Watch The Staff Take The Icy Plunge Along With A Mess Of Automotive Celebrities
Unless you've been living in an off-the-grid cabin in the woods for the last couple of weeks or abstain entirely from social media activities, you've probably seen someone you know dump a bucket of ice and water over their own head recently. While the origins of the so-called Ice Bucket Challenge are shrouded in a history typical of Internet memes, its effectiveness in raising money and awareness for the ALS Association has been astonishing.
John Krafcik, who stepped down at the beginning of this year from his role as president and CEO of Hyundai Motor America, has just been announced as the new president of online car shopping website TrueCar. The news comes on the heels of an announcement, less than a month ago, that Krafcik was joining the board of directors at TrueCar.
As hundreds of people gathered to watch the unveiling of the 2015 Hyundai Sonata at the New York Auto Show on Wednesday, John Krafcik, a driving force behind the new vehicle, found himself in a peculiar position.
Former Hyundai Motor America CEO John Krafcik has had a tumultuous year. Last June, he won the Automotive Executive of the Year from DNV Business Assurance. Then in December, he suddenly announced he was stepping down from his leadership role at the Korean automaker on January 1, with some suggesting it was because the company's sales growth was too far below forecasts. Now, it looks like the exec has landed a new role on the board of directors of online car shopping website TrueCar.
Even with the arrival of the new Hyundai Genesis Sedan (above) and the expected introduction of at least two other new vehicles in 2014, Hyundai-Kia is estimating its sales will only increase by about 4.1 percent this year. Bloomberg has found that figure, which works out to a total of 7.86 million vehicles worldwide, to be lower than average analyst estimates of eight million vehicles. If the automaker is correct, that figure will represent the most sluggish growth for the Korean brands since 2
John Krafcik resigns from Hyundai, Jeep Cherokee sales, 2015 Ford F-150, John McElroy interview
Episode #362 of the Autoblog podcast is here, and this week, Dan Roth and Chris Paukert cover the year-end news, including the surprise resignation of Hyundai Motor North America CEO John Krafcik, strong early sales for the 2014 Jeep Cherokee, and 2015 Ford F-150 rumors ahead of its expected Detroit Auto Show debut. Dan also had a chance to look back at 2013 and ahead to 2014 with Autoline's John McElroy. We start with what's in the garage and finish up with some of your questions, and for those
John Krafcik resigns from Hyundai, Jeep Cherokee sales, 2015 Ford F-150, with guest John McElroy
We're set to record Autoblog Podcast #362 tonight, and we're joined by John McElroy of Autoline to reflect on 2013 and look ahead to 2014. Check out the topics below, drop us your questions and comments via our Q&A module, and don't forget to subscribe to the Autoblog Podcast in iTunes if you haven't already done so. To take it all in live, tune in to our UStream (audio only) channel at 10:00 PM Eastern tonight.
Hyundai is going to be in a very celebratory mood next spring. That's when Hyundai will start making its hydrogen fuel-cell electric Tucson crossover available to Golden State citizens next year, and the automaker isn't backing away from hyperbole about its green vehicle ambitions.
Hyundai Motor America has announced that its affable president and CEO, John Krafcik, will be stepping down from his post on January 1, at the completion of his contract. He'll be replaced by the current executive vice president of sales, David Zuchowski.
Despite receiving a host of improvements for the 2014 model year, the next-generation Hyundai Sonata is right around the corner. During a technical briefing today, Hyundai's North American CEO, John Krafcik, confirmed to Autoblog that the 2015 Sonata will debut at the 2014 New York Auto Show in April.
The government shutdown is eroding consumer confidence in the auto market, says John Krafcik, CEO of Hyundai's US sales unit, and could lower October sales by as much as 10 percent, Automotive News reports. "It's that anxiety that keeps customers, potential buyers, on the sidelines when making a big purchase like an automobile," Krafcik says, adding that industry sales could be off by five to 10 percent in October compared to September.
Those looking to spice up a dinner party should seat John Krafcik and Carlos Ghosn next to each other should they get the opportunity. Krafcik, who runs North American operations for Hyundai, recently appeared to take a poker to the concept of battery-electric vehicles, which have long been espoused by Nissan-Renault chief Ghosn, and pushed his weight behind hydrogen fuel-cell vehicles.
Hyundai maintains it can barely build enough of its core models to satisfy North American consumers, but that doesn't mean it isn't keen to expand its offerings to capture developing segments of the market. According to Edmunds, one of those expanding niches could be the burgeoning subcompact crossover segment. The website quotes Hyundai North America president and CEO John Krafcik as acknowledging his company is "very under-represented" in crossovers, the market's hottest vehicle type.
Hyundai North America CEO John Krafcik is this year's Automotive Executive of the Year. DNV Business Assurance presents the award each year, and this year, Robert Djurovic, executive director of the award program, said Krafcik won the nod because he "reshaped the way Hyundai approaches the market with consumer focus, compelling design and enduring value." While speaking at the award ceremony, Krafcik said that he was humbled by the recognition and that he accepted the accolade on behalf of Hyund
Hyundai hit a home run with its current-generation Sonata midsize sedan, so don't expect the Korean automaker to make revolutionary changes when its replacement comes out for the 2015 model year. The four-door sitting in showrooms today was launched in 2010 with radical new lines that marked a big departure from its rather bland predecessor. Even with stiff competition from the Honda Accord, Ford Fusion and Toyota Camry – all newer designs than the Sonata – sales have been strong. Co
Less than a week into the month, and Hyundai has already announced that it has set an all-time sales record for the year in the US. Beating last year's best-ever total of 645,691, Hyundai's record-setting numbers are up eight percent through November, and it has broken monthly sales records in every month so far this year excluding June and October, which includes an all-time monthly record set in March of 69,728 units.
Hyundai (and sister company Kia) found itself in a bit of hot water recently over false fuel economy estimates on the window stickers of its cars. To remedy this, the automakers will be compensating some 900,000 owners based on their vehicles' odometer readings, and the companies will add an additional 15 percent over the dollar value. In simple terms, this means that for someone who has driven 15,000 miles, a 1-mpg fuel economy reduction would result in a reimbursement of $88.
Hyundai remains on track to reach its goal of producing what it says will be the world's first mass-produced hydrogen fuel cell electric vehicle (FCEV), which will be a version of the Tucson crossover, by 2015, Hyundai Motor North America CEO John Krafcik told reporters at the Los Angeles Auto Show.
Hyundai North America CEO John Krafcik recently told Automobile magazine that it's popular "fluidic sculpture" design language won't stand still as it evolves with Hyundai's lineup in the coming years.