TITLE

Hyundai Group ousts co-chairman in family feud

AUTHOR(S)
Gadacz, Oles
PUB. DATE
April 2000
SOURCE
Automotive News;4/3/2000, Vol. 74 Issue 5868, p51
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that Hyundai Motor Co. Chairman Chung Mong-Koo has been dethroned as co-chairman of the Hyundai Group. Family feud for control of the Hyundai Group; Chung Mong-Hun's take over of the group's financial services, construction and electronics divisions.
ACCESSION #
2982659

 

Related Articles

  • Son clings to power as Hyundai founder leaves the helm. Gadacz, Oles // Automotive News Europe;06/19/2000, Vol. 5 Issue 13, p17 

    Deals with the announcement of Chung Ju-Yung, founder of the Hyundai Group and its main holding Hyundai Motors Co. in Seoul, South Korea, that he and his two sons will step down from the management. Reason behind the move; Reaction of his son and company chairman, Chung Mong-Koo on the...

  • Chung: Hyundai-Daewoo deal still possible. Gadacz, Oles // Automotive News;1/29/2001, Vol. 75 Issue 5913, p46 

    Interviews Chung Mong Koo, chairman of both Hyundai Motor Co. and Kia Motors Corp. in South Korea, on issues affecting the automobile industry. Company's stand on bidding for Daewoo; Comments on the company's alliance with DaimlerChrysler.

  • Blunders.  // Automotive News;1/1/2007, Vol. 81 Issue 6236, p16 

    The article presents information on some of the erratic policies of the automobile industry in 2006. Despite soaring inventories and complaining dealers, DaimlerChrysler AG built a sales bank of unsold vehicles and pressured dealers to buy them. Confusion reined at Ford Motor Co. after...

  • Hyundai chairman jailed in embezzlement and slush-fund scandal.  // Industrial Maintenance & Plant Operation;May2006, Vol. 67 Issue 5, p6 

    The article reports that Chairman Chung Mong-koo of South Korea-based automaker Hyundai Motor Co., was arrested for his alleged embezzlement of company money, to pay lobbyists for obtaining government favors. Chung was also accused of incurring damages to the company. Following the arrest,...

  • NEWSMAKERS OF 2000.  // Automotive News;12/25/2000, Vol. 75 Issue 5909, p1 

    Presents automobile industry executives who made the biggest news in the year 2000. Plan of Hyundai chief, Chung Mong Koo to expand the firm's North American operations; Measures adopted by Nissan Motor chief Carlos Ghosn to revive the company's status in the industry.

  • As sentencing pressure builds, Chung's philanthropy intensifies.  // Automotive News;5/28/2007, Vol. 81 Issue 6257, p50 

    The article reports on the proposition of chairman Chung Mong Koo of Hyundai Group to donate about $1.1 billion to charity after being convicted and sentenced due to embezzlement and breach of trusts in South Korea. He is sentenced to serve in prison for three years, however, he pledged to give...

  • Untitled. Hall, Bob // Wheels;Mar2003, p129 

    Presents news briefs on the automobile industry as of March 2003. Value of an assembly plant to be opened by PSA Peugeot/Citroën in Trnava, Slovakia; Lawsuit of the National Association of Police Organizations against Ford Motor Co.; Allegations concerning the money given by Hyundai Group...

  • Hyundai mulls American plant. Wright, Chris // Automotive News;07/10/2000, Vol. 74 Issue 5883, p1 

    Reports on the plan of Korean car firm Hyundai Motor Co. to build assembly plants in Europe and North America. Plan to increase advertising budget; Planned separation of the motor division from Hyundai Group; Disagreements between the firm's chairman Chung Mong Koo and his father Chung Ju Yung...

  • Top 10 newsmakers.  // Automotive News;12/31/2007, Vol. 82 Issue 6288, p16 

    The article presents the top newsmakers in the automobile industry. Ron Gettelfinger, United Auto Workers (UAW) president, had managed to settle the labor disputes of Detroit 3 like General Motors Corp., Ford Motor Co. and Chrysler LLC. Chung Mong Koo, Hyundai Motor Co.'s chairman, was sentenced...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics