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Presidential hopefuls disclose assets: Ahn richest at W137b, Lee at W3b
Presidential hopefuls disclose assets: Ahn richest at W137b, Lee at W3b

Korea Herald

time29-03-2025

  • Business
  • Korea Herald

Presidential hopefuls disclose assets: Ahn richest at W137b, Lee at W3b

Rep. Lee Jae-myung, leader of the main opposition Democratic Party of Korea and a leading presidential contender if an early election is called, reported over 3 billion won ($2 million) in personal assets, government data showed Thursday. According to annual asset disclosures released separately by the National Assembly's Ethics Committee and the Government Public Ethics Committee, Lee's total assets amounted to 3.08 billion won as of the end of 2023, down 26 million won from the previous year. Lee jointly owns an apartment in Seongnam, Gyeonggi Province, with his wife Kim Hye-kyung. The apartment was valued at 1.45 billion won — up 4.97 percent from a year earlier. He also reported purchasing a 2024 Genesis G80 sedan. His financial assets include 1.584 billion won in bank savings and 138 million won in liabilities. Among other presidential hopefuls from the Democratic Party, Gyeonggi Province Gov. Kim Dong-yeon — considered a key figure in the party's anti-Lee faction — reported assets worth 3.5 billion won, up 168 million won from the previous year. From the ruling bloc, Seoul Mayor Oh Se-hoon topped the list of sitting metropolitan mayors with 7.4 billion won in declared assets, marking an increase of 1.43 billion won on-year — the largest both in total assets and asset growth among regional government heads. The rise was attributed to gains in the value of US stocks, including Nvidia and MicroStrategy, despite a decline in his bank deposits, according to local reports. Daegu Mayor Hong Joon-pyo ranked third among metropolitan mayors with 4.26 billion won in assets. Labor Minister Kim Moon-soo reported 1.07 billion won, about 30 million won more than what he declared during his confirmation hearing in November last year. Rep. Ahn Cheol-soo of the ruling People Power Party was the wealthiest among all presidential hopefuls, with 136.8 billion won in declared assets. His portfolio includes 1.86 million shares of AhnLab, a cybersecurity company he founded prior to entering politics, valued at 123.1 billion won. Rep. Lee Jun-seok, leader of the minor conservative Reform Party and the first to officially declare his presidential bid, reported 1.47 billion won in assets. Former Prime Minister Kim Boo-kyum and former South Gyeongsang Gov. Kim Kyung-soo — both considered potential opposition candidates — as well as former People Power Party leader Han Dong-hoon and former lawmaker Yoo Seong-min — key figures within the conservative bloc — were not subject to this round of asset disclosures as they neither hold public office nor serve in parliament. According to a public opinion poll on support ratings for presidential hopefuls released Thursday by pollster Research View, Lee Jae-myung led the race with 48.3 percent support, followed by Kim Moon-soo (16.4 percent), Hong Joon-pyo (6.5 percent), Han Dong-hoon (5.7 percent), Oh Se-hoon (4.9 percent), and Kim Dong-yeon (3.1 percent).

Presidential hopefuls disclose assets: Ahn leads at W136.8b, Lee at W3.08b
Presidential hopefuls disclose assets: Ahn leads at W136.8b, Lee at W3.08b

Korea Herald

time27-03-2025

  • Business
  • Korea Herald

Presidential hopefuls disclose assets: Ahn leads at W136.8b, Lee at W3.08b

Rep. Lee Jae-myung, leader of the main opposition Democratic Party of Korea and a leading presidential contender if an early election is called, reported over 3 billion won ($2 million) in personal assets, government data showed Thursday. According to annual asset disclosures released separately by the National Assembly's Ethics Committee and the Government Public Ethics Committee, Lee's total assets amounted to 3.08 billion won as of end-2023, down 26.13 million won from the previous year. Lee jointly owns an apartment in Seongnam, Gyeonggi Province, with his wife Kim Hye-kyung. The apartment was valued at 1.456 billion won — up 4.97 percent from a year earlier. He also reported purchasing a 2024 Genesis G80 sedan. His financial assets include 1.584 billion won in bank savings and 138 million won in liabilities. Among other presidential hopefuls from the Democratic Party, Gyeonggi Province Governor Kim Dong-yeon — considered a key figure in the party's anti-Lee faction — reported assets worth 3.505 billion won, up 168.32 million won from the previous year. From the ruling bloc, Seoul Mayor Oh Se-hoon topped the list of sitting metropolitan mayors with 7.405 billion won in declared assets, marking an increase of 1.429 billion won on-year — the largest both in total assets and asset growth among regional government heads. The rise was attributed to gains in US stocks, including Nvidia and MicroStrategy, despite a decline in his bank deposits, according to local reports. Daegu Mayor Hong Joon-pyo ranked third among metropolitan mayors with 4.259 billion won in assets. Labor Minister Kim Moon-soo reported 1.07 billion won, about 30 million won more than what he declared during his confirmation hearing in November last year. Rep. Ahn Cheol-soo of the ruling People Power Party was the wealthiest among all presidential hopefuls, with 136.8 billion won in declared assets. His portfolio includes 1.86 million shares of AhnLab, a cybersecurity company he founded prior to entering politics, valued at approximately 123.1 billion won. Rep. Lee Jun-seok, leader of the minor conservative Reform Party and the first to officially declare his presidential bid, reported 1.471 billion won in assets. Former Prime Minister Kim Boo-kyum and former South Gyeongsang Gov. Kim Kyung-soo — both considered potential opposition candidates — as well as former People Power Party leader Han Dong-hoon and former lawmaker Yoo Seong-min — key figures within the conservative bloc — were not subject to this round of asset disclosures as they neither hold public office nor serve in parliament. According to a public opinion poll on support ratings for presidential hopefuls released Thursday by pollster Research View, Lee Jae-myung led the race with 48.3 percent support, followed by Kim Moon-soo (16.4 percent), Hong Joon-pyo (6.5 percent), Han Dong-hoon (5.7 percent), Oh Se-hoon (4.9 percent), and Kim Dong-yeon (3.1 percent).

