HYUNDAI CEO TO RECEIVE AUTOMOTIVE HALL OF FAME’S 2010 DISTINGUISHED SERVICE CITATION
FOUNTAIN VALLEY, Calif., Jan. 14, 2010 – The Automotive Hall of Fame will award its coveted 2010 Distinguished Service Citation to John Krafcik, Hyundai Motor America president and CEO, on January 15, in conjunction with the Detroit Economic Club. Hyundai’s long list of achievements in 2009 include sales growth of eight percent, outpacing the industry in market share gains, successfully piloting Hyundai Genesis to the company’s first-ever North American Car of the Year honors and launching the innovative Hyundai Assurance vehicle return program.
"The Distinguished Service Citation is aptly named, for it recognizes those leaders who have distinguished themselves for the outstanding service they provide to the motor vehicle industry and to their respective organizations," explains Jeffrey Leestma, president, Automotive Hall of Fame. "It's a rare honor indeed. In 70 years, just 431 industry executives have received Distinguished Service Citations."
The Automotive Hall of Fame will honor four additional executives with its Distinguished Service Citation, its oldest recognition which originated in 1940, including: Timothy M. Manganello, chairman and CEO of BorgWarner Inc.; Rodney O’Neal, CEO and president of Delphi Corporation; Jack Roush, chairman of the board of Roush Enterprises, Inc.; and Mary Ann Wright, vice president and managing director of Johnson Control’s Business Accelerator for Advanced Energy Storage Solutions. In addition, Alan Mulally will be recognized as the Automotive Hall of Fame’s 2009 Industry Leader of the Year.
“To be included by the Automotive Hall of Fame with this distinguished class of leaders is an honor and it speaks to Hyundai’s success not just in 2009, but over the past several years,” said Krafcik. “This award represents the exceptional team at Hyundai Motor America, the support and success of Hyundai Motor Company and, of course, our outstanding lineup of great vehicles.”
AUTOMOTIVE HALL OF FAME
The Automotive Hall of Fame, located in Dearborn, Michigan, is the only industry-wide means to honor the men and women of the global motor vehicle and related industries. For more information about the Automotive Hall of Fame, visit www.automotivehalloffame.org
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through almost 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program which now includes the 5-year/60,000-mile fully transferable bumper-to-bumper warranty, Hyundai’s 10-year/100,000-mile powertrain warranty and 5-year complimentary Roadside Assistance in addition to the highly acclaimed vehicle return policy introduced in early 2009. For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com.