Hyundai Mobis combines electrification, module divisions

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Hyundai Mobis combines electrification, module divisions - Korea Economic Daily

Quick Summary:

The leading South Korean automaker Hyundai Motor Group’s unit reorganized the current five divisions – electrification, module, chassis safety, automotive electronics and service part departments – to electrification and module, chassis safety, lamp, automotive electronics and service component arms effective from July 1, according to the company.

SIMPLIFIES R&D ORGANIZATIONHyundai Mobis simplified the organization of its research and development division into the offices and teams from the current labs, sectors and cells to improve the department’s business and organizational efficiency.“The division is expected to deal with changes more quickly as its structure was simplified,” said a company official.

The company, known as Mobis in overseas markets, separated the lamp business from the chassis safety unit to create a new division, given the sustained growth in the global automotive exterior lighting industry.