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Stock Market & Financial Investment News

News Breaks
July 28, 2014
10:30 EDTHYMLFHyundai issues recall for 2015 Sonatas due to potential brake defect
Hyundai is recalling certain model year 2015 Sonata vehicles manufactured April 25 through June 16. Due to a manufacturing error, one or both of the front brake calipers may fracture. If a brake caliper fractures, brake effectiveness would be reduced, lengthening to distance required to stop the vehicle, increasing the risk of a crash. Hyundai contacted the affected owners on June 19 and instructed them not to drive their vehicles. Hyundai dealers will replace the affected brake calipers, free of charge. 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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