Hyundia owns 33.3% of Kia, they used to own 51%, that makes them by and far the majority shareholder which means they get a large control in the business direction and decisions in Kia. Each having their own stock ticker doesn’t mean anything when it comes to ownership.... that’s not how public companies work.

Where exactly did it go wrong?

Sometimes I feel like Tavarish does 0 research before posting these “you could buy x for the price of y” articles, and by sometimes I mean most of the time.