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Hyundai Motor, South Korea’s leading automobile manufacturer, has launched a new division for high performance cars and motorsports, and appointed a former BMW M executive as vice chief, the company said Thursday.


The new division will focus on expanding Hyundai’s presence in the global performance car arena by adding new performance models and releasing Veloster N, a high performance version of its hatchback, this year, the company said. 

Thomas Schemera, former executive of BMW M North America, was named vice president of the new division, it added...


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Hyundai Nabs ANOTHER BMW M Exec — Should We ALL Take N A Bit MORE Serious?

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