HMG Honorary Chairman Mong-Koo Chung
Inducted Into Automotive Hall of Fame at Official Ceremony
- Honorary Chairman Mong-Koo Chung becomes the first Korean to receive the accolade, industry’s top honor
The Automotive Hall of Fame selected Honorary chairman Mong-Koo Chung as the "2020 Hall of Fame inductor" in Feb 2020. In last July, he was officially inducted into the Hall of Fame, becoming the 1st Korean ever to do so.
The Honorary chairman is an entrepreneur who placed Hyundai Motors among the top 5 in the world, led the acquisition of Kia and recorded a turnaround in the 1st year of acquisition, and launched the first and only automotive group in Korea with a passion for quality and technological independence. He is a legendary icon both in Korea and globally and has made significant accomplishments in the automotive sector which well deserves recognition.
HMG Chairman, Euisun Chung, attended the official induction ceremony which took place in Detroit on July 22, in person and delivered a speech on his father's behalf.
“My father continued the legacy of my grandfather Ju-Yung Chung, who founded Hyundai. He expanded the Group’s presence globally and continued to pursue excellence in quality. He made the Group something that employees and customers can all be proud of.”
Chairman Chung also did not forget to mention his vision for the future.
“As Hyundai embraces the challenges and the opportunities of the 21st century, we will continue to strive for excellence, challenge convention and lead the evolution of smart mobility. We will realize progress for humanity.” said the Chairman.
The Automotive Hall of Fame was established in 1939 to honor notable business leaders who have contributed significantly to the advancement of the automotive industry and mobility.
They honored nearly 800 business leaders such as Ford Motor founder Henry Ford, American inventor Thomas Edison, Mercedes-Benz founder Karl Benz, Honda Motor founder Soichiro Honda and Toyota Motor founder Kiichiro Toyoda.
The Automotive Hall of Fame previously honored Honorary Chairman Mong-Koo Chung with the Distinguished Service Citation Award in 2001.
Honorary Chairman Mong-Koo Chung has been recognized and celebrated through various awards over the years, including Korea Management Association's CEO of the Year Award (1996), Business Week's Auto CEO of the Year (2004), Automotive News' Top Automotive CEO in Asia (2005), Van Fleet Award (2009) and Harvard Business Review's "The CEO 100."
Check out more photos from the honorary ceremony!
And for more details of the induction & award ceremony, click on the link below: