According to a report by Tech Times on Friday, August 8, Korean automotive giant Hyundai has reached a $17.35 million settlement with the National Highway Traffic Safety Administration (NHTSA) over charges that the October 2013 recall of 2009 to 2012 Genesis units was not timely enough.
In 2012, Hyundai learned about the affected vehicles’ malfunctioning brake system which can easily corrode. The company failed to recall the units, and instead responded to the issue by releasing a Technical Service Bulletin instructing dealers to replace the brake fluid in the system. Hyundai started recalling the models in October 2013, after the NHTSA threatened an investigation.
As part of the settlement, the company has also agreed to put in place a more efficient process in identifying and reporting potential defects.
The failure to recall defective automobiles poses a great risk to consumers. If you believe the car accident you have been involved in was a result of a vehicle defect, our team of product liability attorneys at Joe Miller Law may be able to help you. Call our Norfolk office at (888) 694-1671 to learn more about your legal options.