Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
---|
Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
---|
Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
---|
Hyundai Motor Co., Ltd. (OTC:HYMTF) and Kia America have reportedly recalled a combined 147,100 U.S. vehicles on Thursday.
The National Highway Traffic Safety Administration (NHTSA) said that the Integrated Charging Control Unit (ICCU) may become damaged and stop charging the 12-volt battery, which can lead to a loss of drive power, increasing the risk of a crash, reported Reuters.
In particular, Hyundai will recall 98,878 vehicles, affecting certain Ioniq and Genesis models, while Kia will recall 48,232 vehicles impacting certain EV6 models.
In September 2023, Hyundai Motor and Kia Corp issued “park outside” recalls for more than 3.3 million vehicles due to the fire risk.
Also Read: Hyundai Workers In Alabama Join UAW Amid Unionization Drive
Price Action: HYMTF shares are down 5.76% at $56.51 on the last check Friday.
Photo by Maryland GovPics via Flickr
Posted In: HYMTF