HYUNDAI RESOLVES NHTSA INQUIRY REGARDING TIMELINESS OF MODEL YEAR 2009-12 GENESIS SEDANS RECALL

FOUNTAIN VALLEY, Calif., Aug. 7, 2014 – Hyundai Motor America currently announced that it has resolved an exploration by a National Highway Traffic Safety Administration (NHTSA) per a timeliness of a automaker’s 2013 remember of approximately 43,500 indication year 2009-12 Hyundai Genesis sedans. As partial of a agreement, Hyundai will compensate a $17.35 million polite penalty.

“Hyundai stays committed to creation reserve a tip priority, and is dedicated to ensuring evident movement in response to intensity reserve concerns including a prompt stating of reserve defects,” pronounced David Zuchowski, boss and CEO of Hyundai Motor America.

To date, a infancy of influenced Genesis vehicles have been remade by a remember process. At emanate was intensity stop complement member gnawing from exclusive stop fluid, that could revoke braking performance. Hyundai released a Technical Service Bulletin to a dealers to reinstate a stop liquid in influenced vehicles, and eventually conducted a reserve remember following NHTSA’s opening of an review into a matter. Importantly, there have been no fatalities or critical injuries relating to this reserve defect.

“In sequence to lessen a conditions like this in a future, Hyundai is instituting new organizational and routine improvements, and enhancing a ability of a U.S. care group to straightforwardly respond to regulatory stating requirements,” pronounced Zuchowski.