A key supporter of the Trump administration’s agenda during its first term, Ferguson brings both insider knowledge of legislative processes and longstanding ties to the manufacturing heartland of the American South – including Georgia, home to Hyundai’s $5.5 billion electric vehicle and battery complex, Hyundai Motor Group Metaplant America (HMGMA).“Ferguson’s deep understanding of US policymaking and his familiarity with Hyundai’s investments in Georgia make him a natural choice to lead the company’s Washington office,” said a person familiar with the appointment.“He is expected to play a crucial role in shaping the group’s engagement in next-generation mobility sectors such as robotics and urban air mobility.”Hyundai previously relied on Robert Hood, former assistant secretary of defense for legislative affairs, and Christopher Wenk, a former senior policy official at the US Chamber of Commerce, to split its US lobbying duties between Hyundai and Kia.
Hyundai Motor Group has appointed former Republican Congressman Drew Ferguson as head of its Washington office, a strategic move designed to bolster the South Korean automaker’s influence in its most important overseas market.
Last November, Hyundai Motor named José Muñoz, global chief operating officer and head of its North and South American operations, as the automaker’s first non-Korean CEO.
The story "Ex-US Congressman Drew Ferguson to head Hyundai's Washington office" has 559 words across 22 sentences, which will take approximately 3 - 5 minutes for the average person to read.
Which news outlet covered this story?
The story "Ex-US Congressman Drew Ferguson to head Hyundai's Washington office" was covered 6 days ago by Korea Economic Daily, a news publisher based in South Korea.
How trustworthy is 'Korea Economic Daily' news outlet?
Korea Economic Daily is a fully independent (privately-owned) news outlet established in 1964 that covers mostly economy news.
The outlet is headquartered in South Korea and publishes an average of 6 news stories per day.
It's most recent story was published 3 hours ago.
What do people currently think of this news story?
The sentiment for this story is currently Positive, indicating that people regard this as "good news".
How do I report this news for inaccuracy?
You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.