OK the part with the bolt going through it is a rubber bushing ( top of the spindle ) it is either dry and squeaking or separated and clunking don't know what noise your hearing . If is squeaking then don't worry about it if its clunking and that is the spot the clunk is coming from ( not a blown rear shock or something else ) then you will need to get that fixed unfortinitaly . The top of the spindle looks like it sets the rear alignment and if the bushing is loose then the rear alignment will be bad and you will notice crappy tire wear on that corner of the car . I can check tomorrow what aprox labour would be . Im not a Hyundai tech and this is just in my opinion but im am a licensed mechanic .
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