Hyundai & Kia Class Action Lawsuit Settlement:
Horsepower False Advertising
Class Action Lawsuit Summary:
| Defendant: | Hyundai Motors America, Inc. and Kia Motors America, Inc. |
| Allegations: | False advertising of vehicles' horsepower |
| Result: | Cash compensation, dealership credits & more under the $75 mil - $125 mil settlement |
False Advertising Reported for Hyundai & Kia Horsepower Claims
In May of 2001, the Korean Ministry of Construction and Transportation found that Hyundai Motors America, Inc., and its subsidiary Kia Motors America, Inc., had misrepresented the horsepower of many of its vehicles sold in Korea. Hyundai and Kia reportedly misrepresented the horsepower of their vehicles by as much as 9.6% in advertising and promotional materials.
Hyundai & Kia Class Action Suit filed in Orange County, California
Girard Gibbs' false advertising lawyers filed a class action lawsuit on behalf of U.S. Hyundai and Kia owners and lessees, contending that Hyundai continued to advertise false horsepower ratings in the United States even after the Korean Ministry's findings. The class action complaint alleged that Hyundai and Kia were able to sell more vehicles and charge more per vehicle because of the deceptive advertising.
Hyundai & Kia False Advertising Class Action Lawsuit Settled
Girard Gibbs negotiated a class action settlement which provided Hyundai and Kia owners nationwide with cash payments and dealer credits. The value of the settlement was estimated between $75 million and $125 million. Under the court approved settlement, Hyundai provided up to $225 in cash and up to $325 in dealer credits to owners of the affected vehicles.
Why Girard Gibbs LLP?
Girard Gibbs is a national litigation firm representing consumers, investors, employees, and small businesses in cases involving consumer protection, personal injury, securities, antitrust, and employment laws. The firm’s senior partners, Daniel Girard and Eric Gibbs, have been selected for inclusion in The Best Lawyers in America® 2012 and Northern California Super Lawyers, and have earned AV-Preeminent ratings from Martindale-Hubbell, recognizing them in the highest class of attorneys for professional ethics and legal skills.
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