[Newsmaker] Under pressure, Hyundai Motor heir pulls the plug, pursues plan B
TransportMay 22, 2018
Two months after proposing a grand reform plan on its corporate governance, Hyundai Motor Group, the nation’s second-largest chaebol, came with yet another unexpected choice Monday, ditching the plan it previously hailed as a pathway to modernize the 50-year-old conglomerate. And its crown prince, the chairman’s only son, vowed that he would come back with “an improved” version. What the company...