This is not a solicitation and you do not have to pay any money to qualify for settlement benefits. Other settlement benefits exist. Class Members can elect one of the following lump sum … So far, the company reports about 75 percent of … Since that time Hyundai has paid fees, changed window stickers, offered lump sum settlements, and continues to be monitored by state attorneys. The settlement came after the U.S. Environmental Protection Agency found flaws in Hyundai’s and Kia’s testing procedures, and the automakers lowered … by Paul A. Eisenstein | Dec 24, 2013. Read full article. This settlement does not include a consumer restitution component, as the companies have already paid out hundreds of millions in restitution through programs offered directly by Hyundai/Kia and under a 2013 class action settlement. More than 4,300 Nevada consumers submitted a claim for benefits under a lifetime reimbursement program, offered by Hyundai and Kia. Hyundai and Kia overstated mileage by as much as 6 mph for vehicles such as this Soul. Preliminary approval is expected to take place in early 2014, KIA says. EPA Tells Hyundai to Change MPG Labels on Dealership Lots ∞ The EPA said Hyundai and Kia need to lower their fuel economy ratings (MPG) for the majority of their 2012 and 2013 fleet. Under the class action settlement, consumers could choose a lump sum payment or a lifetime reimbursement program. Hyundai Motor Co. and Kia Motors are also offering an option of a lump-sum payment. In a filing this week in U.S. District Court in Los Angeles, Hyundai says it will make lump-sum payments to around 600,000 owners of cars and SUVs from … This program provides consumers with personalized cash debit cards as reimbursement for fuel costs. Lump Sum Payment Option: The amount of the lump sum payment varies depending upon the year and model of the Hyundai vehicle that you owned or leased, plus certain other factors. Hyundai has agreed to settle these lawsuits, while Kia is still evaluating the settlement proposal. A proposed settlement has been reached in a … The sums translate into an average lump sum payment of about $353 to owners and lessees of the roughly 600,000 Hyundai vehicles, while the approximately 300,000 owners of … Under the terms of the proposed settlement Monday, a lump sum payment will be provided as an option to the reimbursement program. The payment varies depending on whether the vehicle was purchased or leased. Hyundai, Kia Agree to Settlement Over Fake Fuel Economy Numbers Nearly 900,000 U.S. owners eligible for settlements. Hyundai Nearing Settlement of Gas Mileage Cases Hyundai says it will make lump-sum payments to nearly 1 million vehicle owners. To date, the value of cards issued to … Although each Class Member’s situation differs, a potential average maximum settlement benefit for those who elect a lump sum cash payment is $353. (High mileage drivers may receive greater amounts by participating in the Lifetime Reimbursement Program.) IRVINE, Calif., December 23, 2013 – Kia Motors America (KMA) today announced a proposed settlement of disputes that were raised by current and former owners and lessees of vehicles affected by the automaker’s November 2012 restatement of fuel … February 27, 2013, 5:29 PM . Dee-Ann Durbin, AP Auto Writer. The amount Hyundai would pay was not disclosed, but the filing said the class-action settlement would give owners the option of a lump-sum payment.. Hyundai and Kia … Automaker Pleased to Reach Agreement and Provide Affected Customers with New Reimbursement Options Including a Lump Sum Cash Payment . Lump Sum Payment Option: The amount of the lump sum payment varies depending upon the year and model of the Hyundai vehicle that you owned or leased, plus certain other factors. 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