Hyundai North American president and CEO John Krafcik will step down from his current role next week at the completion of his contract.
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Despite all the success that Hyundai has achieved in various forms of motorsports in North America, the Korean automaker has decided to reassess its involvement in racing after the 2012 season.
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Hyundai North America CEO John Krafcik reaffirmed, in an interview with Fox News, that the Korean automaker doesn’t intend to join the truck market but will look instead into the six and seven passenger crossover segment. With vehicles in over a dozen automotive segments, Hyundai is seeing success in both the pre- and post-family stages, but...
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Hyundai is embarking on a $150 million expansion of its Orange County, California headquarters, allowing it to double in size from 700 to 1400 employees. “This investment ensures that Orange County will remain U.S. hub, with our headquarters in Fountain Valley, for the foreseeable future,” said John Krafcik, president and CEO, Hyundai Motor America. “The...
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