Hyundai Motor’s two Vice Chairmen Incharge of Research & Development Offered to Resign

: Hyundai Motor`s two R&D vice chairmen offer to resign - sources.

AUTOMOBILE: Hyundai Motor’s two vice chairmen in charge of research and development, Yang Woong-chul and Kwon Moon-sik, have offered to resign, three people familiar with the matter said today.

Hyundai Motor President Albert Biermann is likely to be named chief of the automaker’s research and development (R&D) division, the people told on condition of anonymity as they are not authorized to speak to media.

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