ID :
108308
Wed, 02/24/2010 - 08:35
Auther :

Hyundai halts U.S. sales of Sonata sedans over door glitch: report

SEOUL, Feb. 24 (Yonhap) -- Hyundai Motor Co., South Korea's top automaker, has
suspended sales of some of its revamped Sonata sedans in the United States
because of defective front-door locks, a U.S. industry magazine reported
Wednesday.
Shares of Hyundai dived more than 4 percent in early morning trade on Wednesday
as investors feared that the report could lead to a recall on Hyundai's flagship
sedan.
Hyundai's U.S. unit ordered the halt of sales of the 2011 Sonata after notifying
dealers that front door-lock modules on some of the cars could stick under
certain circumstances, the U.S. magazine AutoWeek said on its Web site, citing
company spokesman Miles Johnson.
Officials at Hyundai's public relations team in Seoul said they were working on
"figuring out" the report.
Shares of Hyundai Motor dropped 3.85 percent to 112,500 won (US$97.2) as of 9:32
a.m. on the Seoul bourse.
(END)


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