Hyundai is another potential NDA customer for BRN. Hyundai...

Hyundai is another potential NDA customer for BRN. Hyundai Mobis, which deals with all of the technology (ADAS, electric cars etc.) have hired a previous Senior VP of Valeo. In particular note all of the previous companies he has worked at (they have all been mentioned by LDN in the past). He has direct contact with the CEO and is the first high ranking non-Korean Exec member. He must have a lot of valuable knowledge and contacts to be offered such an important position.

Pure speculation, DYOR.

– Axel J. Maschka becomes Executive VP for the company, reporting to CEO
– Served as former Senior VP at Valeo, Volvo, Bosch, Continental, and etc
– First non-Korean C-Level executive with 30+ years of experience, expecting growth of global sales


[Seoul, Korea, November 15th, 2020] Hyundai Mobis (KRX: 012330) announced on 15th that the company has hired executive vice president, Axel J. Maschka as head of the Global Sales Division. Previously Mr. Maschka served as a senior VP and Executive Committee member at Valeo in charge of Sales and Business Development.

Mr. Maschka has spent 30 years in the automotive industry after graduating from the University of Stuttgart in electrical engineering including a two years tenure at Telecom Paris Tech. German native, Mr. Maschka has worked in various automakers and suppliers including, Volvo, Mercedes-Benz, Bosch, and Continental. Recently, in France, he served as a founder and CEO at AMA-ADVISORS, a consulting firm to represent the new scope towards the e-mobility transition.

Hyundai Mobis is known to have set a high value on his outstanding management performance and his ability to understand global markets. Mr. Maschka also contributed as a BOD and Steering Committee member at CLEPA, the European Automotive Supplier Association.

In his new role as head of global sales in Hyundai Mobis, Mr. Maschka will lead and expand the division to receive orders from European, North American, and Chinese automakers by taking advantage of the current transformation of the automobile industry towards connected autonomous and electric vehicles. Hyundai Mobis, global No.7 parts suppliers, has been continuously increasing sales from non-Hyundai/Kia automakers.

Meanwhile, Mr. Maschka is the first non-Korean executive to be hired by Hyundai Mobis in the non-R&D area. In addition he is the highest-ranking foreign executive, level C, and will directly report to CEO of Hyundai Mobis.

https://www.google.com/amp/s/www.companynewshq.com/company-news/automotive-company-news/hyundai-mobis-appoints-axel-maschka-as-global-sales-head/amp/