About 840,000 owners of Hyundai Motor Co. Ltd. and Kia Motors Corp. vehicles have been offered a settlement in an unusual legal case that may cost Hyundai a minimum of $85 million. A class-action lawsuit on behalf of the owners charged Hyundai Motor of America deliberately had overstated engine power for certain vehicles – ranging from model years ’96 to ’02 – by as much as 10%. The suit also charged Hyundai with deceptive trade practices to gain an unfair competitive advantage. ...

Premium Content (PAID Subscription Required)

"Hyundai Offers to Settle Over Horsepower Inflation" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.