Skip advert
Advertisement

Hyundai and Kia in record fuel economy settlement

Hyundai and Kia have been forced into a $100 million settlement with US regulators for overstating the fuel economy of their cars

Unrealistic fuel economy figures are a growing source of anger among motorists, and an issue that the EU has pledged to crack down on. It turns out the problem is the same in the US, as Hyundai and Kia have both admitted to overstating fuel economy figures and paid a record settlement to regulators.

Advertisement - Article continues below

The South Korean brands were accused of exaggerating the official fuel efficiency by up to six miles per gallon in 1.2 million cars. This also meant that CO2 emissions were underreported to the US Environmental Protection Agency. Both carmakers admitted to this back in 2012.

Most economical cars

As well as the $100 million settlement, the largest ever figure paid for a violation of the Clean Air Act, Hyundai and Kia have been forced to forfeit emissions credits for understating figures, which are worth approximately $200 million.

Hyundai Santa Fe

On top of this, the two firms have been made to spend $50 million to implement measures to prevent this happening again, meaning the settlement totals $350 million.

The underreporting of greenhouse gas emissions are the equivalent of 4.75 million metric tonnes of CO2. The figures apply to current cars such as the Hyundai Santa Fe and Veloster, as well as the Kia Rio and Soul, and non-UK models such as the Hyundai Accent and Elantra.

Hyundai's North American CEO, David Zuchowski, says the firm is "pleased to put this behind us", as well as stating that despite the adjusted figures, Hyundai "continues to lead the automotive industry in fuel efficiency".

Both companies' share price fell nearly 6% after markets had closed on the day of the announcement.

Do you think there are other manufacturers that could be accused of overstating fuel economy? Let us know in the comments below...

Skip advert
Advertisement
Skip advert
Advertisement

Recommended

First look at new Hyundai Inster: cheap electric city car to target Citroen e-C3
Hyundai Inster teaser 1
News

First look at new Hyundai Inster: cheap electric city car to target Citroen e-C3

Hyundai’s entry-level EV will be unveiled on 27 June at the Busan Mobility Show in South Korea
11 Jun 2024
Kia’s future new car plans laid bare in 2024 Investor Day announcement
Kia CEO Ho Sung Song presenting brand's EV line-up strategy on stage
News

Kia’s future new car plans laid bare in 2024 Investor Day announcement

The upcoming Kia EV2, EV6 facelift and EV9 GT were all mentioned in Kia’s ‘state of the nation’ address
5 Apr 2024
Best new cars coming in 2024
Best new cars coming in 2024 - header image
Best cars & vans

Best new cars coming in 2024

There are some big new models from the likes of BMW, Citroen, Dacia, Ford, MINI, Skoda and more on the way in 2024
12 Mar 2024
Hyundai Casper: dinky electric SUV to ghost in as Citroen e-C3 rival
Hyundai Casper (camouflaged) - front 3/4
News

Hyundai Casper: dinky electric SUV to ghost in as Citroen e-C3 rival

Hyundai’s entry-level EV is rumoured to be arriving in Europe sometime this year
5 Feb 2024

Most Popular

Giant Panda electrified! New Fiat Grande Panda arrives with EV and hybrid power
Fiat Panda - front
News

Giant Panda electrified! New Fiat Grande Panda arrives with EV and hybrid power

Hybrid and electric versions will be available – the same as its sister cars, the Citroen C3/e-C3 and Vauxhall Frontera
14 Jun 2024
Car Deal of the Day: spicy Volkswagen Polo GTI packs a lot of punch for £238 a month
Volkswagen Polo GTI cornering
News

Car Deal of the Day: spicy Volkswagen Polo GTI packs a lot of punch for £238 a month

VW’s smallest hot hatch is an impressively grown up car that’s wrapped up in a compact body, and it’s our Car Deal of the Day for 14 June
14 Jun 2024
New Nissan Leaf is an SUV! 2025 model gets advanced tech and concept car looks
Nissan Leaf exclusive image
News

New Nissan Leaf is an SUV! 2025 model gets advanced tech and concept car looks

The next-generation Nissan Leaf will transform into an SUV inspired by the Chill-Out concept and our exclusive image previews how it could look
16 Jun 2024