Hyundai Motor is struggling to distance itself from the presidential ambition of the owner of a brotherly conglomerate for fears of possible backlash from the political circles, according to a report in the Korea Herald.

The newspaper report says that the company is considering declaring its non-interventionist stance in the presidential ambition of Chung Mong-joon, owner of Hyundai Heavy Industries and the younger brother of Hyundai Motor Group Chairman Chung Mong-koo. Chung will reportedly not visit the Paris Motor Show this month because he wants to avoid media attention and questioning over the issue.

The Herald report says that the extraordinary sensitivity arises from speculation that the automotive group may still be vulnerable to a possible government crackdown on ‘suspicious and massive internal transactions and the half-done scheme for the father-to-son succession involving Chung Mong-koo and his only son, Eui-sun’.