January 5, 2005 |
Finbarr O'Neill, the automotive turnaround whiz hired 16 months ago to work his magic on ailing Mitsubishi Motors North America Inc., has resigned after a yearlong plunge in the company's sales. The Cypress-based unit of Japan's Mitsubishi Motors Corp. named Rich Gilligan, head of its North American manufacturing operation, to replace O'Neill as president and chief executive. Industry analysts said O'Neill's departure wasn't likely to signal the demise of Mitsubishi in the U.S.
September 3, 2003 |
Hyundai Motor America Inc. said that Robert F. Cosmai, former vice president of national sales, has been appointed to serve as acting president and chief executive. Cosmai fills a vacancy created last week when Finbarr O'Neill, president of the Fountain Valley-based U.S. arm of South Korea's Hyundai Motor Corp. since 1998, quit to become head of troubled Mitsubishi North America in Cypress.
January 20, 2005 |
Mitsubishi Motors Corp., whose U.S. auto sales have dropped by more than half in two years, hired a Michigan-based turnaround specialist to revive its North American automotive business. Mitsubishi brought in AlixPartners to advise executives over the next several months, said Dotty Diemer, a spokeswoman for Cypress-based Mitsubishi Motors North America. Japan's fifth-largest automaker this month promoted Rich Gilligan, 61, to run its North American sales and production unit after the Jan.
March 6, 1999 |
Hyundai Motor America said it has shelved plans to import a minivan for that already crowded niche in the U.S. market and instead will focus on marketing the sport-utility vehicle it will introduce here in the spring of 2000. Finbarr O'Neill, president of the Fountain Valley-based U.S. arm of South Korea's largest car maker, said the minivan was abandoned because it was designed for the European and Asian markets and simply was not good enough for the more competitive U.S. market.
December 2, 2003 |
Mitsubishi Motors Corp. said Greg O'Neill, president and chief operating officer of its North American sales unit, resigned for unspecified reasons. O'Neill, who joined the fourth-largest Japanese automaker in 1998, is to leave Mitsubishi Motors North America on Dec. 31, the company said. Tokyo-based Mitsubishi has seen its U.S. sales drop 22% this year through October, the largest such drop among major brands. It's struggling to revamp its Cypress-based U.S.
January 24, 2001 |
As auto makers arm themselves for a fierce battle to simply maintain market share in a year of tumbling sales, Hyundai Motor Co. of South Korea has been handed the equivalent of a small nuclear weapon for its arsenal: Consumer Reports magazine has rated Hyundai's compact Elantra sedan as one of the best small cars in the United States. The rating underscores how once-reviled South Korean auto makers are overcoming American buyers' concerns about product quality. U.S.