Chung Mong Koo, chairman of Hyundai Motor Co., Kia's parent,
CHINA - DECEMBER 08: Chung Mong Koo, chairman of Hyundai Motor Co., Kia's parent, speaks at the opening ceremony of Kia Motors Corp.'s factory in Yancheng, China, on Saturday, Dec. 8, 2007. Hyundai Motor Co. and affiliate Kia Motors Corp., South Korea's biggest automakers, aim to increase sales 21 percent this year selling new cars and sport-utility vehicles in China, India and other overseas markets. (Photo by Kevin Lee/Bloomberg via Getty Images)

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