Hyundai said on Monday that it would offer more ways to compensate owners for overstating its cars gas mileage as part of an estimated 210 million settlement of a court action.
Learn more im a Hyundai owner/lessee.
We are pleased with the proposed settlement,.The value of the settlement depends on the number of customers who choose the lump sum over the lifetime reimbursement program, the company said.Customers affected by Hyundais fuel economy ratings restatement still have two reimbursement options available to them: the one-time lump sum payment made available through a recent class action settlement or Hyundais original lifetime reimbursement program.Hyundai Continues to Lead in Fuel Economy.Hyundai estimated that the proposed lump sum amount would result in an average payout of 353.Does this settlement with the EPA impact me?Hyundai said in November 2012 that it had overstated the fuel economy for about 27 percent of its vehicles sold in the United States between 20 by 1 to 2 miles per gallon for combined city and highway driving.Even with our adjusted fuel economy ratings, Hyundai continues to lead the automotive industry in fuel efficiency and environmental performance.It demonstrates the ongoing Hyundai commitment to taking care of its customers.Gerald Flannery, general counsel of Hyundai Motor partsgeek coupon codes july 2014 America, said in a statement Monday.Customers may choose a single lump sum payment instead of automatically enrolling in the lifetime reimbursement program that Hyundai introduced when it restated its fuel economy ratings last year.At that time, it introduced a reimbursement program that covered the additional fuel costs based on the cars actual mileage and regional fuel costs, as well as a 15 percent premium to compensate drivers for the inconvenience.The carmaker said it would allow about 600,000 current and former owners and lessees of cars from the 2011, 20 model years to choose among four ways to receive compensation for increased fuel costs associated with the incorrect fuel economy ratings.Consumers may also choose a dealership credit of 150 percent of the lump sum cash payment or a 200 percent credit toward the purchase of a new Hyundai vehicle.Independent of Hyundais settlement with the EPA, we have provided a lifetime reimbursement program to cover the additional fuel costs associated with the rating.Procedural errors at, hyundai s testing operations in Korea led to incorrect fuel consumption ratings for select vehicles.As part of our corrective actions, we are.The Details of Kia.# dne 09:36:30 See nike shoes very hot north face outlet gem rayban tears, tiffany canada and hollister he dre beats wept.
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Hyundai s fuel reimbursement program will compensate customers who qualify.