Chung Mong-koo, chairman of Hyundai Motor Group, will be the first Korean to be inducted into the Automotive Hall of Fame, which shines on the world's highest authority in the auto industry.
According to Hyundai Motor Group on Feb. 7, the U.S. Automobile Hall of Fame, established in 1939, selects the "Hall of Fame Induction" and "Industry Leader of the Year" and the "Distinguished Service Citation" awards every year. Starting this year, it has added Mobility Innovator.
In particular, the most prestigious award is the Hall of Fame Induction which is given to those who play a crucial role and contribute to the development of the auto industry and mobility based on their outstanding achievements that will last forever in the history of the world’s automobile industry.
Major winners include 1967 Ford founder Henry Ford, 1969 inventor Thomas Alva Edison, 1984 Benz founder Karl Friedrich Benz, 1989 Honda founder Soichiro Honda, and 2018 Toyota Motor founder Kiichiro Toyota.
This year's awards ceremony is scheduled for July in Detroit.
“Chung Mong-koo is a leader in the industry that has placed Hyundai Motor Group on the bandwagon of success, and Chung’s numerous achievements, including the successful revival of Kia Motors, expansion of global production bases and the establishment of a high-efficiency business structure, are in line with legendary figures in the automotive industry,” said the Automobile Hall of Fame.
Chung won the "Car Industry Contribution Award" from the "Automotive Hall of Fame" in 2001, and he is once again credited with his contribution to the global auto industry.