Hyundai-Kia to pay up to $400 mil to settle class action suit

Article by Anita Panait, on December 25, 2013

Hyundai and Kia will pay up to almost $400 million as part of the settlement agreement over consumer lawsuits alleging that they overstated fuel economy ratings on some 900,000 vehicles sold in the United States. Hyundai Motor America's proposed settlement is around $210 million, while Kia Motors America is about $185 million, according to statements issued by the carmaker – all subject to court review that is expected in early 2014.

The South Korean carmakers faced dozens of class-action lawsuits after they disclosed in November 2012 that they had sold around 600,000 Hyundai and 300,000 Kia vehicles in the US with overstated fuel economy ratings. Officials from the carmakers apologized for the overstated mileage ratings, blaming flawed internal testing procedures for the errors.

The mpg revisions covered eight Hyundai and five Kia nameplates from the 2011, 2012 and 2013 model years like the Hyundai Elantra and Kia Soul. Most of the vehicles had their combined mpg ratings drop by 1 or 2 mpg. Some 53 of such suits were consolidated into a single case in federal court in Los Angeles, according to the statements.

The total settlement equates into an average lump sum payment of about $353 to owners and lessees of the 600,000 Hyundai vehicles, and $667 to 300,000 owners of affected Kia vehicles. "Kia Motors is a responsible company, and the proposed settlement enhances our goal of making things right for our customers by providing new reimbursement options," John Yoon, attorney for Kia Motors America, said in a statement.

Elantra Coupe gets Hyundai's dynamic "Fluidic Sculpture" design philosophy to the next stage. "Fluidic Sculpture" design language mimics the interaction of wind with rough surfaces to make a perception of fluid in movement.

Hyundai's classic hexagonal front fascia opening and jeweled swept-back headlights allow the Elantra Coupe to have a lean, audacious disposition. Fog lights and available side mirror repeater lamps supplement the view from the front.

From the side, Hyundai Elantra Coupe delivers a wedge-like sport coupe outline with profoundly etched surfaces. SE model sporty five-spoke 17-inch alloy wheels with dark spoke inserts likewise include a dynamic vibe, while quick A- and C-pillar angles form a strongly tapered greenhouse, additionally showcasing the wedge profile. Just underneath the belt line, a classic character line appears from the door through to the rear deck. Wheel arch creases provide a discreet flared look around front and rear wheels, for an extensive and daring presence. Furthermore, a beveled rocker panel balances the lean and solid impact.

From the rear, a blacked-out rear diffuser valance differentiates with double chrome-tipped exhaust tips, and the SE model deck cover integrates a lip spoiler design component.

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Topics: hyundai, kia, lawsuit



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