Penalities

Hyundai, Kia Reach $41.2M Settlement With Multiple States

South Korean automakers Hyundai Motor Co. and Kia Motors Corp. will pay $41.2 million to 33 states and the District of Columbia to settle an investigation into their fuel economy ratings. The fine is the latest in the ongoing fallout from misstated mileage numbers on more than 1.2 million vehicles in the U.S. In 2012, Hyundai and Kia restated the…