Resignation of the President of Hyundai in the U.S.
John Krafcik, the president and CEO of Hyundai America, will resign by the end of the year, the company announced Friday. It will be replaced by David Zuchowski, the current executive vice president of sales, who joined the company in February 2007.
When Mr. Krafcik became president of americaines activities in 2008, cars were now far to attract attention and often fell down. During his tenure, he introduced the improvements in terms of quality, style and energy efficiency to help increase sales.
The automaker had already begun to change before the arrival of Mr. Krafcik, providing a guarantee of 10 years or 160 000 km with its cars. But the transformation of turkey stuffing a major player has gained momentum under his leadership.
Mr. Krafcik has also not just focus on the engine, but also the way people use their cars as personal space.
In an interview given in 2012 to the Associated Press, he stated as "find space for objects people was one of the priorities."
However, the company through a difficult period in early 2013 when its plants have reached their maximum production capacity. This ended up costing a Hyundai sales.
In the United States, sales have increased by only 1.9 percent in the first half, less than a quarter of the 8.4 percent average growth of the industry.