In November, Reuters reported that U.S. federal prosecutors had launched a criminal investigation to determine if the recalls had been conducted properly. Hyundai and Kia have agreed to settle a US class action lawsuit over engine defects for $758m. Hyundai will set aside $505m for the settlement, while Kia will pay $253m. The settlement is expected to be approved by Judge Robert Pitman on Friday in San Francisco, where it was filed last week. The deal will impact over four million Hyundai and Kia models equipped with Theta II gasoline direct injection engines.
Hyundai and Kia have agreed to settle a US class action lawsuit over engine defects for $758m. Hyundai will set aside $505m for the settlement, while Kia will pay $253m. The settlement is expected to be approved by Judge Robert Pitman on Friday in San Francisco, where it was filed last week. The deal will impact over four million Hyundai and Kia models equipped with Theta II gasoline direct injection engines.