Hyundai, Kia earmark $760 million to settle U.S. lawsuits over engine fires
SEOUL — Hyundai and affiliate Kia
have earmarked 900 billion won ($758 million) to settle U.S. class action litigation and address engine-related issues including fires and failures in the United States and South Korea.
The move
marks the South Korean auto giant’s first major effort to resolve years of trouble over engine defects that have also sparked probes by the U.S. safety regulator and prosecutors.
Autoblog
https://www.autoblog.com/amp/2019/10/12/hyundai-kia-760-million-settlement-engine-fires-failures/