CANBERRA – Hyundai Motor Co. Ltd. is taking direct control of its distribution in Australia, purchasing Hyundai Automotive Distributors Australia Pty. Ltd. from Cycle & Carriage Ltd. and its subsidiary Cycle & Carriage (Australia) Pty. Ltd. Bong Gou Lee, 54, a senior Hyundai Motor executive and previously executive director-sales and marketing for Hyundai Motor India, is named CEO of the new company, Hyundai Motor Co. Australia Ltd. "The establishment of HMCA signals a new era ...

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