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.
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.
July 10, 2000 |
Figuring that what's done wonders for big brother will be good for little brother too, Irvine-based Kia Motors America today will launch its version of the auto industry's longest warranty--a carbon copy of the 10-year, 100,000-mile coverage offered by Hyundai Motor America. Providing the long-term warranty is an effort by the South Korean auto importer to assure potential customers that the quality of its vehicles has improved dramatically since they were introduced in the U.S. in 1994.
November 2, 1999 |
Hyundai Motor America, enjoying its best sales in a decade, plans to bring a near-luxury sedan to the U.S. by the end of next year, company President Finbarr O'Neill has confirmed. The long-discussed move would give the Fountain Valley-based importer an important "move-up" vehicle beyond its current lineup of small and mid-size cars while helping its parent, Seoul-based Hyundai Motor Corp., regain sales volume that it has lost because of South Korea's economic woes.
November 2, 1999 |
Hyundai Motor America, enjoying its best sales in a decade, plans to bring a near-luxury sedan to the U.S. by the end of next year, company President Finbarr O'Neill has confirmed. The long-discussed move would give the Fountain Valley-based importer an important "move-up" vehicle beyond its current lineup of small and mid-size cars while helping its parent, Seoul-based Hyundai Motor Corp., maintain sales volume that it has lost because of South Korea's economic woes.