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Hyundai Motor Company Chairman Chung Mong Koo - 2009 Power List - Features

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The 2009 Motor Trend Power List
Chung Mong Koo Hyundai Chairman

The 2009 Motor Trend Power List


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6. Chung Mong Koo
Hyundai Motor Company chairman

A free man running the No. 5 automaker
2008 Rank: 47

Where was he last year? He narrowly avoided prison after he was convicted on charges of embezzlement to set up a political slush-fund. Chung has since donated the equivalent of more than $1 billion to charity and had his sentence suspended.

While all this was going on: This hands-on chairman pushed Hyundai/Kia past Honda Motor to become the world's fifth-largest automaker, by sales volume.

Bet you didn't know: His father and uncles established Hyundai, now the second-largest chaebol in South Korea, in 1940 as an auto-repair shop.

Influence on: First indigenous V-8, the Tau, in Lexus-fighter Genesis. Up next, a V-6-powered Mustang-fighter and the Portico crossover/utility vehicle. Subsidiary Kia's new Soul also looks like a winner.

Success where you wouldn't expect it: Europe.

Bottom line: Hyundai is a rare bright spot in the current automotive environment.

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