2023-06-09 09:02:24
[딜사이트 최보람 기자] Kolon Mobility Group, a foreign car dealership, decided to split the sales headquarters of the BMW and MINI brands into business companies. It is a dimension to improve the efficiency of decision-making through independent management.
Kolon Mobility Group held a board of directors meeting on the 9th and announced on the same day that the company would be split into Kolon Mobility Group and Kolon Motors (tentative name). After the split, Kolon Mobility Group will control six foreign car dealers, which are subsidiaries, and the new corporation will sell and maintain BMW/MINI and engage in auto care business. The cut-off date is September 1st.
The purpose is management efficiency. It plans to subdivide business strategies for each brand and establish a governance system to enable prompt and professional decision-making. Previously, Kolon Mobility Group established a business structure so that these companies can continue their business activities independently by having five subsidiaries, including Audi dealer ‘Kolon Auto’ and Volvo car dealer ‘Kolon Automotive’, as subsidiaries.
A company official explained, “It is to facilitate intensive investment in core businesses through specialization of each business sector.” “We are not considering an IPO or sale at all,” he added.
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