Hyundai's boss in trouble
SOUTH KOREA: Hyundai chairman apologises and appeals for bail
Chung Mong-koo, the chairman of Hyundai Automotive Group, has apologised for his role in creating slush funds through affiliated companies,…
SOUTH KOREA: Hyundai chairman admits role in setting up slush funds
Hyundai Motor chairman Chung Mong-koo on Monday admitted to having a role in setting up slush funds through affiliates of…
SOUTH KOREA: Kia president off the hook
South Korean prosecutors on Friday decided not to indict the president of Kia Motors, Chung Eui-sun, over a probe into…
EMERGING MARKETS ANALYSIS: A family affair – Hyundai and the Chungs
These should be good times for Hyundai Group. Global expansion is gathering pace for both Hyundai and Kia, and the companies…
SOUTH KOREA: Parts makers beg for Hyundai chairman’s return
Korea's automobile parts manufacturers have appealed to the prosecution for the early release of detained Hyundai Motor chairman Chung Mong-koo,…
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SOUTH KOREA: Hyundai boss manages from behind bars
Chung Mong-koo, the imprisoned chairman of the Hyundai Group, has been allowed to oversee group management from behind bars, according…
SOUTH KOREA: Hyundai execs challenged to take control without leader
Around 20 Hyundai Automotive Group top executives met at the weekend to decide how to run the company without their…
SOUTH KOREA: Hyundai’s president will be arrested
Prosecutors in South Korea have decided to arrest Hyundai Motor chairman Chung Mong-koo, according to Reuters. Shares fell 3% after…
SOUTH KOREA: Hyundai Motor chairman faces grilling on Monday
South Korean prosecutors will question Hyundai Motor chairman Chung Mong-koo on Monday over allegations the group was involved in illegal…