||11-02-2012 09:41 AM
Hyundai, Kia Admit Fuel Ecnomy Numbers Not Accurate
Korean automakers Hyundai and Kia have admitted to overstating fuel mileage claims on most of their models over the past three years, and will now be forced to pay back car owners for their embarrassing error.
Both automakers will begin to retrofit their cars with new window stickers immediately, that reduce the fuel consumption ratings by up to 6 mpg depending on the vehicle model. The companies are being forced to reimburse around 900,000 customers, for the entire lifetime that they own the vehicle. The reimbursement amount will be based on the mileage of the vehicle, and will attempt to pay back money that the owners would have saved if the fuel mileage rating was originally correct. Additionally, Hyundai and Kia will add on 15 percent to help compensate for the inconvenience this has caused.
An audit by the Environmental Protection Agency (EPA) revealed that the brands turned in numbers that did not match their own test results on these cars, and an investigation is now being launched into all of the automakers vehicles.
Hyundai and Kia claim that the error was unintentional, and have already issued a public apology for the error.
See the complete story on the Hyundai/Kia Fuel Economy Numbers