We like the Chung family's style. The embattled family owners of South Korea's largest automaker Hyundai Motor Company are givin' away their entire 60 percent stake in affiliate Glovis, an auto shipper — worth 1 trillion won ($1.05 billion). And by give away, we mean give away. The money's all going to charity. Somehow, with charges of Hyundai operating slush funds and offering cash for political favours via a lobbyist, we doubt even this act of benevolence will keep the prosecutor at bay.
Hyundai bosses pledge $1 billion to charity amid bribery scandal [Detroit News]
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