Hyundai R&D Chief Resigns in S. Korea Over Quality Concerns
Hyundai Motor Group confirmed three executives, including research and development chief Kwon Moon-sik, have resigned amid a string of recalls and quality concerns. In a recent Reuters report, a Hyundai statement said the "latest personnel change shows our firm commitment to quality management and reaffirms our will to continuously improve R&D competitiveness." In April, Hyundai and Kia recalled 1.8 million vehicles for a brake issue and loose headliners, recalls that eventually extended to South Korea as well. Hyundai is especially guarded right now, as it builds momentum, despite the recalls, and overstating fuel economy in North America. Kwon had served in his post for just over a year, and was involved just a month ago in the 2015 Hyundai Genesis Sedan launch in South Korea. The Genesis is a luxury sedan that slots just below the Equus flagship. Kwon's replacement has not been announced yet. Automotive.com's take: The Hyundai Genesis and Equus models exemplify just how far the econo-box automaker of the 1980s and 90s has come. The automaker has become synonymous with bold styling and offers features and content often found on pricier models, or in the segment above. While there is certainly room for improvement, Hyundai's transformation in the last few years has been among the most dramatic in the auto industry. The fear is, however, that they have overextended themselves and failed to focus on quality. Nevertheless, we're looking forward to seeing what the future holds, as Hyundai and Kia continue to grow in America. Source: Reuters
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