South Korean Alarm Over EV Battery Fires Puts Spotlight on Safety Concerns August 14, 2024 South Korea is urging automakers operating in the country to disclose the manufacturer of batteries used in electric vehicles (EV)...
Hyundai and Kia to Recall Nearly 170,000 EVs Over Software Problem in South Korea March 18, 2024 Hyundai Motor Co. and sister company Kia Corp. will recall about 170,000 electric vehicles (EVs) in South Korea over problems...
City of Buffalo Sues Kia and Hyundai Over Auto Thefts April 3, 2023 The city of Buffalo has filed suit against Kia and Hyundai seeking to hold the carmakers responsible for the rash...
Scratched EV Battery? Your Insurer May Be Forced to Junk the Whole Car March 20, 2023 By Nick Carey, Paul Lienert and Sarah McFarlane For many electric vehicles, there is no way to repair or assess even slightly damaged battery packs after accidents, forcing...
Ford Halts Production at Southern India Plant as COVID-19 Cases Surge May 28, 2021 By Sudarshan Varadhan CHENNAI – Ford Motor Co. said it will halt production at its car plant in India’s southern state of Tamil...
Renault-Nissan Shuts South India Plant Until May 30 on COVID Safety Concerns May 26, 2021 By Sudarshan Varadhan and Aditi Shah CHENNAI – Automaker Renault-Nissan will shut its plant in India’s southern Tamil Nadu state until May 30, according to an...
Renault-Nissan, Hyundai Face Factory Closures in India over Workers’ COVID-19 Fears May 25, 2021 By Sudarshan Varadhan CHENNAI, India – Automakers Renault, its alliance partner Nissan Motor Co. and Hyundai Motor Co. face temporary factory closures in...
A.M. Best Downgrades Ratings of China’s Hyundai Insurance After Tianjin Blast February 18, 2016 A.M. Best has downgraded the financial strength rating to B++ (Good) from A- (Excellent) and the issuer credit rating to...
A.M. Best Places 2 Chinese Insurers’ Ratings Under Review After Tianjin Blast August 20, 2015 By L.S. Howard As a result of losses resulting from the recent explosions at Tianjin port, A.M. Best has placed under review with...
Montana Judge Approves $73M Punitive Award Against Hyundai September 23, 2014 Hyundai Motor Co. must pay $73 million in punitive damages to the families of two Montana teenagers killed in 2011...