DETROIT — Hyundai Motor Co. is close to settling 38 federal lawsuits filed after it overstated the fuel economy of its cars.
In a filing this week in US District Court in Los Angeles, Hyundai says it will make lump-sum payments to around 600,000 owners of cars and SUVs from the 2011 through 2013 model years. The amount wasn’t given. Payments will vary based on the vehicle and how much its mileage was overstated.
Hyundai’s sister company, Kia Motors, is still deciding whether to participate in the deal.
Approximately 300,000 Kia owners are affected.
The Environmental Protection Agency found inflated numbers on 13 Hyundai and Kia vehicles in November. Hyundai and Kia acknowledged the problem, changed the fuel economy numbers and blamed a procedural error.