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Kia Sedona gets top marks in safety...


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http://www.detnews.com/apps/pbcs.dll/artic...=73241835856978

 

Sedona, Impreza rate safest in crash tests

 

Group of GM minivans was downgraded in study

 

David Shepardson / Detroit News Washington Bureau

 

RUCKERSVILLE, Va. -- The Kia Sedona and Subaru Impreza received top safety marks from the Insurance Institute for Highway Safety, while a group of GM minivans was downgraded.

 

The institute's president, Adrian Lund, called the Sedona the "best minivan we've tested."

 

 

Editor's note: Keep in mind that IIHS are the "badasses" of safety testing. They're not to be confused with the more forgiving NHTSA governmental testing.

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Prosecutors detain 2 Hyundai execs

Slush fund is at center of scandal

 

April 15, 2006

 

BY JAE-SOON CHANG

 

ASSOCIATED PRESS

SEOUL, South Korea -- Prosecutors said Friday they detained two top executives of Hyundai Motor Co. and a former executive of a government-run bank in an escalating scandal over allegations the company created a slush fund to buy influence with government officials.

 

Chief Financial Officer Lee Jung-dae and Kim Seung-nyun, a vice president in charge of procurement, were the first Hyundai Motor executives to be detained in the investigation. Also detained on Friday was Park Sang-bae, former deputy governor of the government-run Korea Development Bank, prosecutors said.

 

The investigation centers on suspicions that the country's largest automaker embezzled money from affiliates to create a slush fund and used it via at least two lobbyists to seek business favors from the government.

 

One lobbyist, Kim Jae-rok, was arrested last month on charges of receiving billions of won (millions of dollars) from Hyundai with a request that he use his influence to help the company win construction approvals and permits.

 

It wasn't clear if Kim used the Hyundai money to bribe government officials. In any case, it's illegal in South Korea to accept money in return for exercising influence, prosecutors said.

 

Another lobbyist, Kim Dong-hun, a certified public accountant, was arrested on Thursday, also on suspicion of taking money from Hyundai in exchange for lobbying for the company, prosecutors said.

 

Prosecutors didn't provide details, but local media, including Yonhap news, reported that the second lobbyist allegedly arranged a series of shady deals that resulted in a reduction of debts at two Hyundai affiliates and that Park, the detained former banker, is suspected of playing a role in those deals in exchange for money from the lobbyist.

 

Hyundai Motor declined to comment.

 

Over the past month, prosecutors have raided offices of Hyundai and its three affiliates -- Kia Motors Corp., logistics unit Glovis Co. and auto-parts maker Hyundai Autonet -- and questioned key officials.

 

Hyundai Chairman Chung Mong-koo has not been questioned. But it won't be long before prosecutors call him in for questioning, the newspaper Chosun Ilbo said.

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IIHS does not have the best side impact test.

 

For example, the IIHS gives the 2006 Civic their highest rating...however, NHTSA only gives the Civic 4 Stars for side impact, and thats with side air bags standard.

 

 

Also the Kia Rio gets only 3 Stars from NHTSA on side impact WITH side curatin air bags

 

LINK

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