Euisun Chung Named 2023 Person of the Year by Motor Trend
Recognition for Euisun Chung
Today, Euisun Chung, the CEO of Hyundai Motor Group, was honored with the Person of the Year award from Motor Trend after ranking first on the list of the "Most Powerful and Influential People" for 2023.
The Most Powerful and Influential People List
Each year, Motor Trend ranks over 50 influential figures in the global automotive industry. Over the past five years, Chung has steadily climbed from his first appearance at number 12 in 2018 to fifth place in 2022, and now to first place in 2023.
Person of the Year
Motor Trend selected Chung as "Person of the Year" for "leading Hyundai Motor Group into a new era." The publication highlighted the exceptional quality of vehicles developed under Chung's leadership, stating:
- The cars from Hyundai Motor Group feature striking designs.
- They offer outstanding quality and smart inclusivity.
- They provide excellent value, increasingly proving difficult to surpass.
Motor Trend Awards
This recent recognition follows Motor Trend's awards for the group's models, which included:
- The Genesis G90, praised as the brand's Car of the Year for 2023.
- The Hyundai Ioniq 5, awarded the SUV of the Year for 2023.
Previously, both the Genesis GV70 and Kia Telluride received similar honors. Motor Trend affirmed: "Hyundai, Genesis, and Kia have all demonstrated their pursuit of outstanding performance."
Chung's Vision for the Future
In addition to his strategic planning that has led to the group's current success, Motor Trend commended Chung's vision for the future. The publication recognized his ability to think "big picture" and anticipate solutions that are traditionally outside the automotive industry's scope.
Motor Trend noted: "Chung, as CEO, is leaving his mark on the company's future. His awareness of the direction the world and the industry are headed, combined with his desire to make the planet a better place, fuels a broader mission for leadership in electric vehicles and advanced mobility."
Other Notable Figures on the List
Other notable names on Motor Trend's "Most Powerful and Influential People" list include:
- Luc Donckerwolke, Chief Creative Officer of Hyundai Motor Group (3).
- José Munoz, President and CEO of Hyundai Motor North America (10).
- Sang Yup Lee, Executive Vice President and Head of the Hyundai Global Design Center (28).
- Karim Habib, Executive Vice President and Head of Global Design at Kia (44).
Previous Honors
Chung's forward-thinking has previously earned him:
- The Visionary of the Year award from Newsweek in 2022.
- The prestigious Issigonis Award at the Autocar Awards in 2021.
Chung's Commitment to Success
Earlier in January, during the New Year City Council meeting at the Namyang Research and Development Center, Chung reaffirmed his ongoing commitment to the group's success. He urged everyone within the organization to spare no effort in delivering the best products and services to their customers.
Chung asserted: "We must face challenges with confidence, and positive results should lead to stronger trust. There is no great product or perfect technology without our customers' trust." He added: "Quality is a priority for all of us. Every team and employee must prioritize quality and the customer above all else."
Conclusion
The 2023 list of "Most Powerful and Influential People" by Motor Trend is available online today and will be published in the March print edition.
