Kia Replaces U.S. Sales Chief
Kia Motors America has named Michael Sprague, formerly executive vice president of marketing and communications, to the newly created job of executive vice president of sales and marketing.
#marketing
Kia Motors America has named Michael Sprague, formerly executive vice president of marketing and communications, to the newly created job of executive vice president of sales and marketing.
Sprague replaces Tom Loveless, who headed the unit's sales operations since 2007 before his abrupt departure at the end of last week.
Under Loveless' tenure Kia's U.S. sales grew for five years and set more than two years of monthly volume records. But sales slumped 4% last year in a market that expanded nearly 8%.
Kia describes Sprague's assignment as a restructuring intended to "support our long-term strategy and continued growth" in the U.S. Sprague came to the company in 2008 from Ford Motor Co.
RELATED CONTENT
-
Report: GM Wants Limit on Where PSA Could Sell Current Opel Models
General Motors Co. has set as a term of the impending sale of its Opel unit to PSA Group a ban on marketing Opel’s current models in China, North America or Russia, according to Der Spiegel, which cites no sources.
-
XPeng and NIO: Their Approaches to the Market
Although their sales numbers are far from enormous, their strategies may provide huge growth opportunities
-
Ford’s Quarterly Net Earnings Drop 57%
Ford Motor Co. reports that marketing and restructuring costs slashed its third-quarter net profit 57% as unit sales and revenue fell.