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05 December 2019 The on-line newspaper devoted to the world of transports 16:02 GMT+1

November 7, 2000

Korea's heavy burden
The country's industrial giants are on the verge of collapse, struggling under huge debts.

Hyundai Engineering & Construction and Daewoo Motor are two of the most respected corporate names in South Korea. Millions of Koreans live in Hyundai apartments that dot the urban landscape, and drive to work in Daewoo cars.

But these symbols of Korea's industrial might are close to collapse. Daewoo Motor may be declared ......
Read more on Financial Times

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