2025 Genesis G80 vs 2025 Toyota Crown Platinum: Both cost $57,000, which one is better?
2025 Genesis G80 vs 2025 Toyota Crown Platinum: Both cost $57,000, which one is better?

Yahoo

time28-02-2025

  • Automotive
  • Yahoo

2025 Genesis G80 vs 2025 Toyota Crown Platinum: Both cost $57,000, which one is better?

The Toyota Crown Platinum and Genesis G80 are two midsize sedans that are starting to attract some serious attention. They have incredible styling, excellent ride quality, and an approachable price tag for most car buyers. As great as they are, some differences might sway your decision. Some differentiating factors come down to your taste, while others objectively nod to one of these vehicles. Which one reigns supreme? Let's find vehicles have an MSRP of around $57,000, with the Genesis G80's base model starting at $57,100, and the Toyota Crown Platinum starting at $56,125. The difference is that the top-end Crown Platinum starts at $54,990, while the G80 commands $77,000 for its top-end Sport Prestige trim. Both offer many accessories and add-ons that can cause the price to creep upward in tandem with the overall luxury, both inside and out This one's a toss-up. Unless $1,000 will make or break your car buying decision, the pricing difference across these two vehicles is relatively negligible. Do you want stately or sporty? This is a key decision to make in this comparison. The Genesis G80 is a stately and sedate sedan. Its long, sweeping, subtly curving body lines trace from its headlights to its taillights, giving Rolls Royce vibes along the way. Even its slight sport-back rear glass is very Rolls-y, so it's safe to say the Genesis team was heavily inspired by quarter-million-dollar vehicles. The front end also has a massive grill announcing its presence, and the backside of the G80 is, to us, quite like a Mercedes-Benz. Both the front and rear lights are split, giving the sedan more presence as you approach it. The Toyota Crown, including the Platinum trim, is far sportier. Its front end has a low, squat grill, and the rear roofline is far more like an old-school Mustang Sportback than the G80. The square body line is interrupted by a haunch behind the rear passenger doors, and the whole package looks a lot more like a crossover than a sedan. Genesis took inspiration from high-end cars, while Toyota stuck to its own ethos, creating a vehicle closer resembling a Camry rather than a Bentley. That's not a knock, it's just the truth. Toyota knows who it is, and is comfortable in its Genesis G80 is well-equipped and fitting for its class, with plush quilted seats that give an air of opulence from the first glance. The whole cabin feels almost ensconced in leather. We enjoy the wider foot wells up front, and there's a ton of leg, shoulder, and headroom throughout this vehicle. The Toyota Crown Platinum is also spacious but falls short. The back seat feels a bit more cramped, and the front foot wells seem to have less width. Taller drivers may prefer the Genesis G80. Both are well-equipped and have large dash-mounted display setups, but we think Genesis has the edge. Its large, singular 27-inch display is leaps and bounds nicer than Toyota's dual displays. Both sport hardware buttons for important controls like air conditioning and have decent center consoles, although we like the G80's better. Genesis gets the nod for subtle premium touches, especially its superior steering wheel. The Toyota Crown Platinum loves to cruise. It sits a touch higher and gives the sensation it's floating over the road, although we're not crazy about Toyota's noisy stock tires. Genesis also mastered a smooth sedan ride with the G80. Although it sits lower than the Crown, it offers similar ride comfort without the noisy tires. Both vehicles have the same overall length, but the G80 has a slightly longer wheelbase. The Crown is a livelier drive and feels less cumbersome than the G80 so if you're looking for that, the Toyota Crown wins this cars have AWD drivetrains and similarly specced engines. The Toyota Crown Platinum has a hybrid 2.4-liter four-cylinder paired with a six-speed automatic transmission generating 340 horsepower. The Genesis G80 has a 2.5-liter four-cylinder with an eight-speed automatic transmission, giving you 300 horsepower. The Genesis G80 falls well short of Toyota in terms of MPGs, estimating you'll get 20 miles per gallon in the city and 29 miles per gallon on the highway. The Toyota Crown Platinum sees an estimated 29 MPG in the city and 32 MPG on the open road. The Toyota dealer network is hard to beat. It's vast, and the service centers are staffed with experienced technicians. Having your Crown serviced will be essentially painless. Hyundai, which owns Genesis, is known for having below-average service centers, with owners frequently reporting issues that take months to resolve. Hyundai drivetrains aren't known for reliability, either, but we've not heard of major issues with the G80. Toyotas are known for reliability. It may not be as glamorous a vehicle as the G80, but the Crown won't disappoint you. If you plan to keep the car for a decade or so, its resale value is negligible. Those who plan to keep the vehicle for four to six years should keep in mind that Toyotas have higher resale it matters, Toyota has a clear advantage. The Crown offers better fuel economy, a tried and true drivetrain, and plenty of creature comforts. The Genesis G80, on the other hand, focuses on opulence over anything. If you're after a vehicle that will have people thinking you work in upper management when it gets chauffeured, this is the one for you. Despite the similar pricetags, these vehicles could not be further apart in the overall emotion they seek to bring out from their passengers. If money was no issue, which of the two would you choose? Love reading Autoblog? Sign up for our weekly newsletter to get exclusive articles, insider insights, and the latest updates delivered right to your inbox. 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More than 32,000 Hyundai Genesis vehicles recalled: See affected vehicles
More than 32,000 Hyundai Genesis vehicles recalled: See affected vehicles

