|Hyundai-Kia to pay US $100M for overstating mpg|
|News - St Augustine Area & St Johns County|
WASHINGTON — Korean automakers Hyundai and Kia will pay the U.S. government a $100 million civil penalty to end a two-year investigation into overstated gas mileage figures on window stickers on 1.2 million vehicles.
The penalty, announced Monday by the Justice Department and the Environmental Protection Agency, is the first under new rules aimed at limiting the amount of heat-trapping gases cars are allowed to emit. Those regulations are a cornerstone of President Barack Obama’s plans to combat global warming and are achieved largely through improving vehicle fuel economy.
Read entire article: Hyundai-Kia to pay US $100M for overstating mpg