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Consumers filed a class action lawsuit in August 2022, claiming certain model year Kia and Hyundai vehicles were not equipped with engine immobilizers, which made them susceptible to theft and ...
A Seattle-based law firm filed the suit in August 2022 on behalf of about 9 million people who bought or leased Kia or Hyundai vehicles manufactured between 2011 and 2022.
To settle a class-action lawsuit in the United States against Hyundai and Kia, the two brands agreed to pay about US$200 million, of which up to $145 million would offset out-of-pocket losses that car owners had incurred. The settlement was announced on May 18, 2023, and requires approval by a federal judge. [22]
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A group of 33 members of Congress, led by Democratic Michigan Congressman Dan Kildee, wrote to urge the Department of Labor to "take immediate action to rid Hyundai's supply chain of child labor." [ 10 ] [ 11 ] CEO Jae Hoon Chang announced to shareholders on February 24, 2023 that Hyundai would be divesting its controlling stake in SMART. [ 12 ]
Lexington joins a growing number of cities that have sued the automakers over a lack of anti-theft features and a boom in stolen vehicles. Lexington files suit against Kia, Hyundai, saying auto ...
In 1947, Hyundai Togun (Hyundai Engineering and Construction), the initial company of the Hyundai Group, was established by Chung Ju-yung. [3] Hyundai Construction began operating outside of South Korea in 1965, initially entering the markets of Guam, Thailand and Vietnam. [4] In 1950, Hyundai Togun was renamed Hyundai Construction. In 1958 ...