Hyundai Motor America · Fountain Valley, CA United States
Company Description
Phone: 714-965-3000
Fax: 714-965-3149
Toll Free: 800-826-2277
View Hyundai Motor America Locations On A US Map
This link will open in a new window
This link will open in a new window The Accent is on US sales for Hyundai Motor America. The subsidiary of Hyundai Motor distributes Hyundai cars and SUVs in the US, serving about 800 Hyundai dealers. The Hyundai Advantage, which includes a variety of warranties, covers all Hyundai cars sold in the US. Hyundai Motor Finance provides financing for car buyers and for dealer inventory. The company operates an engineering facility in Michigan, as well as a proving grounds and a research and design center in California. Hyundai opened its first US auto assembly plant in 2005. The Alabama facility's maximum capacity will be 300,000 vehicles per year. Hyundai Motor America plans to increase its number of dealerships to 1,000 by 2010. To read the full description, subscribe now.
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!
Key Hyundai Motor America Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $8,545.7 |
| Employees | 545 |
Hyundai Motor America Executives
24 executives listed for Hyundai Motor America's Fountain Valley, CA location.
| Title | Name & Bio | Contact |
| Acting President and CEO | John Krafcik | Network |
| Chief Designer, North American Design Center | Joel Piaskowski | Network |
| EVP Administrative Services | Keith Duckworth | Network |
Competition
Competitive Landscape for Hyundai Motor America
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Hyundai Motor America Competitors
Call Now at 866-464-3202 or Click here for a Free Hoover's Trial!