Daiichi Sankyo Stock Drops After Earnings Delay and Oncology Review 
Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture 
Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting 
Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs 
USDA Plans to Expand Farmer Surveys to Improve Crop Report Accuracy 
Hyundai Plans 20 New Models in China to Boost EV Strategy and Market Share 
Oil Prices Steady as U.S.-Iran Talks Ease Tensions Despite Strait of Hormuz Disruptions 
U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets 
U.S.-Iran Conflict Stalls as Diplomatic Efforts Collapse and Global Oil Tensions Rise 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Indonesia Fiscal Deficit Outlook: Fitch Signals Flexibility Amid Middle East War Risks 
Iran-Pakistan Diplomacy and Strait of Hormuz Tensions Push Oil Prices Above $100 
Oil Prices Rise as U.S.-Iran Tensions and Strait of Hormuz Disruptions Persist 
New Zealand Economy Faces Short-Term Pressure but Recovery Remains on Track 
Tesla Earnings Beat Expectations as EV Growth Holds Amid Robotics and AI Shift 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
Gold Prices Edge Higher on Weak Dollar but Face Weekly Loss Amid Oil-Driven Inflation Fears 
Hyundai Mobis, the car parts and service arm of Hyundai Motor Company, announced it recruited two former executives who worked for Mistubishi and Mazda Motor. The company said on Wednesday, April 27, that it hired Yukihiro Hattori and Ryoichi Adachi to be its Japanese unit’s president and vice president, respectively.
Under the leadership of the newly-appointed directors of Hyundai Mobis Japan, they are expected to work on boosting sales and orders there. As per The Korea Herald, Hattori was also Mitsubishi Motors’ director of purchases before he was hired, while Adachi worked for Mazda Motor and focused on supervising purchases in that company.
The two will now be overseeing sales and orders in the Japanese market as part of their job at Hyundai Mobis Japan. The Korean auto parts firm said that its latest recruitment is part of its business strategy for improving local sales overseas.
Currently, Hyundai Mobis is also running Key Account Management in big cities in North America, Europe, and China. For these regions, the company has already tapped local executives to manage the business with local customers.
In Japan, Hyundai Mobis is continuing to expand its presence in the market while also looking for fresh business opportunities as the auto trend shifts toward advanced future mobility. At this time, the company is supplying chassis, lamps, and in-vehicle infotainment systems to leading Japanese carmakers.
“They have over 40 years of experience in Japanese automobile and auto component companies being responsible for notably design and purchase, and thus have a wealth of expertise in the field as well as a valuable local network,” Hyundai Mobis said in a press release in connection with Hattori and Adachi’s appointment.
The company added, “They are said to have not only outstanding skill in their jobs but also deep insight into the characteristics and fluctuations of the Japanese car market and by recruiting two experts, Hyundai Mobis will strengthen its customized sales and order intakes in Japan.”
Meanwhile, Yonhap News Agency reported that the demand for auto parts in Japan is quite high since three major carmakers are located there, and these are Nissan Motor, Honda Motor, and Toyota Motor. This is why Hyundai Mobis’ move to recruit experts in business is crucial.
