Kia in management shakeup after recall

"Political News"

09/07/2010

By Blake Ellis,
staff reporter
CNN Money
September 7, 2010: 8:11 AM ET


NEW YORK (CNNMoney.com) -- South Korean automaker Kia Motors, on the heels of a global recall of more than 100,000 vehicles, said Tuesday it has named a new vice chairman to replace Chung Sung-eun, who had resigned.

The purpose of the recall is to replace defective wiring.

Kia's former president, Lee Hyoung-keun, was named to succeed Chung, company spokesman Michael Woo said.