Filed under:
MPG,
Hyundai,
Kia,
Legislation and Policy
There has been a lot of fallout from the
overstated fuel economy figures that both
Hyundai and
Kia have admitted to. The two companies are
handing out lots of cash to affected customers in the form of
debit cards, and the EPA might
change the way it works with automakers on fuel economy labels. Some Hyundai/Kia buyers, though, wanted more than an apology and a reimbursement, and thus they filed a number of
class-action lawsuits. Thirty-eight, in fact, which were all combined into one big case at the US District Court in Los Angeles. Hyundai is now reportedly saying it is willing to settle, and Kia is deciding whether to participate or not. Both automakers declined to comment.
The details from the filing are all undisclosed, sadly, so we don't know how much Hyundai will be paying (one of the original suits said buyers were due a total of $775 million), but
Automotive News says buyers can continue to get reimbursed through the debit cards or take a lump sum payment through the class-action suit. No double-dipping, folks. Earlier reports
said the class-action suits were seeking to let buyers back out of leases and loans, but there is no mention of this in this week's news.
Between Kia and Hyundai, around 900,000 vehicles were sold in the US with incorrect MPG numbers on the window sticker. Before the overstated mpg numbers
were revealed in late 2012, Hyundai was
already the target of a class-action suit over the mpg numbers in the
Elantra.
Hyundai willing to settle MPG cases, offering lump sum payout to buyers originally appeared on
Autoblog Green on Wed, 27 Feb 2013 10:14:00 EST. Please see our
terms for use of feeds.
Permalink |
Email this |
Comments
More...