Showing posts with label Environmental Protection Agency. Show all posts
Showing posts with label Environmental Protection Agency. Show all posts

Wednesday, November 5, 2014

Hyundai And Kia Release Statements After Being Fined For Advertising Misleading Gas Mileage

Statement From Hyundai
Hyundai today announced that it has 
entered into an agreement with the 
U.S. Environmental Protection 
Agency (EPA) and California Air
Resources Board (CARB) to resolve 
the government’s investigation of 
its 2012 restatement of fuel economy 
ratings. The adjustment affected 
approximately one-quarter 
of Hyundai 2011-13 model year vehicles, 
reducing their combined city/highway 
fuel economy by 1-2 miles per gallon (mpg). As part of the agreement, Hyundai 
will pay a $56.8 million civil penalty, forgo the use of approximately 2.7 million 
greenhouse gas (GHG) emission credits – the credits representing the difference 
between original and restated emission data – and continue to implement a 
series of measures including the formation of an independent certification test 
group to oversee the automaker’s fuel economy testing, training, data 
management and reporting. Additionally, Hyundai will continue to audit model 
year 2015-16 vehicles to confirm the accuracy of their fuel economy ratings.