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Hyundai Motor Group Executive Chair Euisun Chung Outlines 2025 Vision Driven by Commitment to Innovation, Overcoming Challenges, and Creating Opportunities in New Year's Message

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Hyundai Motor Group held its annual New Year's Address at Hyundai Motorstudio Goyang, where Executive Chair Euisun Chung outlined the Group's 2025 vision. The event featured a new roundtable format to facilitate in-depth dialogue about the global business environment and strategic direction.

Chung emphasized the importance of facing both predictable and unexpected challenges through thorough preparation and fundamental capabilities. He highlighted that innovation is in the Group's DNA and stressed the significance of embracing change to overcome difficulties. A notable development was the appointment of José Muñoz as Hyundai Motor's first non-Korean CEO, demonstrating the company's commitment to creating a global culture where talent can thrive regardless of background.

The Group plans to focus on strategic investments in core business areas and strengthen collaboration with partners while maintaining an emphasis on innovation and technological development.

Hyundai Motor Group ha tenuto il suo consueto Discorso di Capodanno presso Hyundai Motorstudio Goyang, dove il Presidente Euisun Chung ha delineato la visione del Gruppo per il 2025. L'evento ha presentato un nuovo formato di tavola rotonda per facilitare un dialogo approfondito riguardo l'ambiente imprenditoriale globale e la direzione strategica.

Chung ha sottolineato l'importanza di affrontare sia le sfide prevedibili che quelle inaspettate attraverso una preparazione accurata e capacità fondamentali. Ha evidenziato come l'innovazione sia nel DNA del Gruppo e ha enfatizzato l'importanza di abbracciare il cambiamento per superare le difficoltà. Un sviluppo notevole è stata la nomina di José Muñoz come primo CEO non coreano di Hyundai Motor, che dimostra l'impegno dell'azienda nella creazione di una cultura globale in cui il talento possa prosperare indipendentemente dal background.

Il Gruppo prevede di concentrarsi su investimenti strategici nelle aree di business core e di rafforzare la collaborazione con i partner, mantenendo un'attenzione particolare all'innovazione e allo sviluppo tecnologico.

Hyundai Motor Group celebró su discurso anual de Año Nuevo en Hyundai Motorstudio Goyang, donde el Presidente Ejecutivo Euisun Chung delineó la visión del Grupo para 2025. El evento presentó un nuevo formato de mesa redonda para facilitar un diálogo profundo sobre el entorno empresarial global y la dirección estratégica.

Chung enfatizó la importancia de enfrentar tanto los desafíos predecibles como los inesperados a través de una preparación exhaustiva y capacidades fundamentales. Destacó que la innovación está en el ADN del Grupo y subrayó la importancia de abrazar el cambio para superar dificultades. Un desarrollo notable fue la designación de José Muñoz como el primer CEO no coreano de Hyundai Motor, demostrando el compromiso de la compañía con la creación de una cultura global donde el talento pueda prosperar sin importar su origen.

El Grupo planea centrarse en inversiones estratégicas en áreas comerciales clave y fortalecer la colaboración con socios, manteniendo un énfasis en la innovación y el desarrollo tecnológico.

현대자동차그룹는 현대모터스튜디오 고양에서 신년사를 개최했으며, 이곳에서 정의선 회장이 그룹의 2025 비전을 설명했습니다. 이 행사에서는 글로벌 비즈니스 환경과 전략적 방향에 대한 심층 대화를 촉진하기 위해 새로운 원탁 회의 형식이 도입되었습니다.

정의선 회장은 철저한 준비와 기본 역량을 통해 예측 가능한 도전과 예기치 않은 도전 모두에 맞서는 것의 중요성을 강조했습니다. 그는 혁신이 그룹의 DNA에 내재되어 있으며, 어려움을 극복하기 위해 변화 수용의 중요성을 강조했습니다. 중요한 변화로는 호세 무뇨스가 현대자동차 최초의 비한국인 CEO로 임명된 사실이 있으며, 이는 배경에 관계없이 인재가 성장할 수 있는 글로벌 문화를 만들겠다는 회사의 의지를 보여줍니다.

