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Stock Market & Financial Investment News

News Breaks
March 11, 2014
07:23 EDTHYMLFHyundai to debut first battery-powered electric car in FY16, Reuters says
Hyundai is planning to begin selling its first battery-powered electric vehicle in FY16 as the South Korean company places its bets on next-generation green technology, according to Reuters, citing comments from the company's senior vice president Lee Ki-sang. Reference Link
News For HYMLF From The Last 14 Days
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August 26, 2015
16:26 EDTHYMLFMajor automakers sued over allegedly 'deadly' keyless technology, Reuters says
A number of automakers have been named in a lawsuit alleging that keyless ignition technology can lead to "deadly" results due to carbon monoxide poisoning from cars left running under the belief that engines will automatically switch off, reports Reuters. Defendants include General Motors (GM), Ford (F), Fiat Chrysler (FCAU), Honda (HMC), Hyundai (HYMLF), Nissan (NSANY), Toyota (TM), Volkswagen (VLKAY), BMW (BAMXY), and Daimler's (DDAIF) Mercedes Benz, said Reuters. According to the plaintiffs, the carmakers had "actual knowledge" of the so-called risks and could have prevented 13 deaths and numerous injuries. Reference Link

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