BREAKING: Massive Automobile Recall Leaves MILLIONS In Danger- Your Engine Will BLOW UP- Here’s What You Need To Do

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Hyundai Motor Co and Kia Motors Corp plan to recall close to 1.5 million vehicles in the United States, Canada and South Korea due to engine issues, the latest blow for two firms already struggling in key markets.

The recall could cost the two firms hundreds of millions of dollars each revives quality concerns at a time when Hyundai and Kia face a sharp drop in China sales and sluggish demand in the United States and South Korea.

The South Korean companies are recalling 1.19 million cars and sport utility vehicles in the United States, 114,187 in Canada and 171,348 in South Korea due to the engine issue that increases the risk of a crash, according to safety regulators in those respective countries.

The U.S. recall involves Hyundai’s Sonata and Santa Fe and Kia’s Optima, Sorento and Sportage.

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The recall could hit earnings with the recall costing each company as much as $220.19 million, said Koh Tae-bong, an analyst at Hi Investment & Securities.

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South Korea’s transport ministry said on Friday metal debris in crankshafts could cause engine damage, leading to possible loss of motive power.

The recall in South Korea covers Hyundai’s Sonata, Grandeur sedans and Kia’s K5, K7 and Sportage models equipped with a 2-liter or 2.4-liter Theta 2 gasoline engine produced before August 2013, the ministry said.

“The recall is related to a manufacturing process problem, not the structural problem of Theta 2GDi engines and we have completed improvements through appropriate measures,” the companies said in a statement.

Hyundai will replace a defective engine with a new one after inspection. The recall in South Korea will start on May 22.

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We are looking into when the recall will start in the USA.

If you have one of these automobiles you should contact your dealer for more information.

Stay tuned.

(Reporting by Hyunjoo Jin; Editing by Randy Fabi and Jane Merriman)

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Source- Reuters

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