Filed under: Etc.
Rankings in this business usually revolve around cars themselves, but every year our friends over at Motor Trend put together a Top 50 list of another kind: MT’s annual Power List ranks the people behind the cars. Their placement reflects not only their actions in the past and vision for the future, but [...]
Filed under: Etc., Hyundai, South Korea
Hyundai is looking to expand and the South Korean automaker has its eyes set on its nations largest construction firm, Hyundai Engineering. The Hyundai Motor Group, led by Chairman Chung Mong Koo, is seeking majority ownership in the building company and has just gotten a boost towards its goal thanks [...]
Filed under: Etc., Hyundai
In South Korea, economics trumps justice. Chung Mong-koo, the head of Hyundai who recently received a suspended sentence for embezzling and bribes has — along with 341,000 other businessmen, bureaucrats, and politicians — been given a full pardon.
President Lee Myung-bak, who said he was “personally against” the decision, decided to issue [...]