Yahoo

time26-02-2025

  • Automotive
  • Yahoo

More than 32,000 Hyundai Genesis vehicles recalled: See affected vehicles

More than 32,000 Genesis vehicles are being recalled by Hyundai, according to a recall issued by the National Highway Traffic Safety Administration last week. According to the NHTSA, recalls include certain models of the Genesis G80 as well as models of its GV80 and GV70 'Electrified' vehicles. A software error may cause the instrument panel display to fail. The recall says owners of impacted vehicles are expected to be mailed on April 20. Dealers will also offer updates to the faulty instrument panel software free of charge. Here's what to know about the recall. The recall covers the following Genesis vehicles: 2023 Genesis G80 2024 Genesis G80 2023 Genesis GV80 2024 Genesis GV80 2025 Genesis GV70 2023 Genesis 'Electrified' GV70 2024 Genesis 'Electrified' GV70 2025 Genesis 'Electrified' GV70 The NHTSA's database allows you to search for recalls based on your vehicle identification number or VIN. You can also search USA TODAY's recall database for car, food, drug and other product recalls. Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him at and follow him on X @fern_cerv_. This article originally appeared on USA TODAY: Hyundai recalls more than 32,000 Genesis vehicles for software error

Innocean's Genesis G80 ranks among top 10 most memorable Super Bowl ads
Innocean's Genesis G80 ranks among top 10 most memorable Super Bowl ads

Korea Herald

time13-02-2025

  • Automotive
  • Korea Herald

Innocean's Genesis G80 ranks among top 10 most memorable Super Bowl ads

Innocean, the marketing unit under Hyundai Motor Group, announced Thursday that its 2016 Super Bowl advertisement for Hyundai Motor's Genesis G80 had ranked among the top 10 most memorable Super Bowl commercials of the past decade. According to a survey released on Feb. 7 by global advertising agency VCCP and marketing consultancy Cowry Consulting, which surveyed 1,000 US adults, "First Date"—featuring Kevin Hart as an overprotective father—took fourth place, following advertisements from Budweiser, Doritos and Heinz. It was also the only automotive advertisement to make the top 10 among those televised during the NFL championship. American comic actor Hart portrays an over-the-top father tracking his daughter on first date, seamlessly highlighting the Genesis G80's location tracking feature. The well-structured storyline and humor resonated with audiences, leaving a lasting impression on US consumers. In 2016, the commercial topped USA Today's annual Super Bowl Ad Meter, a key measure of consumer sentiment toward Super Bowl advertisements. It was the first time a commercial for either a non-US-based company or an automotive brand ranked first since the index was introduced in 1989. With well over 100 million viewers in the US alone, the Super Bowl is widely regarded as the biggest advertising stage in the world, fetching a premium for the ad spots. Companies paid as much as $8 million for a 30-second slot at this year's Super Bowl. 'Great advertisements stay in consumers' minds no matter how much time passes. Innocean will continue efforts to showcase differentiated creativity in the global market,' said Innocean CEO Lee Yong-woo.

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