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HYUNDAI MOTOR RESOLVES MULTISTATE INVESTIGATION OF 2012 FUEL ECONOMY RATINGS RESTATEMENT

October 27, 2016 - Posted in Hyundai News Posted by:

FOUNTAIN VALLEY, Calif., Oct. 27 – Hyundai Motor today announced that it has entered into an agreement with the Attorneys General of 33 States and the District of Columbia to resolve their investigation of the automaker’s 2012 restatement of fuel economy ratings and related advertising. The adjustment affected approximately one-quarter of Hyundai 2011-13 model year vehicles, reducing their combined city/highway fuel economy by 1-2 miles per gallon (mpg). As part of today’s agreement, Hyundai and Kia will pay $41.2 million to settle the States’ consumer protection claims and to cover their investigative costs.

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