Hyundai Motor Co and Kia Motors' U.S. units on Friday agreed to a record US$210 million civil penalty after U.S. auto safety regulators said they failed to recall 1.6 million vehicles for engine issues in a timely fashion.
Kia's civil penalty totals US$70 million, including an upfront payment of US$27 million, requirements to spend US$16 million on specified safety measures and a potential US$27 million deferred penalty. "We are taking immediate action to enhance our response to potential safety concerns," said Brian Latouf, chief safety officer, Hyundai Motor North America.
Hyundai's consent order will last three years, while Kia's is for two years, but both can be extended by one year.
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