It looks like the problems at Hyundai are just beginning to unfold. South Korean prosecutors yesterday sought an arrest warrant for Chung Mong-koo. He is charged with misusing company funds, striking a blow to the country’s family-run chaebol conglomerates. Recently, the Korea Times said Hyundai was at risk of collapse. The Leftlane Perspective: This is turning out something like the Stefan Eriksson debacle — except this one could actually impact the industry.
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