Hyundai Motor India on 5 March 2012 appointed Bo Shin Seo as the new managing director of company. Bo would replace Han Woo Park for the top position. Park would return to Korea as chief financial officer of Kia Motors, in which Hyundai acquired a majority stake in 1998.
Hyundai India, country’s second largest carmaker and the largest car exporter has been facing a tough competition in the India as most of the global carmakers are trying hard to get their position cemented in the growing Indian car market.
Bo, prior to this assignment, was holding the position of executive director Production. He held the position for two years.
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