Paramount Skydance Faces $30 Million Film Penalty in Warner Bros. Deal 
US, Japan and South Korea Back Taiwan Ahead of Trump-Xi Summit 
White House Bars CNN, MS NOW and Politico Reporters 
Dollar Hits Two-Month High as Fed Rate Hike Bets Rise 
Telix to Acquire Germany’s ITM in $1.65 Billion Radiopharma Deal 
US Dollar Hits Two-Month High as Fed Rate Hike Bets Rise 
Asian Currencies Muted as Dollar Firms Ahead of Trump-Xi Summit 
Gold Prices Rise as Oil Slump Eases Fed Rate Hike Fears 
Oil Prices Rise as U.S.-Iran Talks Fuel Diplomacy Hopes 
SpaceX Nasdaq 100 Weight to More Than Double in Rebalance 
Japan Private-Sector Growth Slows as Domestic Demand Weakens 
NASA, Boeing Discuss Expanding Starliner Missions 
Wall Street Surges as Meta Leads AI Rally, Oil Prices Fall 
Vietnam, US Trade Deal Could Be Signed Soon, To Lam Says 
Nike Earnings at Risk as UBS Cuts Price Target to $42 
Russian Envoy Dmitriev Heads to US for Ukraine Talks 
Add as a preferred source on Google
Kia and Hyundai recall almost 600,000 vehicle units after finding a defect on the trunk latch. It was said that the recent recall affects the 2016 to 2018 Kia Forte and 2018 to 2019 Kia Rio and Forte Koup models.
Fox Business reported that for Hyundai, its 2017 and 2018 Sonata Hybrid car units and Hyundai Accents from 2018 to 2020 are also part of the recall. Moreover, the Hyundai Azera cars from 2016 and 2017 are included in the callbacks that were issued in the United States.
It was said that there is damage in the trunk latches as they were found to be not opening from the inside. On Friday last week, the U.S. National Highway Traffic Safety Administration released documents that showed a report where a person could be trapped inside the trunk due to the problem with the latch.
Moreover, the latches could break, and this makes the Kia and Hyundai vehicle units to be not up to the quality level that is approved by the Federal Motor Vehicle Safety Standard under its internal trunk release term. This means that with the issue, the affected vehicles no longer comply with the requirements of the NHTSA’s FMVSS, so the Korean automakers have recalled the units for proper repairs.
The Road Show stated that according to the NHTSA filings, the car latches inside the trunk might become damaged, and it will eventually stop functioning as it should. To address the problem and make the vehicles comply with FMVSS’s "Internal trunk release" policy, the affected cars must be brought to authorized Kia and Hyundai dealers for a fix.
The trunk latches would be replaced at no cost to owners. For owners of the Kia vehicles, they will be contacted through mail starting Oct. 5, and for Hyundai owners, they will start receiving the recall notifications starting Oct. 1.
Finally, as posted on the recall notice, owners of the Kia and Hyundai that are included in the list can call the companies’ customer service department if they have more questions. The service numbers given are 1-855-371-9460 and give recall number 208 for Hyundai and 1-800-333-4542 for Kia, and callers must give the recall number of SC216.
