Litigation
Dec. 25, 2013
Automakers settle fuel economy claims
Automakers Hyundai Motor America and Kia Motors America announced a $400 million settlement Monday with plaintiffs in a class action alleging false fuel economy claims impacting the manufacturers' 2011 through 2013 fleet of vehicles.
By Henry Meier
Daily Journal Staff Writer
Automakers Hyundai Motor America and Kia Motors America announced a $400 million settlement Monday with plaintiffs in a class action alleging false fuel economy claims impacting the manufacturers' 2011 through 2013 fleet of vehicles. According to numbers released by the companies, Hyundai will pay out $210 million and Kia will pay out an additional $185 million in lump sum payments. These payments are in lieu of an existing mileage ...
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