Hyundai Agrees to Settle U.S. Lawsuits Over Fuel Efficiency
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Hyundai Motor Co. agreed to settle a group of lawsuits by U.S. customers who said they were misled into buying the South Korean carmaker’s vehicles because it overstated their fuel economy.
Lawyers for the plaintiffs said in a filing today in federal court in Los Angeles that Hyundai agreed in principle on terms of a settlement. The actual amount Hyundai would pay wasn’t disclosed. Kia Motors Corp., which was also sued for misstating its cars’ miles-per-gallon, is evaluating whether to join the settlement, according to the filing.