Hyundai and Kia going to pay $41.2 million in resolve state mileage claims

by SpeedLux
2016 Kia Optima

Korean automakers Hyundai Motor and affiliate Kia Motors will pay $41.2 million to deal with a long term investigation by 33 U.S. states over the car manufacturers’ 2012 mileage restatements, state attorney generals stated.

In 2014, the car manufacturers were hit with $350 million in charges by the U.S. government for overemphasizing fuel economy ratings. Under the accord, which included the sale of 1.2 million automobiles and SUVs, the vehicle companies paid a $100 million charge, invested around $50 million to prevent future offenses and surrendered emissions credits approximated to be worth over $200 million. That settlement was on top of $395 million the car manufacturers consented to pay in 2013 to solve claims from the owners of the automobiles.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.