According to a new crime report, car robberies have skyrocketed in dozens of cities across the United States in the first half of 2023. The Council on Criminal Justice (CCJ) released its “Crime Trends in U.S. Cities: Mid-Year 2023 Update” on July 20, which examines monthly crime rates for ten violent, property, and drug offenses in 37…
Auto Thefts Skyrocket in Cities Across the United States
July 22, 2023
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Highway Safety Agency Reports Power Problems in 2022 Hyundai Ioniq 5 SUVs
DETROIT—Multiple U.S. owners of Hyundai’s popular Ioniq 5 electric SUV have complained of completely or partially losing propulsive power, many after hearing a loud popping noise, the National Highway Traffic Safety Administration said Saturday. Hyundai said it would offer a software update beginning next month and replace affected components if necessary. The NHTSA said in…
New York City Goes After Hyundai, Kia After Security Flaw Leads to Wave of Social Media Fueled Theft
June 7, 2023
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New York City has filed a lawsuit against Hyundai and Kia, joining a host of other cities beset by a social media fueled wave of car thefts due to a flaw that made some car models highly susceptible to theft. Viral how-to videos on TikTok and other sites show how to start the cars using…
Hyundai Motor Group, LG Energy Jointly Investing $4.3 Billion in EV Battery Plant in Georgia
May 26, 2023
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South Korea’s Hyundai Motor Group and LG Energy Solution Ltd. plan to invest 5.7 trillion won ($4.3 billion) to build an electric vehicle (EV) battery plant in the United States as part of a push to “drive the EV transition in America” and take advantage of tax credits provided by the Inflation Reduction Act (IRA). The two companies…
Hyundai, Kia Announce $200 Million Settlement Over Security Flaw Targeted by TikTok Challenge
SANTA ANA, Calif.—A settlement was reached in federal court in Santa Ana of litigation brought by Hyundai and Kia car owners over a security weakness in the vehicles that was promoted on social media platforms, the automakers announced May 18. Thefts of the cars were driven last summer following a TikTok challenge that outlined a…
Hyundai Motor to Exit Russia, Selling Its Plants: Media Report
SEOUL—South Korea’s Hyundai Motor Co. plans to exit Russia and sell its manufacturing plants there to a Kazakh company, South Korean media reported on Wednesday. South Korean TV network MBC reported that negotiations to sell Hyundai’s factories in Russia are in the final stage, adding that the automaker has been waiting for a final approval…
Hyundai Motor Bolsters US Presence With $5 Billion EV Battery Venture
April 25, 2023
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SEOUL0—South Korea’s Hyundai Motor Co. said on Tuesday it had finalized a $5 billion electric vehicle (EV) battery joint venture in the United States, boosting electrification efforts in its largest market. Hyundai also reported its first-quarter net profit had more than doubled, exceeding expectations. Its shares rose as much as 5 percent to a seven-month…
18 State Attorneys General Seeking to Recall Hyundai and Kia Vehicles, Citing High Risks of Theft
April 21, 2023
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Attorneys general of 18 states have written a letter to the National Highway Traffic Safety Administration (NHTSA) asking for the recall of certain models of Hyundai and Kia vehicles due to the carmakers’ failure in taking necessary steps to address the ease with which these vehicles are being stolen. The April 20 letter (pdf) asked…
Thefts Prompt 17 States to Urge Recall of Kia, Hyundai Cars
April 21, 2023
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SACRAMENTO, Calif.—Attorneys general in 17 states on Thursday urged the federal government to recall millions of Kia and Hyundai cars because they are too easy to steal, a response to a sharp increase in thefts fueled by a viral social media challenge. Some Kia and Hyundai cars sold in the United States over the last…
Transport Canada Says Hyundai Auto Canada Guilty of Safety Violation
Transport Canada said on Tuesday Hyundai Auto Canada Corp. pleaded guilty to six different counts of criminal charges for violating the Motor Vehicle Safety Act. Hyundai Auto Canada failed to send out notices of safety defect within the prescribed time period of 60 days, the statement said, and the company will pay a fine of…
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