그룹은 핵심 비즈니스 영역에 대한 전략적 투자를 강조하고 파트너와의 협력을 강화할 계획이며, 혁신 및 기술 개발에 대한 강조를 유지할 것입니다.

Hyundai Motor Group a tenu son discours annuel de Nouvel An au Hyundai Motorstudio Goyang, où le Président Exécutif Euisun Chung a esquissé la vision du Groupe pour 2025. L'événement a présenté un nouveau format de table ronde pour faciliter un dialogue approfondi sur l'environnement commercial mondial et la direction stratégique.

Chung a souligné l'importance de faire face à la fois aux défis prévisibles et inattendus grâce à une préparation approfondie et des capacités fondamentales. Il a mis en avant que l'innovation est dans l'ADN du Groupe et a souligné l'importance d'embrasser le changement pour surmonter les difficultés. Un développement notable a été la nomination de José Muñoz en tant que premier PDG non coréen de Hyundai Motor, démontrant ainsi l'engagement de l'entreprise à créer une culture mondiale où le talent peut prospérer indépendamment de son origine.

Le Groupe prévoit de se concentrer sur des investissements stratégiques dans des domaines d'activité clés et de renforcer la collaboration avec ses partenaires tout en continuant à mettre l'accent sur l'innovation et le développement technologique.

Hyundai Motor Group hielt seine jährliche Neujahrsansprache im Hyundai Motorstudio Goyang, wo der Executive Chair Euisun Chung die Vision des Unternehmens für 2025 umriss. Die Veranstaltung präsentierte ein neues Format in Form eines Runden Tisches, um einen tiefgehenden Dialog über das globale Geschäftsumfeld und die strategische Ausrichtung zu ermöglichen.

Chung betonte die Bedeutung, sowohl vorhersehbare als auch unerwartete Herausforderungen durch gründliche Vorbereitung und grundlegende Fähigkeiten anzugehen. Er hob hervor, dass Innovation in der DNA des Konzerns verwurzelt ist und unterstrich die Bedeutung, Veränderungen anzunehmen, um Schwierigkeiten zu überwinden. Eine bemerkenswerte Entwicklung war die Ernennung von José Muñoz zum ersten nicht-koreanischen CEO von Hyundai Motor, was das Engagement des Unternehmens zeigt, eine globale Kultur zu schaffen, in der Talente unabhängig von ihrem Hintergrund gedeihen können.

Der Konzern plant, sich auf strategische Investitionen in die Kernbereiche des Geschäfts zu konzentrieren und die Zusammenarbeit mit Partnern zu verstärken, während er gleichzeitig einen Schwerpunkt auf Innovation und technologische Entwicklung legt.

Positive
  • Appointment of first non-Korean CEO signals global expansion and diversity in leadership
  • Strong performance reported for previous year
  • Strategic focus on core business investments and partnerships
Negative
  • None.
  • Hyundai Motor Group celebrates New Year at Hyundai Motorstudio Goyang, emphasizing open communication with employees at flagship space
    ... Executive Chair Euisun Chung highlights the need to face challenges head on at 2025 New Year's Remarks, strengthening the Group's vision
    ... Key HMG executives held 'roundtable', discussing the future global business environment and the Group's vision following questions from employees
  • Executive Chair Chung underscores the need for perspective in facing difficulty, emphasizing innovation and overcoming challenges is part of the Group's DNA
    ... Preparation and fundamental capabilities are key Hyundai Motor Group assets to help navigate and embrace change
    ... Agile responses to unexpected challenges through flexible processes and a culture of unified action to achieve collective goals
  • Open culture where talent can thrive and teamwork is further strengthened to underscore the Group's resilience and focus on opportunities for growth
    ... Ensuring an environment where creative and enthusiastic individuals can demonstrate their capabilities to the fullest
    ... Investment in key business areas and strategic collaboration with partners

SEOUL, South Korea, Jan. 6, 2025 /PRNewswire/ -- Hyundai Motor Group (the Group) today held its annual New Year's Address, with Executive Chair Euisun Chung outlining the Group's focus for 2025: overcoming challenges through a commitment to innovation, embracing change, and further strengthening teamwork.

