Hyundai and Kia unit settles U.S. charges it repossessed service members’ vehicles

Hyundai Capital America, a unit of Hyundai Motor Co and affiliate Kia Motors Corp, has reportedly settled U.S. charges that it violated federal law by repossessing 1,799 vehicles from active-duty military service members.

As per the settlement, which was filed in the U.S. District Court for the Northern District of Texas, the Hyundai and Kia unit must pay $5 million as a civil penalty to the United States and must pay $24.4 million in compensation to the affected