Hyundai executive shuffle sees US CEO Kyung Soo Lee depart

Hyundai executive shuffle sees US CEO Kyung Soo Lee depart

5 years ago
Anonymous $ZPWJA6-QD2

https://www.cnet.com/roadshow/news/hyundai-motor-america-ceo-departs/

In the US, Hyundai and sibling brand Kia have been asked to testify before a Senate committee about reported engine fires. And through the end of September, combined Hyundai and Genesis sales were down almost two percent year-to-date.

Overseas, Hyundai also moved two high-profile executives. Thomas Schemera, who came from BMW's M performance brand to work on Hyundai's N performance offerings, will instead now be responsible for product planning of autonomous, connected and electrified vehicles, Automotive News reported. Hyundai offers the Veloster N and i30 N and is planning to launch more N-brand vehicles in the future.