Consumers Get More Options in Hyundai/Kia Gas Mileage Settlement | Edmunds.com
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Consumers Get More Options in Hyundai/Kia Gas Mileage Settlement


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Just the Facts:
  • Hyundai and Kia announced this week they will pay up to $395 million to settle consumer lawsuits related to overstated fuel economy ratings in the U.S.
  • Consumers now get more choices in the settlement, including a single lump-sum payment.
  • Hyundai estimated that the proposed lump-sum amount would result in an average payment of $353, while Kia said the estimated average payment would amount to $667.

ORANGE COUNTY, California — Hyundai and Kia announced this week they will pay up to $395 million to settle consumer lawsuits related to overstated fuel economy ratings in the U.S.

Consumers now get more choices in the settlement, including a single lump-sum payment.

Hyundai estimated that the proposed amount would result in an average payment of $353, while Kia said the estimated average payment would amount to $667.

For example, an owner of a 2012 Hyundai Elantra would receive a lump-sum payment of $320 minus any previous reimbursement payments, the automaker said.

The lump sum is an alternative to the "lifetime reimbursement" program that Hyundai and Kia rolled out when they restated their fuel economy ratings last year. Hyundai blamed "procedural errors" at its testing operations in Korea for incorrect fuel economy ratings for approximately 600,000 Hyundai vehicles sold between 2010 and 2012. The adjustment affected about 300,000 Kia vehicles.

Consumers have other options, according to the settlement. They include a Hyundai or Kia dealership credit of 150 percent of the lump-sum cash payment amount, or a credit of 200 percent of the cash amount toward the purchase of a new vehicle.

Hyundai and Kia restated their fuel economy ratings in November 2012. Hyundai said the adjustment affected approximately 27 percent of its 2011-'13 vehicles, reducing their combined city/highway fuel economy by 1-2 mpg.

Initial details of the settlement are available at HyundaiMPGInfo.com and KiaMPGInfo.com.

The automakers said that consumers will be able to access more in-depth Web sites dedicated to the settlement following preliminary court approval in early 2014.

"We are pleased with the proposed settlement," said W. Gerald Flannery, general counsel of Hyundai Motor America, in a statement. "It demonstrates the ongoing Hyundai commitment to taking care of its customers."

Edmunds says: Consumers get four ways to receive compensation for increased fuel costs in this case, which should go a long way toward making everybody happy.

Comments

  • slippery4 slippery4 Posts:

    [Re: US Hyundai-Kia Fuel Economy Litigation] [Part 4 of 4] For court updates see websites see pacer.gov under case number 2:13 – ml – 02424 – GW – FFM Hyundai -Kia fuel economy litigation.For more unbiased updates see “discussion” on YouTube channel “legal advocate 71” or see the website attorney-ethics-elderly-abuse.com. The Hyundai-Kia settlement is "proposed" and the court will review the proposed settlement in 2014 . The court will have final approval and the court could reject the settlement agreement and say that is not enough going to the car owners or the court could require the settlement agreement to include an anti-retaliation section.

  • slippery4 slippery4 Posts:

    Re: US Hyundai-Kia Fuel Economy Litigation Part 3 of 4 If the court approves the settlement in 2014, class members may still have the option to opt out of the settlement or go before the court with their grievances. It will be unfortunate if the court does not consider the fraud and retaliation that has already been proven and admitted to by Hyundai Motor America. Is it worth it for car owners to agree to $400 and possible waive their rights to any Hyundai warranty repairs in the further? The best bet may be to get rid of the Hyundai car due to Hyundai’s history of retaliation. Many car owners say they will not buy Hyundai-Kia because of Hyundai’s stated policy that they can deny service and seek your arrest if you seek service at their dealers. Based on documents filed with the court.

  • slippery4 slippery4 Posts:

    Re: US Hyundai-Kia Fuel Economy Litigation Part 2 of 4 Hyundai Motor America and Girard Gibbs are also named in a Los Angeles filed bankruptcy case. The State Bar of California and office of the state attorney general has been asked to revoke the license certification of two firms/dealers indirectly connected to the class action. Read the Toyota class action filed 2012 settlement agreement online to get an idea of what will happen if the Hyundai settlement is signed by the Judge. Class members received $30-$125 each, for damages and diminished value, while the CASH COW lawsuit awarded 25 law firms and 85 attorneys attorneys a whopping $227 million dollars (estimated).

