Federal judge signs off on $1 billion settlement over Kia/Hyundai car fires
Engine issue brought to light by ABC Action News I-Team
WFTS
and last updated 2021-05-13 13:54:57-04
TAMPA, Fla. â A federal judge approved a $1 billion settlement for four million KIA and Hyundai owners to settle a case over an engine defect first brought to light by ABC Action News I-Team Investigator Jackie Callaway in 2018.
The settlement is estimated at $1.3 billion over the engine defect that was linked to cars and SUVs spontaneously bursting into flames. The money from the settlement, first announced in 2019, would cover reimbursement for past repairs and expenses, free repair or replacement for damaged engines, denied warranty coverage and loss of vehicle value.