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ISSN 1557-7686 (online), Fixed Ops Journal Also, Mr. Muoz will lead global talent acquisition & management to recruit and retain core talent in new technology-based businesses. Automotive News adds that producing the new Hyundai electrified vehicles in Alabama will require an investment of some $300 million. If you disable this cookie, we will not be able to save your preferences. "The customers who know the brand have a similar image toward it as Honda and Toyota" in terms of product, he said. In this capacity, Muoz is responsible for driving. December 16, 1993: Signed as a Free Agent with the Boston Red Sox. Improving the retail experience is also critical to the goal of reaching combined U.S. sales of 1 million vehicles by the middle of the decade. Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news thats vital to your business. SEOUL/Fountain Valley, Calif, May 02, 2022 - Jose Munoz, President & COO of Hyundai Motor Company (HMC), has joined HMC's board of management. Last year, the two brands sold 710,004. View the profiles of people named Jose Munoz. He will start on May 1 and be based in Fountain Valley, California. Jose is currently Global Chief Operating Officer at Hyundai Motor Company, located in Seoul, Seoul, South Korea. The first department, called Product Director Office, will determine the best markets for a new vehicle before it launches, as well as what capabilities and trims it needs in specific markets. He joined Nissan in 2004 and during his 15 years at the automaker led significant growth and record sales in the regions he managed. "Jose is a definitely proven leader and we expect his expanded role will greatly enhance our global operational excellence," Hyundai Motor Co. CEO Jaehoon Chang said in a statement. Hyundai sold 619,925 vehicles in the U.S. last year, a 10% decline largely blamed on the pandemic. The head of Samsung Electronics Co's 005930.KS mobile business, J.K. Shin, received a $5.8 million compensation package last year, beating the paycheck of his counterpart, Tim Cook at U.S. rival Apple Inc AAPL.O. Leverage your professional network, and get hired. Eso slo lo consigue Toyota con 257.000 millones. Nov 21, 2022 at 8:27am ET. Jose Munoz - President for Hyundai Motor America Corporation In his new role, he . It has been operating a small fleet of robotaxis in Las Vegas through the Lyft network and most recently Via, a digital transit provider. Because compensation under the new plan is tied to sticker price generally, rather than a flat rate, that encourages dealers to sell higher trims and increases the average transaction price for Hyundai and Genesis, said Brian Smith, COO of Hyundai Motor America.