Hyundai and Kia are rolling out “theft deterrent software” for millions of car owners in the United States amid reports that a viral social media trend has led to an increase in thefts of its vehicles that lack push-button ignitions and immobilizing anti-theft devices. The National Highway Traffic Safety Administration (NHTSA) said in a statement…
Hyundai, Kia to Thwart Car Thefts by Targeting Crime Method Popularized on TikTok
Two Insurance Companies Stop Providing Coverage for Hyundai and Kia Car Models
January 30, 2023
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anti-theft techBusiness & MarketsCompanieselectronic immobilizersHyundaiKiaprogressive insuranceState FarmUS
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Top insurers State Farm and Progressive are refusing to provide insurance coverage for certain models made by South Korean car firms Kia and Hyundai, with reports claiming that the vehicles are easier to steal due to a lack of proper anti-theft technology like electronic immobilizers. “State Farm has temporarily stopped writing new business in some…
EV Boom Helps Drive Record US Sales for Hyundai and Kia
Demand for electric vehicles (EVs) helped drive record sales for South Korean automakers Hyundai and Kia in the United States last month, as EV adoption continues to grow and Tesla’s dominance of the market slips. Hyundai Motor America had “terrific” sales in November, especially for its lineup of “eco-friendly vehicles,” the company’s CEO Randy Parker…
America’s EV Boom Continues With Hyundai and SK On Battery Deal
November 30, 2022
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Business & MarketsCompanieselectric vehicleelectric vehicle batteriesenergyHyundaiInflation Reduction ActJoe BidenKiaMarketsSK GroupSK InnovationTech
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A South Korean battery maker will supply electric vehicle (EV) batteries to Hyundai Motor Group’s manufacturing plants in the United States, as government incentives and the auto industry’s move to electrify its car fleets continue to fuel EV-related investment. SK On, part of Seoul-based SK Group, and Hyundai announced the partnership on Nov. 30, saying…
2023 Kia Telluride Introduces New Trims
Telluride’s X-Line and X-Pro trims encourage even more outdoor experiences with added ruggedness and capability. The new X-Line has higher ground clearance, a new raised roof rails, and Downhill Brake Control. The X-Pro adds increased towing capacity with Tow Mode, and 18-inch wheels wearing Continental All-Terrain tires. Design enhancements further elevate its distinctly upscale and…
Park Outside: Kia Recalls SUVs Again for Risk of Engine Fire
Kia is telling owners of nearly 72,000 older Sportage small SUVs in the United States to park them outdoors and away from structures after getting reports of more engine fires. It’s the second time that Sportages from the 2008 and 2009 model years have been recalled due to fire risks that apparently can start near…
Park Outside: Fire Risk Prompts Hyundai, Kia Hitch Recalls
DETROIT—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 U.S. because of the problem, but they haven’t figured out how to fix it yet….
Kia to Recall 105,000 Rio Cars in Russia
Kia Corp.’s Russian subsidiary launched a voluntary recall of more than 100,000 cars on Monday due to a possible airbag malfunction, a government regulator announced. The recall affects Kia Rio models assembled between 2013 and 2018 at the Hyundai Motor Group factory in the Russian city of St Petersburg, Russia’s federal agency for technical regulation…
Major South Korean Industries Face Production Cuts and Shutdowns Amid China’s Lockdowns
May 3, 2022
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Asia & PacificBusiness & EconomyBusinesses in COVID-19ChinaChina Business & Economychinese importsHyundaiKiaLGlockdownsSamsungSouth Koreasupply chainWorld
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South Korea’s major industries are experiencing supply disruptions in core components as the pandemic lockdowns in China show no end in sight. With the country’s high dependence on Chinese imports, any disruption in the supply chain would threaten the South Korean economy, according to a recent study. Under the severe disruptions to the Chinese supply…
Hyundai, Kia Tell Owners of Nearly 485,000 Recalled Vehicles To Park Outside Due to Fire Risk
February 9, 2022
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Business & EconomyCompaniesfire riskHyundaiKiaNational Highway Traffic Safety AdministrationUSUS News
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Hyundai and Kia are urging customers of nearly 485,000 recalled vehicles to park outside and away from other vehicles or structures due to a risk of fire, even when engines are turned off. According to a statement from National Highway Traffic Safety Administration (NHTSA), the two Korean automakers have identified an increased risk of an…
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