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Kia breaks ground in Georgia, rolls back sales target
We just talked about the fact that Kia and Hyundai were scaling back sales projections for 2006, now we are learning that production will be adjusted as well. After a series of high-level scandals and ensuing postponements, Kia Motors Corp. finally broke ground on its Georgia facility today. And at the company's official groundbreaking ceremony today, it announced some changes. Most important was the announcement about where the new vehicles produced at this plant will be headed. While Kia had originally projected U.S. sales of 800,000 ... Read more →
Kia chief spared indictment in Korean bribery scandal Chris Paukert
The South Korean government has decided not to pursue an indictment against Chung Eui Sun, president of Kia Motors. The move not to prosecute apparently stemmed from the fact that his father, Chung ...
Prosecutors looking to arrest Hyundai chief in bribery scandal Chris Paukert
Prosecuting attorneys in South Korea have requested an arrest warrant for Chairman Chung Mong-Koo of the Hyundai Motor Group. The paperwork is being sought on charges that the executive embezzled ...
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Kia breaks ground in Georgia, rolls back sales target 3 years ago on Autoblog
We just talked about the fact that Kia and Hyundai were scaling back sales projections for 2006, now we are learning that production will be adjusted as well. After a series of high-level scandals and ensuing postponements, Kia Motors Corp. finally broke ground on its Georgia facility today. And at ...
Kia chief spared indictment in Korean bribery scandal 3 years ago on Autoblog
The South Korean government has decided not to pursue an indictment against Chung Eui Sun, president of Kia Motors. The move not to prosecute apparently stemmed from the fact that his father, Chung Mong Koo (Hyundai Motor chairman) was the one with final authority, and he is being indicted in the ...
Prosecutors looking to arrest Hyundai chief in bribery scandal 3 years ago on Autoblog
Prosecuting attorneys in South Korea have requested an arrest warrant for Chairman Chung Mong-Koo of the Hyundai Motor Group. The paperwork is being sought on charges that the executive embezzled $106 million via slush funds, using some of the ill-gotten gains to graft government officials, among ...
Autoblog Podcast #156: Paukert comes back for more!
Chris, Dan, and Editor Paukert chat and give each other grief. Merriment ensues.
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