Hyundai Motor India has reappointed Unsoo Kim as managing director for a three-year term, starting from January 25, 2025.
The company's board of directors approved Kim's reappointment as managing director for the next three years, effective January 25, 2025, as stated in an exchange filing.
Kim, who joined Hyundai Motor Company, in South Korea, in 1991, has been associated with Hyundai Motor India since 2002. He led Hyundai India through listing earlier this year following the biggest initial public offering in the country’s history.
Before taking up the leadership position at Hyundai Motor India, Kim led Hyundai Motor Company as executive vice president - global operations.
Hyundai Motor India Limited's (HMIL) total sales declined 7 percent year-on-year to 61,252 units in November. HMIL reported total sales of 61,252 units in November 2024, comprising 48,246 domestic sales and 13,006 exports.
In October 2024, HMIL reported monthly sales (domestic + exports) at 70,078 units, marking a 1.96% YoY growth from 68,728 units sold in Oct 2023.
In October 2024, HMIL reported total sales (domestic + exports) of 70,078 units, reflecting a 1.96% year-on-year growth from 68,728 units sold in October 2023.
In November 2024, SUVs remained the dominant force in domestic sales, making up 68.8% of the total. Notably, HMIL achieved its highest-ever rural market contribution of 22.1%, showcasing strong penetration into India's rural areas.
The Hy-CNG Duo technology also played a key role in boosting CNG vehicle sales, which accounted for 14.4% of the total