There have been times when carmakers went all out with an engine but lost, often with catastrophic consequences. For instance, the EcoBoost was once touted as the future of Ford engines but now is ...
Hyundai Motor Co. and affiliate Kia Corp. will reflect provisions totaling 2.9 trillion won ($2 billion) in their third-quarter earnings as problems relating to their Theta GDI engine continue to ...
Hyundai and Kia have set aside 2.9 trillion won ($2 billion USD) in Q3 to cover off issues relating to defective Theta GDI engines. As reported by Bloomberg, Hyundai has earmarked $900 million USD for ...
The U.S. government’s road safety agency has paid more than $24 million to a whistleblower who reported that Hyundai and Kia moved too slowly to recall over 1 million vehicles with engine problems.