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Lessons From Hyundai’s Hero

September 27, 2013

Chung Mong-Koo, with a net worth of USD5.4 billion, is listed by Forbes as the second richest man in Korea. He only holds a Bachelors Degree in Arts/Science, but also has ample tenacity and hard work. This man has prevented Hyundai Motor from disappearing from the auto industry’s history. Thomas A. Edison’s said, “Many failures of this world is from people who did not realise how close they were to success when they gave up.” Hyundai’s success is an obvious example of Edison’s quote.

North Korea To Get A Car Plant

September 26, 2013

North Korea and strange news seem to go together. In fact, we are more familiar with bad news such as famines, shortages, plagues, lack of skilled labour and human rights abuses. Rarely do any positive news come from the country once labelled as one of the Axis of Evil by the US government.

Euro MPs Against Biofuels

September 24, 2013

On 11 September 2013, the European Parliament approved a new cap on the maximum amount of first generation biofuels that will be permitted for future usage. It is set at a cap of 6% of fuel used in transport by 2020.

Thailand PUSHES The Green Bandwagon

September 23, 2013

Last month, Thai Prime Minister Yingluck Shinawatra and Volkswagen’s AG Chief Executive Officer Christian Klingler had a tete-ta-tete about issues surrounding the green car industry in Thailand. PM Yingluck invited VW to explore the possibility of manufacturing eco-friendly cars in Thailand, taking opportunity of various government policies.