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Hyundai, Kia will pay $100 million for overstating fuel economy claims
Hyundai, Kia will pay $100 million for overstating fuel economy claims

South Korean automakers Hyundai and Kia have agreed to penalties totaling an estimated $350 million for inflating fuel economy claims on 1.2 million vehicles, the Environmental Protection Agency said Monday. The penalty — the largest in Clean Air Act history — stemmed from an investigation by the EPA and the Department of Justice. In a settlement, the automakers agreed to pay a $100-million fine, forfeit environmental credits estimated to be worth $200 million and spend another $50 million on reforms to prevent future violations. The inflated ratings resulted in the emission of an additional 4.75 million metric tons of greenhouse gases, the agency estimated. “This...

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