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Violation Tracker Individual Record

Company: Hyundai Motor
Current Parent Company: Hyundai Motor
Penalty: $163,000,000
Year: 2023
Date: May 10, 2023
Offense Group: safety-related offenses
Primary Offense: product safety violation
Violation Description: Hyundai Motor and Kia Motors together agreed to a settlement estimated to be worth at least $326 million to resolve allegations they sold vehicles wioth faulty anti-lock brakes. Court documents did not specify how much each company would pay. Here we assume they each paid half.
Level of Government: federal
Action Type: private litigation
Court: Central District of California
Civil or Criminal Case: civil
Case ID: 8:20-cv-01584
Case Name: Ramtin Zakikhani v. Hyundai Motor Company et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.