Hyundai Motor named William Lee, who's held various leadership roles in 35 years with the automaker, interim president and CEO of Hyundai Motor America. He replaces Kenny Lee, who left the post Monday and returned to Korea in an advisory role.
Hyundai Motor America CEO Kyung Soo Lee has left the position to return to South Korea as an adviser for the company. The automaker also has created two entities to develop future technologies and appointed new heads of product strategy and design.
The global bosses at Hyundai and Kia are still weighing a congressional call to have their top U.S. executives testify about a rash of reported noncollision fires in their vehicles as they work with regulators to address safety concerns.