Hyundai’s Chung Family Wins Centennial Award

Dubai, August 25, 2025 – Executive Chair Euisun Chung, along with his father Mong-Koo Chung and grandfather Ju-yung Chung, has been honored with the Automotive News Centennial Award for their remarkable impact on the global auto industry.

Under Euisun Chung’s leadership since 2020, Hyundai Motor Group — including Hyundai, Kia, and Genesis — has become one of the world’s top three automakers. His vision has accelerated advancements in electrification, autonomous driving, robotics, and sustainability.

Chung emphasized innovation that improves lives, crediting the success to employees, partners, and customers. During his tenure, Hyundai and Kia won 12 World Car Awards, including consecutive World Car of the Year titles since 2022.

KC Crain, President of Crain Communications, praised the Chung family’s three-generation legacy of innovation and excellence, highlighting Euisun’s role in transforming Hyundai into a global leader. Chung’s leadership has also earned him titles like MotorTrend’s Person of the Year (2023) and Newsweek’s Visionary of the Year (2022).

A Legacy of Innovation and Leadership in Mobility

The Automotive News Centennial Award has honored three generations of the Chung family — Founding Chairman Ju-yung Chung, Honorary Chairman Mong-Koo Chung, and current Executive Chair Euisun Chung — for their profound impact on the global auto industry.

Ju-yung Chung laid Hyundai’s foundation with a belief that

“Nothing is impossible,” driving Korea’s industrial rise. His son, Mong-Koo Chung, spearheaded Hyundai and Kia’s global expansion, emphasizing quality and reliability. Today, Euisun Chung builds on this legacy, focusing on innovation, sustainability, and customer-centric growth.

“I learned from my grandfather to follow the times and listen to people,” said Euisun Chung. “My father showed me the value of global vision, quality, and fundamentals.”

Under Euisun Chung’s leadership, Hyundai Motor Group has emerged as a leader in electrification, software-defined vehicles, and future mobility solutions.

About the Centennial Awards

As part of Automotive News’ 100th anniversary, the Centennial Award recognizes visionary leaders and families who have redefined global mobility through long-term innovation and strategy. The award will be presented at the Automotive News Congress in Detroit on September 11, 2025, where Euisun Chung will join KC Crain for a keynote conversation.

Other honorees include Hyundai’s Chief Creative Officer Luc Donckerwolke for his contributions to global automotive design, as well as Peter Schreyer and Giorgetto Giugiaro for their lasting design influence.