HYMLF - Hyundai recalls more than 390K vehicles due to engine fire risk

Hyundai (HYMLF) says it is recalling more than 390K vehicles in the U.S. and Canada due to the risk of engine fires.In one recall, the issue is serious enough that owners are being told to park their vehicles outdoors until repairs are made for brake fluid leak issue, according to Associated Press. The larger recall covers more than 203K Santa Fe Sport SUVs from model years 2013-2015. Some of those vehicles are being recalled a second time. Hyundai says the recall enhances the remedy from one issued in September of last year. The other recall covers nearly 187K Elantra vehicles from model years 2019-2020 and some Konas and Velosters. with 2-liter engines. In that recall, the piston rings may not have been properly heat-treated, which can cause engine damage, oil leaks and possible fires.Yesterday, Hyundai reported that U.S. retail sales jumped 146% in April against the soft pandemic comparable.

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Hyundai recalls more than 390K vehicles due to engine fire risk