A court in the British county of Lancashire sentenced two cousins to two years in jail and $130,000 in fines for rolling four million miles off the odometers of used cars they bought and fraudulently resold.
Being an automotive journalist can be a dangerous gig. No, we're not talking about the risk of carpal tunnel from typing for eight to ten hours a day, five to six days a week or the long periods of sitting. Instead, we're referring to what may be more obvious: the cars. For all of our talk and bravado when it comes to the high-performance vehicles we drive, testing a powerful vehicle on public roads requires a high degree of responsibility and judgment. Every journalist has found themselves lack
Chung Mong-koo, the man who turned Hyundai around after the Southeast Asian financial meltdown in 1997, has been given a 3-year suspended sentence by an appeals court for embezzlement and breach of public trust. Chung was arrested in April for having a hand in setting up nearly $74 million in slush funds to pay for political favors.
Most consumers and car enthusiasts in the U.S. have had no idea that the turmoil atop Hyundai's executive ladder had gotten this bad. Today, the chairman of Hyundai Motor, Chung Mong-koo, 68, was convicted and sentenced to three years in a South Korean prison for embezzling $67 million USD and spending it on himself and bribes for politicians and lobbyists. He was also charged with financially damaging other companies through deals that benefiited the financial standing of him and his son, Eui-s
Kind of auto-related... particularly since Busta Rhymes loves his Maybach so much. He loves it so much, in fact, that he's willing to beat somebody over it. Busta could be in some deep doo-doo after kicking a teenager multiple times in the face. The teen, Roberto LeBron from New York, spit and accidentally hit Busta's car as he drove down the street. Busta pulled the car over, got out and asked the kid whether he spit on the car. LeBron admitted that he spit on the rapper's car, but claimed it w