Held at Hyundai Motorstudio Goyang, near Seoul, this year's event adopted a new format to drive in-depth dialogue among attendees, discussing the global business environment for the year ahead and the Group's strategic direction.

Executive Chair Chung began by thanking Hyundai Motor Group employees around the world. "We achieved a lot last year," he said. "These achievements were the result of your tireless efforts to deliver the quality, trust and experience our customers expect. I extend my deepest gratitude to you all."

He continued by emphasizing the importance of facing both internal and external challenges over the year ahead, as well as the potential for global growth across the Group's operations by overcoming adversity through its commitment to innovation, further strengthening teamwork, and a proactive approach to creating future opportunities.

"Innovation is in Hyundai Motor Group's DNA. If we continue to embrace change and pursue innovation, we can overcome any test or difficulty we may face," said Executive Chair Chung.

Executive Chair Chung also reinforced Hyundai Motor Group's resilience and its ability to further strengthen its position as a global mobility leader by looking for opportunities in every challenge.

"There is no need to be intimidated by uncertainties ahead. Without challenges, we risk becoming complacent, which presents a bigger danger. We cannot assume success in 2025 simply because of our strong performance last year. But we should also not be pessimistic as a defensive mindset can stifle innovation. Challenges can sharpen awareness and drive action – Hyundai Motor Group has successfully navigated challenges in the past and emerged stronger. We will do the same again."

Addressing challenges and creating opportunities

Executive Chair Chung categorized two types of challenges the Group is facing – 'predictable' and 'unexpected' – and outlined strategies for overcoming both.

He stressed that thorough preparation is key in overcoming predictable challenges, adding that "It's not simply about eliminating risks, but about a comprehensive understanding of the background, context, and historical trends to create opportunities for future growth."

Chung continued by highlighting the importance of fundamental capabilities as a key factor in addressing unexpected challenges, including flexible and open processes, a culture of objective analysis and agile response, and continuous, unified action to achieve the Group's shared goals.

With the appointment of José Muñoz as Hyundai Motor's first non-Korean CEO, Executive Chair Chung emphasized this milestone as "a clear expression of our commitment to innovation", reiterating the Group's dedication to creating a global culture where talented individuals are recognized and can thrive regardless of their nationality, gender, seniority or background.

Executive Chair Chung closed the Group's 2025 New Year's Address by highlighting that "We must expand our strong commitment to innovation," linking leadership in industrial change and technological development, strategic investment in core areas for the Group, and collaboration with other partners when necessary.

"Our greatest asset is our people. Their talent and resilience mean we do not retreat when we face adversity – we innovate," said Executive Chair Chung, closing the roundtable. "We embrace challenges as opportunities to grow stronger and to shape a brighter, more sustainable future. We will continue to work together in 2025 to further strengthen Hyundai Motor Group's collective vision."

More information about Hyundai Motor Group can be found at: http://www.hyundaimotorgroup.com

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SOURCE Hyundai Motor Group

FAQ

What is Hyundai Motor Group's (HYMTF) strategic vision for 2025?

Hyundai's 2025 vision focuses on overcoming challenges through innovation, embracing change, and strengthening teamwork, with emphasis on strategic investments in core business areas and global partnerships.

Who is José Muñoz and what is his significance to HYMTF?

José Muñoz is Hyundai Motor's first non-Korean CEO, representing a significant milestone in the company's commitment to innovation and creating a global corporate culture.

How does HYMTF plan to address business challenges in 2025?

HYMTF plans to address challenges through thorough preparation for predictable challenges and developing fundamental capabilities for unexpected challenges, including flexible processes and agile responses.

What are the key investment priorities for Hyundai Motor Group (HYMTF) in 2025?

The Group will focus on strategic investments in core business areas, technological development, and collaborative partnerships to drive industrial change and innovation.

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