UPDATE 1-Hyundai Motor U.S. chief Krafcik out, Zuchowski named successor

Newswire

DETROIT, Dec 27 (Reuters) - Hyundai Motor Co said on Friday its U.S. chief, John Krafcik, is stepping down after his contract was not renewed and will be replaced by the U.S. sales chief David Zuchowski. Krafcik, 52, had been the chief of Hyundai's U.S. operations since late 2008, when its share of the U.S. market was 3 percent. It rose to 4.9 percent in 2012. Zuchowski is 55. He takes over on Jan. 1 after the surprise announcement of Krafcik's ...

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