SOUTH KOREA: Ex-Ssangyong CEO ‘says sorry’

Stay connected Subscribe to our RSS feed

The former chief executive of Ssangyong Motor has apologised to employees for the company's troubles. Choi Hyung-tak stepped down as CEO when the company last week filed for bankruptcy in Korea (a process broadly similar to that applying in the US - so that the firm can continue trading under the direction of a court). Full story...