Hyundai Motor Group Receives Prestigious Automotive News Centennial Award for Leadership Excellence

Hyundai Motor Group Honored with Automotive News Centennial Award

Hyundai Motor Group's Executive Chair, Euisun Chung, alongside his family members—Founding Chairman Ju-yung Chung and Honorary Chairman Mong-Koo Chung—has recently earned the prestigious Automotive News Centennial Award. This accolade celebrates their remarkable vision and leadership, which has significantly influenced and advanced the global automotive landscape.

The Automotive News Centennial Awards were established to recognize individuals who have made substantial contributions to the automotive industry over the past century. The recognition comes as the automotive sector continues to evolve rapidly with new technologies and trends, making the contributions of the Chung family even more noteworthy.

The award ceremony is set to take place on September 11th at the Automotive News Congress in Detroit, where Euisun Chung will also be participating in a keynote discussion. His insights and experiences in steering Hyundai Motor Group towards innovation have been pivotal. Under his leadership, the Group has emerged as a global leader among automotive manufacturers, emphasizing sustainable solutions and smart mobility.

Since becoming Executive Chair in October 2020, Chung has worked tirelessly to propel Hyundai Motor Group into the top tier of automakers globally. This achievement is a testament to his dedication and strategic vision, which builds on the solid legacy established by his father and grandfather. Chung has articulated a clear and ambitious focus, placing customer needs and innovation at the core of the Group’s operations.

In a recent statement, Chung remarked, “I am honored to receive this Automotive News Centennial Award and the recognition from such a respected voice in our industry. I have always believed that innovation must serve humanity, and that progress is only meaningful when it improves people’s lives.” His words echo the ethos he has instilled within the organization, whereby every innovation aims to enhance the quality of life.

Hyundai Motor Group has made significant strides in various sectors, including electrification and hydrogen fuel cell technology. The Group has boldly ventured into software-defined vehicles, robotics, and autonomous driving, ensuring that it stays at the forefront of automotive advancements. These efforts have not only increased their market footprint but have also contributed to a sustainable future in transportation.

Moreover, under Euisun Chung’s command, Hyundai Motor and Kia’s vehicles have garnered an impressive collection of awards—totaling 12 World Car Awards, including four consecutive World Car of the Year titles from 2022 through 2025. Models such as the Hyundai IONIQ 5, IONIQ 6, and Kia EV9 are just a few examples of the innovative vehicles that have emerged during this period, further solidifying the brand’s repute for quality and excellence.

KC Crain, the President and CEO of Crain Communications and Publisher of Automotive News, highlighted the importance of the Chung family’s contributions, stating, “For three generations, the Chung family has shaped the global automotive industry through vision, innovation, and an unwavering commitment to excellence.” His acknowledgment showcases the enduring influence and legacy of the Chung family in the automotive sector.

Cultural transformation has also been a focal point during Chung's leadership, ensuring that a collaborative and open environment empowers talent throughout the Group's global network. Encouraging this culture has helped attract and retain top talent, further driving innovation.

Chung’s leadership has not only resulted in industry accolades but also recognition in prestigious circles. He was honored as “Person of the Year” by MotorTrend in 2023 and awarded “Visionary of the Year” by Newsweek in 2022, which underscores his status as one of the leading lights in the automotive industry.

As Hyundai Motor Group continues to pursue innovation, the recognition from Automotive News cements their position as a key player in global mobility, illustrating the Group’s commitment to excellence and forward-thinking approaches that benefit both customers and the broader community. For more information about their ongoing endeavors, visit Hyundai Motor Group.