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U.S. fines automakers Hyundai and Kia for misstating mileage

2014-11-04 03:05:55| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The Korean automakers Hyundai Motor and Kia Motors will pay the federal government a combined $300 million in penalties as part of a settlement for overstating vehicle fuel-economy standards on 1.2 million vehicles, the Justice Department and the Environmental Protection Agency announced on Monday. The penalty is the largest ever for a violation of the Clean Air Act, government officials said. Under the agreement, the automakers will pay $100 million in fines and forfeit an estimated $200 million...

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