Automotive

Hyundai Goes To Court And Space

Hyundai has been making impressive moves in the EV market, just announced they have hired new safety chiefs, and now are learning a lesson about credit reporting the hard way. Two steps forward, one step back.
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Hyundai Goes To Court And Space

👩‍⚖️ 💰Hyundai Capital America will pay a $6m civil fine and $13.2m in consumer restitutions. The US Consumer Financial Protection Bureau found the company reported inaccurate information 8.7m over 4 years ending in March 2020. The inaccurate information led to lowered customer credit scores, which the regulator says Hyundai knew about and did not fix. 

🚀 🌘Set back but still blasting off. Approaching the anniversary of the first drive on the moon, Hyundai and Kia announced a collaboration with a group of research institutes to develop mobility solutions for the moon - or you could say, space cars. The six collaborating Korean organizations represent a range of expertise, from atomic energy to civil engineering. No specific goal or timeline has been announced. The practical implications for advancing vehicle technology and human exploration are usually open-ended pursuits.

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