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Geely to Acquire 34% of Shares in Renault Korea Motors =

In January 2022, Geely Auto parent company, Geely Holding Group and Renault Group jointly announced a collaboration to bring an all-new product portfolio of fuel-efficient hybrid electric vehicles (HEV) and internal combustion engine (ICE) models to the South Korean market.

Hyundai Motor Company Expands Executive Responsibilities

Hyundai Motor Company recently announced that president and COO Jose Munoz would be taking on more responsibilities to drive greater performance and lead global talent acquisition & management to recruit and retain core talent in new technology-based businesses. He will also lead global sales, service, and product planning as part of the Global Business Operations Division.

GM Creates New Commercial Division

Steve Hill is set to lead the new Commercial Growth Strategies and Operations organization, overseeing GM's cross-brand retail and fleet sales, electric vehicle operations, and commercialization of future business opportunities.

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