In 1990, the Reading-era "Blueliner" and PRR-era Pioneer III/Silverliner I coachers were retired. In 2002, SEPTA announced the building of 104 new Silverliner V cars to replace the Silverliner II and Silverliner III. SEPTA retired the Silverliner II and Silverliner III cars in June 2012 and replaced them with the Silverliner V model. A total of 120 new Silverliner V cars were built, with the first three entering service on October 29, 2010. The cost for all 120 cars is $274 million, and they were constructed in facilities located in South Philadelphia and South Korea by Hyundai Rotem. The cars were built with wider seats and quarter point doors for easier boarding or departing at high-level stations in Center City. As of March 2013, all 120 cars have been delivered, and are in service. On July 2, 2016, SEPTA announced all 120 Silverliner V cars were being removed from service due to a "serious structural defect." At the time, the Silverliner V cars represent one-third of SEPTA's regional rail fleet.