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Kia, Hyundai delay U.S., Czech Republic plants "indefinitely"
As the fallout from the Korean government's investigation into Hyundai Motor Co. begins to impact company operations, both Hyundai and subsidiary Kia Motors have postponed construction of new manufacturing facilities in Europe and the U.S. Kia Motors said Thursday that it was delaying its $1.2 billion Georgia facility indefinitely, and a spokesperson said the company could no longer guarantee that production at its first U.S. plant would begin as scheduled in 2009. In a separate announcement, Hyundai Motor, which only today signed an agreement ... Read more →
Hyundai chairman to be indicted Tuesday Stuart Waterman
Chung Mong-koo, chairman of the Hyundai Motor Group, will be indicted by the South Korean government Tuesday, as the Hyundai bribery scandal worsens. A spokesperson for the state prosecutor's office ...
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Kia, Hyundai delay U.S., Czech Republic plants "indefinitely" 3 years ago on Autoblog
As the fallout from the Korean government's investigation into Hyundai Motor Co. begins to impact company operations, both Hyundai and subsidiary Kia Motors have postponed construction of new manufacturing facilities in Europe and the U.S. Kia Motors said Thursday that it was delaying its $1.2 ...
Hyundai chairman to be indicted Tuesday 3 years ago on Autoblog
Chung Mong-koo, chairman of the Hyundai Motor Group, will be indicted by the South Korean government Tuesday, as the Hyundai bribery scandal worsens. A spokesperson for the state prosecutor's office said to Reuters that additional indictments will be forthcoming for the chairman's son (president of ...
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