Hyundai Motor, Kia to Take $2.9 Billion Hit on Engine Problems
Hyundai Motor Co., right, and the Kia Motor Co. headquarters stand in Seoul, South Korea. (Photographer: Seokyong Lee/Bloomberg)

Hyundai Motor, Kia to Take $2.9 Billion Hit on Engine Problems

(Bloomberg) -- South Korea’s two biggest automakers are taking a 3.36 trillion won ($2.9 billion) earnings hit because of costs related to a 2019 settlement of a U.S. class-action lawsuit linked to...
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