Seoul — Hyundai Motor Company and Kia Motors are expected to recall more than a million vehicles in South Korea and the US due to engine issues, the latest blow for two companies already struggling in key markets. The recall, which could cost the two firms hundreds of millions of dollars each, comes as Hyundai and Kia face a sharp drop in Chinese sales and sluggish demand in the US and South Korea. The two car companies said on Friday they would recall 171,348 vehicles in South Korea because of a manufacturing problem, which les to possible engine stalling. The South Korean car makers have also submitted plans to US authorities to recall an unidentified number of vehicles in the US over a “similar” engine issue, a spokesperson at the South Korean duo said. Yonhap News Agency, citing Hyundai, said the US recall would reach about 1.3 million vehicles, an amount close to the duo’s annual US sales. The US recall alone could cost the companies as much as 250-billion won ($220.19m) each, ...
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