  • slippery4 slippery4 Posts:

    [Re: US Hyundai-Kia Fuel Economy Litigation] [Part 1 of 4] In a Inglewood, California small claims case 12S01314, a Hyundai car owner was able to get a judgment against a Hyundai dealer for $724 including court fees. A Hyundai dealer did not oppose a payout of $10,000 for the single Hyundai owner. This same car owner, by himself, sought $85 million dollars judgment against Hyundai Motor America, Los Angeles Central District case Johnson v Taylor et al. CV13-2264 FMO (MRWx). The proposed settlement byHagens Berman Sobel will give car owners at about $400, less than what the small claims court had already ruled a similar case worth. Hyundai also sought to pay the $724 themselves, thus bringing the potential value to $1400 for a single plaintiff, and the possibility of engine failure, facts that class action law firm Hagens Berman Sobel has ignored.

  • slippery4 slippery4 Posts:

    Class Action Update: [Part 1 of 2] Hagens Berman Sobol Shapiro law firm know that in the same court district a Judge was inclined to grant entry of default against Hyundai for $85 million dollars, and this to a single class member plaintiff. Hyundai-Kia is now proposing only $353 to each class member. A Canadian class action asks for $10 million dollars. Along with the deceptive gas mileage claims, Hyundai was also sued in the class action for false advertising, breach of express warranty, fraud, unjust enrichment, reduced resale value, however the proposed settlement by Hyundai appears to offer $353 for the false gas mileage claims ONLY. There is no indication that Hyundai offers damages for false advertising, breach of express warranty, fraud, unjust compensation, and reduced resale value of the vehicle.

  • slippery4 slippery4 Posts:

    Class Action Update: [Part 2 of 2] Some plaintiffs may take Hyundai into a jury trial. I believe the proposed settlement should be rejected as too loo low and bad faith. Hyundai agent Inglewood Police said if you come to a Hyundai dealer for service you will be arrested and thrown in jail. The motion to certify the class is set for Jan. 23 in Los Angeles. If you do not want the payout of $353, you may have to put that in writing and the door may stay open for a jury trial against Hyundai. Next court hearings are Jan. 9 and Jan. 23. If you want to make your voice heard before those dates, and express what you feel class members are due $$$$, write Judge George H. Wu, Phone 213-894-0191, 312 North Spring Street 10th Floor, Los Angeles, CA 90012-4701, and priority mail a copy to the attorneys Hagens, Berman Sobol Shapiro LLP, Phone 213-330-7150, 301 N Lake Avenue Suite 203, Pasadena, CA 91101. Mention Case 2:13-ml-2424-GW-FFM.

  • slippery4 slippery4 Posts:

    OBJECTING TO THE HYUNDAI-KIA PROPOSED fuel economy settlement. The proposed settlement has NOT been approved by the court yet and is set for hearing in March or April. You can object to the HYUNDAI - KIA class action proposed settlement. if you don’t like any part of it. You should give reasons why you think the court should not approve it. Mention In re Hyundai and Kia Fuel Economy Litigation No. MDL 13-2424-GW (C.D. Cal.). Be sure to include your name, address, telephone number, signature, and if applicable Vehicle Vin number. Mail your letter to these three addresses: Clerk of the Court, United States District Court Central District of California, 255 East Temple St., Los Angeles, CA 90012–3332; Robert B. Carey, Hagans Berman Sobel Shapiro LLP, 11 West Jefferson St., Suite 1000, Phoenix, AZ 85003, Michael L. Kidney, Hogan Lovells US LLP, 555 Thirteenth Street NW, Washington DC 20004. COURT DOCUMENTS CAN BE SEEN ON THE SITE PACER.GOV. Also see the site attorney-ethics-elderly-abuse.com for updates on the class action.

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