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HYMTF / CFPB Issues $19M Penalty Against Hyundai Over Credit Reporting

CFPB Issues $19M Penalty Against Hyundai Over Credit Reporting
The Consumer Financial Protection Bureau (CFPB) has ordered carmaker Hyundai to pay more than $19 million for providing inaccurate information to credit reporting companies. The CFPB announced the penalty Tuesday (July 26), saying it was its largest ever Fair Credit Reporting Act (FCRA) case against an auto servicer. Read More
Posted: Jul 26 2022, 14:57
Author Name: PYMNTS
Views: 110577

HYMTF News  

Hyundai Motor's Q3 net profit rises 151%, beats forecasts

By Reuters
October 26, 2023

Hyundai Motor's Q3 net profit rises 151%, beats forecasts

South Korea's Hyundai Motor Co reported on Thursday a rise of 151% in third-quarter profit, boosted by solid sales of high-margin sport utility vehicl more_horizontal

South Korea's Hyundai, Saudi Aramco clinch $2.4 bln gas plant deal

By Reuters
October 23, 2023

South Korea's Hyundai, Saudi Aramco clinch $2.4 bln gas plant deal

South Korea's Hyundai Engineering & Construction and Hyundai Engineering have signed a $2.4 billion contract with oil giant Saudi Aramco to build a ga more_horizontal

Samsung SDI says to supply EV batteries to Hyundai Motor starting 2026

By Reuters
October 22, 2023

Samsung SDI says to supply EV batteries to Hyundai Motor starting 2026

South Korea's Samsung SDI said on Monday it will supply Hyundai Motor with electric vehicle batteries for seven years starting 2026. more_horizontal

Hyundai to build Saudi car plant jointly with Saudi wealth fund

By Reuters
October 22, 2023

Hyundai to build Saudi car plant jointly with Saudi wealth fund

South Korea's Hyundai Motor Group will build a car plant in Saudi Arabia jointly with the Public Investment Fund (PIF), Saudi Arabia's sovereign wealt more_horizontal

Beijing Hyundai cuts asking price for Chongqing auto plant by 30%

By Reuters
October 8, 2023

Beijing Hyundai cuts asking price for Chongqing auto plant by 30%

Beijing Hyundai Motor has cut the minimum asking price for its auto plant in the southwestern Chinese city of Chongqing by almost 30% to 2.58 billion more_horizontal

Is South Korea failing women in the workplace? Just look at Hyundai Motor

By CNN Business
October 6, 2023

Is South Korea failing women in the workplace? Just look at Hyundai Motor

When Hwang Ji-sun, 52, first joined the assembly line at South Korean carmaker Hyundai 22 years ago, women like her had it tough. more_horizontal

All eyes on VW after Hyundai, Kia adopt Tesla charging standard

By TechCrunch
October 5, 2023

All eyes on VW after Hyundai, Kia adopt Tesla charging standard

Hyundai and Kia have finally announced their plans to adopt Tesla's North American Charging Standard (NACS) ports for their electric vehicles in the U more_horizontal

Hyundai, Kia, Genesis EVs Will Adopt Tesla NACS Charging Port in 2024

By CNET
October 5, 2023

Hyundai, Kia, Genesis EVs Will Adopt Tesla NACS Charging Port in 2024

Current owners of CCS-equipped Hyundai Motor Group EVs will gain Supercharger compatibility later via an adapter. more_horizontal


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