Hyundai Hits a Bump
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Is Hyundai's top-down style holding it back in America? That's what some current and former executives think, and many analysts agree. Hyundai Motor America has cycled through four top executives in five years. And Kia Motors America, controlled by Hyundai, recently fired its top two U.S. managers—the fourth shakeup in three years. Meantime, Hyundai and Kia's rapid sales growth in the U.S. has crested, and one reason may be the lack of consistent leadership amidst a tough market.