SEOUL – After 10 years of its nebulous existence, Hyundai Chairman Chung Mong-koo formally is defining his automotive consortium with a proper name: the Hyundai Motor Group. The group, which consists of 42 companies, says its assets have risen from 36 trillion won ($33 billion) to 115 trillion won ($104.7 billion) currently. The number of employees has increased 81%, from 98,000 in 2000 to 177,000 worldwide today. The Hyundai-Kia automotive group, alone, has grown from the world’s 10th ...
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