The Car and Truck Fleet and Leasing Management Magazine

Former Hyundai CEO Named President of TrueCar

May 1, 2014

KRAFCIK
KRAFCIK

John Krafcik, former Hyundai Motor America's president and CEO, has been named president of Web-based dealer network TrueCar.

Krafcik steps into the newly created position to jointly lead the company with Scott Painter, TrueCar's founder and CEO. Krafcik had joined the TrueCar board in April.

"John Krafcik not only has a deep understanding of the automotive industry, but he also knows how to run an organization at scale and the timing is right for him to join our team," Painter said. "John brings additional credibility to our commitment to making automotive retailers our partners and he’s here to ensure we do just that."

Krafcik led Hyundai to record sales and boosted the automaker's U.S. market sahre by more than 50 percent dueing his five-year tenure. Hyundai declined to renew Krafcik's contract at the end of 2013, and appointed David Zuchowski as his replacement.

Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

PHH, a leasing company that began shortly after World War II, was later renamed as PHH Arval and eventually sold to Toronto-based Element Fleet Financial in 2014. The North American operation was renamed as Element Fleet Management.

Read more

Up Next

More From The World's Largest Fleet Publisher