http://www.nytimes.com/2014/11/04/us/pol...leage.html?_r=0
The Justice Department and the Environmental Protection Agency announced today that the Hyundai Motor Company and the Kia Motors Corporation would pay a combined $100 million penalty as part of a settlement for overstating vehicle fuel economy standards on 1.2 million vehicles, a violation of the Clean Air Act.
The penalty is the largest ever paid for violation of the Clean Air Act, government officials said.
In addition, the companies will forfeit $200 million in greenhouse gas emissions credits, which auto companies earn by building vehicles with lower emissions than are required by law.
“I believe this will send an important message to automakers around the world that they must comply with the law,” said Attorney General Eric H. Holder Jr.
The Justice Department and the Environmental Protection Agency announced today that the Hyundai Motor Company and the Kia Motors Corporation would pay a combined $100 million penalty as part of a settlement for overstating vehicle fuel economy standards on 1.2 million vehicles, a violation of the Clean Air Act.
The penalty is the largest ever paid for violation of the Clean Air Act, government officials said.
In addition, the companies will forfeit $200 million in greenhouse gas emissions credits, which auto companies earn by building vehicles with lower emissions than are required by law.
“I believe this will send an important message to automakers around the world that they must comply with the law,” said Attorney General Eric H. Holder Jr.