Seoul – In 2013, Hyundai Motor Co. and Kia Motors Corp. agreed to pay $395 million to settle a class-action lawsuit in the United States. The lawsuit was based on allegations that the Korean carmakers inflated the fuel economy of some vehicles sold in the U.S.
According to Yonhap News Agency, this settlement marked a significant moment for Hyundai and Kia, reflecting the challenges global automakers face in different markets regarding compliance and consumer expectations. The case underscored the importance of accurate and transparent communication with consumers, especially in highly competitive and regulated markets like the United States.