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July 30, 2015 1:16 PM ET


Company Overview of Hyundai Motor America, Inc.

Company Overview

Hyundai Motor America, Inc. distributes Hyundai vehicles through dealers in the United States. The company was founded in 1985 and is based in Fountain Valley, California. Hyundai Motor America, Inc. operates as a subsidiary of Hyundai Motor Company.

10550 Talbert Avenue

Fountain Valley, CA 92708

United States

Founded in 1985





Key Executives for Hyundai Motor America, Inc.

Chief Executive Officer and President
Executive Director of Finance Operations
Executive Vice President and General Counsel
Group Executive President
Vice President of Corporate Communications
Compensation as of Fiscal Year 2015.

Hyundai Motor America, Inc. Key Developments

Keller Grover LLP Announces Hyundai Motor America's Settlement of Class Action Lawsuit

Keller Grover LLP announced that there is a pending settlement of a class action lawsuit entitled Wheelock vs. Hyundai Motor America. This case alleges that Hyundai Motor America violated laws that prohibit the recording or monitoring of telephone calls without notice to or consent of callers. Hyundai denies any liability or wrongdoing of any kind associated with the claims. Both sides agreed to a settlement to avoid the uncertainty and cost of class certification and a trial. Hyundai has agreed to create a Settlement Fund of $1,350,000. After class action administration fees and costs, Plaintiff's service award, and Class Counsel's attorneys' fees and costs are deducted, the remaining amount will be paid pro rata to all Class Members who submit timely and valid Claim Forms. Approximately $663,000 will be available for payments to Class Members who submit a claim form before the deadline. It is estimated that each valid claim will receive a payment of at least $68.16. If not every Class Member submits a claim, the payment will increase to an amount not to exceed $5,000 per Class Member.

Signal IP, Inc. Files Patent Infringement Lawsuit Against Toyota Motor Sales, USA, Inc., Toyota Motor North America, Inc. and Hyundai Motor America

Signal IP, Inc. filed a patent infringement lawsuit against Toyota Motor Sales, USA, Inc., Toyota Motor North America, Inc. and Hyundai Motor America in the United States District Court for the Central District of California. The company is asserting infringement on patents related to various vehicle technologies: U.S. patent numbers 5,714,927, 5,732,375, 6,434,486, and 6,012,007.

Hyundai Motor America Announces Sales Results for the Month and Year-To-Date of June 2015

Hyundai Motor America announced sales results for the month and year-to-date of June 2015. For the month, the company reported sales of 67,502 units against 67,407 units in the month of June 2014. For the year-to-date, sales were 371,150 units against 364,434 units for the same period a year ago.

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