Hyundai Settles Misstated MPG Lawsuits With $41.2M Settlement
Hyundai has settled the case of its misstated fuel economy ratings with a $41.2 million payment.
About one-quarter of Hyundai’s 2011 to 2013 vehicles had misstated mpg ratings and had to be reduced by 1 to 2 mpg. Customers who owned the vehicles were issues debit cars to reimburse them based on the numer of miles the car had driven between the old EPA rating being released and the new EPA ratings.
Hyundai has now entered into an agreement with 33 States and the District of Columbia to resolve their investigation into the matter. The Korean brand also says that the agreement contains no “admission of any wrongdoing or violations of any law.”
SEE ALSO: The Newest Hyundai Looks a Bit Like a BMW
“Even with our adjusted ratings, we are encouraged that Hyundai continues to lead the automotive industry in fuel efficiency and environmental performance,” said David Zuchowski, President and CEO of Hyundai Motor America.
Discuss this story at our Hyundai Forum
Stephen covers all of the day-to-day events of the industry as the News Editor at AutoGuide, along with being the AG truck expert. His truck knowledge comes from working long days on the woodlot with pickups and driving straight trucks professionally. When not at his desk, Steve can be found playing his bass or riding his snowmobile or Sea-Doo. Find Stephen on <A title="@Selmer07 on Twitter" href="http://www.twitter.com/selmer07">Twitter</A> and <A title="Stephen on Google+" href="http://plus.google.com/117833131531784822251?rel=author">Google+</A>
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