year.”