HUF 7.5 billion indemnified by the fact that an engineer sold the Hyundai-Kia group – Auto-Motor

In the United States, the NHTSA authority oversees car manufacturers, who also order recalls – the Hyundai-Kia Group, for example, had to recall 1.6 million cars with Theta II engines in November 2020 because of a fire hazard. The South Korean company was fined a total of $ 210 million for misinforming the authority and failing to initiate a recall in a timely manner, of which $ 81 million was paid by the automaker directly to the NHTSA account as a fine.
The tip tax whose information materially influences the official procedure is entitled to 30% of this amount, ie in this case, Kim Gwang-ho, a former Hyundai engineer, received $ 24 million, or almost HUF 7.5 billion. Back in 2015, the U.S. Motor Vehicle Safety Whistleblower Act was passed, the first of which is now paid, all because it rewards the work of someone who has contributed substantial information to improve public safety.

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Source: Autó-Motor by www.automotor.hu.

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