Product recalls damaging brand reputation Over the last few years, Hyundai has issued vast product recalls.
Born to a large impoverished family of peasants, he was the eldest of seven children. As a young boy, Chung dreamed of becoming a school teacher, but his hopes were cut short because the restrictive environment at the time kept the family stuck in poverty, effectively keeping Chung away from higher educational opportunities.
Despite the setbacks, Chung was able to attend a local Confucian school run by his grandfather whenever his time was not taken up by tasks on the family farm. First escape attempt[ edit ] At the age of sixteen, Chung and a friend decided to travel to the city of Chongjin for work in hopes of escaping the harsh realities of farm life.
Chung and his friend continued the work for two months until Chung's father learned of their whereabouts. Second escape attempt[ edit ] The journey that Chung and his friend had embarked on made him realize his passion for civil engineering and gave him a sense of accomplishment.
Once he returned to Asanhe devised another escape plan; this time towards Seoul. With two companions, Chung left for Seoul in April More misfortune came upon them when Chung and his friend were conned by a stranger who promised them jobs but instead took all of their money.
The journey came to an end when Chung's father found the two staying at Chung's grandfather's house nearby. Third escape attempt[ edit ] Chung once again found himself in Asan, where he remained for a year helping his father work on the family farm. Once his duties to the family were complete, Chung decided it was time to make another attempt at getting out of poverty.
He managed to get a train ticket for 70 won by selling one of his father's cows. Things went smoothly for two months when his father managed to find him and after a mild argument, took him back to Asan.
Rice merchant[ edit ] In at the age of 18, Chung decided to make a fourth attempt to escape.
He left during the night with a friend who was trying to escape a forced marriage. He worked first as a laborer at Incheon Harbor,   a construction worker at Boseong Professional School and as a handyman for a starch syrup factory.
He eventually won the praise of the rice store's core customers which impressed the owner so much that he allowed Chung to manage the store's accounting after only six months on the job.
Inthe owner of the rice store became ill and decided it would be in his best interest to give the store to Chung. At 22 years of age, Chung became the store owner and changed the name of the store to Kyungil Rice Store.
After considering the reality of restrictions imposed on Koreans in certain industries by the Japanese colonial government, Chung decided to enter the automobile repair business. Using a service garage he purchased from a friend, Chung started the A-do Service Garage on a 3, won loan.
Within three years, the number of employees grew from 20 to 70 and Chung was able to earn a good income. Inthe Japanese Occupational Government forced the garage to merge with a steel plant as part of the war effort. Chung won major government contracts and became responsible for building much of South Korea's transportation infrastructure, including the Soyang Dam inthe Gyeongbu Expressway inthe world's largest shipyard in Ulsanthe Kori Nuclear Power Plant among others.
Chung also won contracts from the American military to build facilities for their personnel as his younger brother could speak English and was on good terms with the U. During the North Korean invasion ofChung abandoned his construction projects and fled with his younger brother to Busan for safety.
His son, Chung Mong-joon was born there. Chung continued to build onto the company by gathering any kind of work he could get from the U. Hyundai was known for great gas-saving methods.Automakers Hyundai and Kia will pay a $ million civil penalty to resolve alleged Clean Air Act violations based on their sale of more than 1 million vehicles.
Hyundai and Kia Clean Air Act Settlement The Clean Air Act and its regulations aim to protect human health and the environment, in part, by reducing harmful emissions from.
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Our verdict on the Hyundai Amica CDX. It might be small, but the Amica is happy to take on long journeys in its stride.
For something designed to feel at home in the city, that's the best compliment you can pay the little Hyundai.