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. ...
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