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Saturday, December 3, 2011

Hyundai's U.S. chief says rapid sales growth poses challenges

Hyundai Motor America CEO John Krafcik said that with the automaker on track to sell 100,000 more vehicles this year than in 2010, it has to learn to sell from a leaner inventory and fine-tune its factory output.


As chief executive of Hyundai Motor America, John Krafcik oversees the sales and marketing arm of one of the fastest-growing auto brands in America.

Led by torrid sales of its Elantra compact sedan, Hyundai has sold almost 550,000 vehicles this year, more than it moved in all of 2011 and a sales record for the South Korean automaker. Sales have risen almost 21% through the first 10 months of this year, double the rate of the entire U.S. auto sales market.

Read More: http://articles.latimes.com/2011/nov/24/business/la-fi-auto-show-hyundai-qa-20111124

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