28 Jan '13, 11am

Hyundai, Kia Set Aside $412 Million Compensation For Inaccurate MPG Claims - (via @HybridCarsCom)

Hyundai, Kia Set Aside $412 Million Compensation For Inaccurate MPG Claims - (via @HybridCarsCom)

The repercussions of inaccurate fuel economy labeling on some models of Hyundai and Kia vehicles have become a bit more tangible to the Korean automakers. Between them, the companies have designated more than $412 million as compensation to those customers with one of the dozens of models involved in the reimbursement program set up by the two companies. In November of last year the car manufacturers acknowledged to the Environmental Protection Agency (EPA) that procedural errors at the automakers’ joint testing operations in Korea led to incorrect fuel economy ratings for select vehicles. Automotive News has recently reported that an official with Kia has said the brand is allotting about 200 billion Korean won (approximately $187 million) for U.S. customers with affected Kia models, while Hyundai has said it will spend 240 billion won ($225 million) to compensate its cus...

Full article: http://www.hybridcars.com/hyundai-kia-set-aside-412-milli...

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