Hyundai, Kia will pay $360 million in EPA settlement
Korean car manufacturers Hyundai and Kia will pay $360 million to settle the Environmental Protection Agency's investigation into the companies' fuel economy ratings.
Monday's announcement comes after a two-year investigation into claims that the companies overstated the fuel economy ratings on the window stickers of 1.2 million vehicles between 2011 and 2013. The settlement, which is the largest of its kind under the Clean Air Act, includes forfeiting $210 million in greenhouse gas emission credits, a $100 million civil penalty, and spending $50 million "to ensure independent auditing" and "measures to prevent any future violations," The Detroit News reports.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
7 bars with comforting cocktails and great hospitalitythe week recommends Winter is a fine time for going out and drinking up
-
7 recipes that meet you wherever you are during winterthe week recommends Low-key January and decadent holiday eating are all accounted for
-
Nine best TV shows of the yearThe Week Recommends From Adolescence to Amandaland
-
Nobody seems surprised Wagner's Prigozhin died under suspicious circumstancesSpeed Read
-
Western mountain climbers allegedly left Pakistani porter to die on K2Speed Read
-
'Circular saw blades' divide controversial Rio Grande buoys installed by Texas governorSpeed Read
-
Los Angeles city workers stage 1-day walkout over labor conditionsSpeed Read
-
Mega Millions jackpot climbs to an estimated $1.55 billionSpeed Read
-
Bangladesh dealing with worst dengue fever outbreak on recordSpeed Read
-
Glacial outburst flooding in Juneau destroys homesSpeed Read
-
Scotland seeking 'monster hunters' to search for fabled Loch Ness creatureSpeed Read
