Things are Cozy in Korea for Kia and Hyundai

Money Talks at Hyundai & Kia
A few days ago we wrote about how the Hyundai-Kia conglomerate had just spent over $10 Billion to buy the land for the new corporate headquarters they intend to build (for another $6 Billion) in Korea. And we asked you to look down at your feet. They take up a little less than one square foot. Are you wearing $18,851 shoes? Because that's how much Hyundai paid for each square foot of the land they so lavishly bought.

And they bought it from the government. Oh yeah, the same government that set free the company's CEO in spite of his conviction for embezzlement and corruption charges involving a $106 million slush fund.

Well in the last few days Hyundai has published several full page newspaper ads welcoming the South Korean President Park Geun-hye to the UN. One must wonder - is he wearing $18,851 shoes too?

Ahhh, Hyundai. The company that builds cars and quietly slips into their car warranties mandatory binding arbitration clauses that prevent consumers from suing them when that shiny sparkling car becomes a lemon. Meanwhile, they lavishly spend money, court political and industrial favors from the rich and powerful - and shabbily treat their own customers.

Like we said years ago, friends don't let friends buy Hyundai. Or Kia. And apparently some folks strongly agree.

Before you buy your next new or used car, think about where it is made and what rich politicians and foreign nationals profit from you hard earned money. And think about how they want to take away your rights so they can sell you a car and stick you with a lemon.

Burdge Law Office
Helping consumers protect themselves for more than 25 years

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ABOUT THE AUTHOR

Known nationwide as a leading Lemon Law attorney, Ronald L. Burdge has represented literally thousands of consumers in "lemon" lawsuits and actively co-counsels and coaches other Consumer Law attorneys. From 2005 through 2018, attorney Ronald L. Burdge has been named as the only Lemon Law Ohio Super Lawyer by Law and Politics magazine and Thomson Reuters Corp., Professional Division. Burdge restricts his practice to Lemon Law and Consumer Law cases. The Ohio Super Lawyer results are published annually in the January issue of Cincinnati Magazine. Ronald L. Burdge was named Consumer Law Trial Lawyer of the Year 2004 by the National Association of Consumer Advocates, the nation's largest organization of consumer law private and government attorneys. "Your impact on the auto industry has been magnified many times over because of the trail you blazed for others," stated NACA's Executive Director, Will Ogburn. Burdge has represented thousands of consumers in Ohio, Kentucky and elsewhere since 1978 and is a frequent lecturer to national, state and local Bar Associations and Judicial organizations. Burdge is admitted to Ohio's state and federal courts, Kentucky's state courts, and Indiana's federal courts. Other court admissions are on a "pro hac" temporary, case by cases basis.