January 18, 2006 |
South Korean automaker Hyundai Motor Co. on Tuesday named O.S. Koh as president and chief executive of the company's U.S. division. Koh replaces Robert Cosmai, who had been president and CEO since 2003. In an interview, Cosmai would say only that he and Hyundai "have ended our relationship." A spokesman for Hyundai wouldn't elaborate. Cosmai said Hyundai saw five years of record U.S.
September 8, 2003 |
At Hyundai Motor America Inc., two things have been on the rise: monthly sales figures and the number of executives walking out the door. After struggling for 15 years in the United States, Hyundai has enjoyed soaring sales, thanks to an aggressive marketing campaign, sharper vehicle designs and improved product quality. But this success hasn't stopped an executive exodus from the South Korean automaker's U.S. headquarters in Fountain Valley. Since May, four top executives have quit.
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.
September 1, 2003 |
Mitsubishi Motors Corp., hoping to end an alarming sales slide, has replaced longtime North American Chief Executive Pierre Gagnon with Finbarr O'Neill, the man credited with engineering rival Hyundai Motor Co.'s unprecedented turnaround in the United States. Officials at Cypress-based Mitsubishi Motors North America confirmed the management change Sunday. Representatives of Hyundai Motor America Inc., based in Fountain Valley, could not be reached for comment.
CALIFORNIA | LOCAL
April 23, 2003 |
Fountain Valley-based Hyundai Motor America kicked off a campaign Tuesday to raise $100,000 to save one of the city's elementary school music programs endangered by state budget cuts. The company said at the district's annual arts festival fund-raiser that it will match each dollar raised by other businesses and community members up to $50,000. The Fountain Valley School District is bracing for up to $2 million in state cuts to next year's $42-million budget.
March 3, 2003 |
In the global auto industry, the lines between competitors and collaborators have become increasingly blurred over the years. A Los Angeles judge is set this week to decide whether, in at least one instance, things have gone too far. The case stems from a wrongful termination suit filed by a veteran South Korean auto executive, who has alleged that automakers Hyundai and Kia violated U.S. antitrust laws by conspiring on pricing and marketing plans to avoid competing with each other.
October 30, 2002 |
Finbarr O'Neill, Hyundai Motor America's chief executive, has been named one of the "rising stars" of American business by Fast Company, a management magazine that's been publishing an annual "Who's Fast" list for the last five years. O'Neill is the only automotive executive on the list this year and made it into the November issue byvirtue of the Hyundai turnaround that he's helped engineer since taking the reins in 1998.
March 6, 2002 |
South Korea's Hyundai Motors has been making remarkable strides in the U.S., its sales soaring as its products improve. The latest example is the 2003 Tiburon GT V-6 sports coupe. Although not up to Japanese competitors' standards in all aspects, it is a powerful package, priced thousands less than the competition, and it suggests that Toyota, Mitsubishi and others interested in hanging on to their share of the youth performance market best start looking over their shoulders.
July 6, 2001 |
Hyundai Motor America Inc. has won a $1.9-million award from a federal jury in Las Vegas that found that a dent repair company's employees defrauded the U.S. arm of South Korea's largest auto maker. The Fountain Valley company filed papers in court Thursday under federal racketeering laws to seek a court order tripling the award, which was rendered three weeks ago. The company's suit against three employees of closely held Ace-A-Dent Inc.
March 13, 2001 |
The federal government ended a 20-month investigation into Hyundai Accent air-bag systems that have been linked to the deaths of 10 children. The National Highway Traffic Safety Administration did not rule on the presence or absence of a safety defect when the bags are deployed but said there was insufficient evidence to warrant continued investigation. Almost 250,000 Accent models were equipped with the systems being investigated.