American owners of some 300,000 Kias and 6,000 Hyundais from models years 2011-2013 can now expect to get some money back from the carmakers as part of a (total) $395 million agreement to settle lawsuits over misleading statements regarding the vehicles fuel economy.
The actual amounts to be paid out will depend on how many owners choice a one-time payment as opposed to accepting a “lifetime reimbursement” offer in which they will receive debit cards to pay them for the actual fuel economy and what the companies claimed them to be. Hyundai has estimated that the average (lump sum) payment would be close to $320 (less any previous reimbursements).
The settlement comes more than a year after the United States Environmental Agency found mistakes in 13 Kia and Hyundal models for the above stated years.
It was also announced that owners of 172,000 Kias and Hyundais in Canada will be given a credit card loaded with cash to cover the extra fuel they have had to buy, plus and additional 15% “top-up to compensate them for the inconvenience,” according to Hyundai CEO Steve Kelleher and KIA Canada CEO William Lee, who both issued their own apologies for the companies’ errors.
The credit card amounts will be determined by the average fuel price where each owner lives, and how much they drove the car.