Hyundai will unveil the Palisade crossover, its big-bodied, three-row answer to the Ford Explorer, Toyota Highlander and Chevrolet Traverse, at this month's Los Angeles Auto Show. It is one of two crossovers Hyundai is adding in 2019 as the company races to match the industry's rapid shift from cars to light trucks.
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.