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The U.S. Department of Labor wants a federal judge to prevent Hyundai and two other Alabama companies from what the government contends is the illegal employment of children. The complaint filed ...
In a new complaint, the department alleges Best Practice, a staffing agency, sent the child to work at SMART Alabama, which provided car parts to Hyundai. The complaint alleges all three companies ...
A group of 33 members of Congress, led by Democratic Michigan Congressman Dan Kildee, wrote to urge the Department of Labor to "take immediate action to rid Hyundai's supply chain of child labor." [10] [11] CEO Jae Hoon Chang announced to shareholders on February 24, 2023 that Hyundai would be divesting its controlling stake in SMART. [12]
Chung Ju-yung (1915–2001) founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967, and the company's first model, the Cortina, was released in cooperation with Ford Motor Company in 1968. [12] When Hyundai wanted to develop their own car, they hired George Turnbull in February 1974 ...
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The Hyundai Motor Group (HMG; IPA: [ˈhjəːndɛ]; [2] stylized as HYUNDAI) is a South Korean chaebol (loosely similar to a multinational conglomerate but without a central holding company or ownership structure) [3][4] headquartered in Seoul, South Korea. The HMG also refers to the group of affiliated companies interconnected by complex ...
Hyundai Group (Korean: 현대그룹; Korean pronunciation: [ˈhjəːndɛ] [1]) is a South Korean conglomerate founded by Chung Ju-yung. The group was founded in 1947 as a construction company. With government assistance, Chung and his family members rapidly expanded into various industries, eventually becoming South Korea's second chaebol.
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