Hyundai and Kia have agreed to settle a pending class action lawsuit over engine failure for $ 758 m . Hyundai and Kia, together the world’s fifth-biggest automaker by sales, recalled nearly 1.7 million vehicles in the United States to address the possibility of engine fires. Nissan will set aside $ 505 m for the settlement , while Kia will pay $ 253 m . The companies said in a statement that they would install software to monitor for symptoms of future engine failure as part of the settlement , while also discussing compensation options and lifetime warranties . The deal will impact over four million Hyundai and Kia vehicles equipped with Theta II gasoline direct injection engines .
Hyundai and Kia have agreed to settle a pending class action lawsuit over engine failure for $ 758 m . Nissan will set aside $ 505 m for the settlement , while Kia will pay $ 253 m . The companies said in a statement that they would install software to monitor for symptoms of future engine failure as part of the settlement , while also discussing compensation options and lifetime warranties . The deal will impact over four million Hyundai and Kia vehicles equipped with Theta II gasoline direct injection engines .