Hyundai Motor Group includes flagship Hyundai Motor and its affiliate Kia, which together are the world's number three automaker by sales
A Seattle City attorney in the US has filed a lawsuit against Hyundai Motor and its affiliate Kia for the lack of anti-theft technology in some of their models, the carmakers said.
Hyundai and Kia are telling owners of some of their large SUVs to park them outdoors and away from buildings after a series of fires involving trailer hitch wiring. The Korean automakers are recalling more than 281,000 vehicles in the US because of the problem, but they haven't figured out how to fix it yet. The automakers reported 25 fires or melting incidents in the US and Canada caused by the problem, but no crashes or injuries. The recalls cover more than 245,000 Hyundai Palisade and over 36,000 Kia Telluride SUVs from the 2020 through 2022 model years. In documents posted on Tuesday by the US National Highway Traffic Safety Administration, the companies said debris and moisture can accumulate in a circuit board in the tow hitch wiring. That can cause an electrical short, which can lead to a fire. Hyundai said that dealers will inspect the wiring and remove a fuse as an interim repair. Kia doesn't have an interim repair. The companies say a final repair is being developed. In
Automaker Kia said on Friday that its second-quarter net profit jumped 40 per cent from a year earlier on an improved product mix and a weak won
Analysts said that would be a slight increase on 2017, when the automakers are estimated to have sold about 7.3 million vehicles, their lowest in five years.
Move comes after concerns were raised about 12 models by an ex-employee of Hyundai
While Kia will compete with its parent, Hyundai, others are not going to make life easy for it
We're going out of our way to make sure our customers are happy: Hyundai
It could cost the 2 firms hundreds of millions of dollar each