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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
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October 22, 2014
07:00 EDTHYMLFHyundai says overhauled Sonata slow to excite U.S., Reuters says
Hyundai's recently overhauled Sonata sedan was intended to aid the company in increasing sales, but some critics feel that the vehicle is a boring substitute compared to last year's model and is off to a quiet start in exciting the U.S. market, according to Reuters, citing comments from Hyundai spokesman Zayong Koo. Koo feels that sales and marketing for the new Sonata have not fully begun. Reference Link

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