SoftwareONE Posts 22.5% Revenue Surge in 2025 on Crayon Acquisition 
Cathay Pacific Holds Firm on Flight Capacity Amid Middle East Conflict and Rising Fuel Costs 
Japan Business Sentiment Rises as Iran War Fuels Inflation Fears, BOJ Rate Hike Looms 
RBC Capital: European Medtech Firms Show Minimal Middle East and Energy Risk Exposure 
U.S. Dollar Posts Strong Monthly Gain Amid Middle East Conflict Despite Late Dip 
U.S. Stock Futures Steady Amid Iran Ceasefire Talks and Trump Address 
South Korea's Exports Hit Record High in March on AI-Driven Chip Demand 
KPMG UK Cuts 440 Audit Jobs Amid Low Attrition and Cooling Professional Services Demand 
Heritage, desire and diplomacy: why China still values scotch whisky 
South Korea's Inflation Rises Modestly in March Amid Oil Price Pressures 
Gold Prices Rebound in Asia Amid Iran War Ceasefire Hopes 
AI is driving down the price of knowledge – universities have to rethink what they offer 
Russell 1000 Companies Hit $2.2T Cash Record While Aggressively Reinvesting in Growth 
Why financial hardship is more likely if you’re disabled or sick 
Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic 
Chinese Universities with PLA Ties Found Purchasing Restricted U.S. AI Chips Through Super Micro Servers 
Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears 
Hyundai Motor and Kia announced a recall of more than 91,000 vehicles, citing fire risks associated with faulty oil pump controllers. The Korean automakers urge owners to park affected vehicles outdoors as a safety precaution until repairs are made.
The recall includes models such as the Hyundai 2023-2024 Palisade, Tucson, Sonata, Elantra, and Kona vehicles and the Kia 2023-2024 Seltos, Soul, and Sportage vehicles. Approximately 52,000 Hyundai vehicles and nearly 40,000 Kia vehicles are included in this recall.
According to Korean automakers, the electronic controllers for the Idle Stop & Go oil pump assembly may contain damaged electrical components that can result in overheating of the pump. Owners will be notified of the recall in late September, and dealers will inspect and replace the electric oil pump controller as necessary.
Although no accidents or injuries have been reported, Kia has received six reports of potentially related thermal events, while Hyundai has received four similar reports. Both automakers have assured the National Highway Traffic Safety Administration that a suspect part has been eliminated from production since March.
Hyundai has advised its dealers to provide rental vehicles to customers who feel unsafe operating their affected vehicles until a recall fix can be implemented. Furthermore, if owners notice a burning or melting odor, they are encouraged to have the vehicle towed to the nearest Hyundai dealer and not attempt to drive it. In addition to the fire risks, heat damage from the affected oil pump assembly could trigger a short circuit, impacting other vehicle controllers.
The investigation leading to this recall began in December when Hyundai received a report of heat damage to the wire harness/connector of the electric oil pump in a 2023 Hyundai Palisade vehicle. Kia also received a similar melting report in a 2023 Soul in June.
Owners are urged to stay informed and take the necessary steps to ensure their safety and the well-being of their vehicles.
Photo: Stephen Kidd/Unsplash
