Hyundai's U.S. sales could top 700,000 in 2012, Krafcik says

Hyundai Motor Co. could see U.S. sales top 700,000 vehicles this year despite the Korean automaker’s tight vehicle supplies, a top executive said today. Hyundai Chairman Chung Mong-koo, who is credited with leading a focus on quality at the automaker since he took over in 2000, has capped production capacity globally, so plants will need to squeeze any added output from the current production schedule, said John Krafcik, head of Hyundai Motor America. (more…)

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