WASHINGTON — Kia and Hyundai have been fined $100 million for their claims on the fuel economy ratings of their vehicles. The claims were unfounded, said the Environmental Protection Agency (EPA), and the Department of Justice concluded the same in their investigation.
The New York Times reported the two companies, both based in South Korea, will pay $100 million each for their dubious claims on gas mileage for their vehicles.
It is the largest fine for violating the Clean Air Act, something not lost by liberals.
The EPA said the violations were based on the sales of approximately 1.2 million vehicles with overstated fuel economy ratings by Kia and Hyundai. They said their vehicles emitted some 4.75 million metric tons of greenhouse gases, violating EPA regulations.
An additional $50 million will be spent on preventing any future violations of the Clean Air Act and both automakers will forfeit 4.75 million greenhouse gas emission credits from the EPA, estimated about $200 million in worth.