Hyundai CEO Busted

Status
Not open for further replies.
Joined
Feb 16, 2006
Messages
862
Location
Chicago
Too bad, just when Hyundai was starting to get a lot of good press and present some real competition to the Japanese auto makers:

"The head of Hyundai Motor, Chung Mong Koo, was arrested today on charges of embezzlement and other corruption, a major blow to the world's seventh-largest carmaker just as it is pushing for global expansion."

http://www.nytimes.com/2006/04/28/w...&en=addb42d7d874746e&ei=5094&partner=homepage

Do you think this will hurt them a lot?
 
Status
Not open for further replies.
Back
Top