Hyundai Motor Appoints Randy Parker as CEO for US Operations

Seoul: Hyundai Motor, South Korea's greatest carmaker, stated on Friday it has named a brand new chief government for its US operations amid the extended chip scarcity. Hyundai has promoted Randy Parker to be CEO of Hyundai Motor America, efficient from August 1. He shall be accountable for Hyundai's industrial automotive operations within the US market, the corporate stated in a press release. 2023 Hyundai Venue Facelift Subcompact SUV Launched in India at Rs 7.53 Lakh.

Parker will report back to Jose Munoz, president and CEO of Hyundai Motor America, stories Yonhap information company.

"Randy is the proper individual to proceed Hyundai's latest successes in gross sales, market share and progress within the US," Munoz stated.

In Might 2019, Parker was named vp of nationwide gross sales at Hyundai Motor America and was promoted to senior vp in February 2021. Throughout his tenure, Hyundai turned one of many quickest rising mainstream manufacturers on this planet's most essential car market, attaining document retail gross sales in 2021.

Hyundai's U.S. gross sales jumped 19 per cent to 738,081 automobiles in 2021 from 622,269 models a 12 months earlier. From January to June, nonetheless, its U.S. gross sales fell 16 per cent to 343,867 autos from 407,135 throughout the identical interval of final 12 months as a result of extended pandemic and chip shortages.

(The above story first appeared on SociallyKeeda on Jul 29, 2023 03:10 PM IST. For more information and updates on politics, world, sports activities, entertainment and life-style, go online to our web site SociallyKeeda.com).