Hyundai in luxury markets of US

Hyundai Motor the South Korean auto giant has hired a former chief executive officer of Audi’s US division as the head of its luxury segment Genesis’ operations in North America, signaling the carmaker’s drive to expand its market presence in the world’s second-largest auto market and make a mark in this slow market.

Mark Del Rosso, who led operations of luxury brands Audi and Bentley for two decades and now a....