Hyundai And Kia Put $412 Million Away For People Stiffed Over Fuel Economy Claims

It's not going to be a good year for Kia-Hyundai as changes to local currency and the backlash over false mileage claims all come together to make the company potentially less profitable. According to reports, Kia put $187 million aside to settle claims, joining the $225 million Hyundai shook out of its piggy bank. »1/25/13 9:00am1/25/13 9:00am

Take The Hyundai-Kia Reimbursement Money And Run, Says Lemon Law Lawyer

Earlier today, Hyundai-Kia announced a massive refund for approximately 900,000 cars the EPA says had overstated mileage claims (car companies typically send the mileage numbers, based on computation, to the EPA). It's a huge PR loss for the company after all the cheerleading they did over the fact that they had four… »11/02/12 10:41am11/02/12 10:41am

Fuelly Offers Social Networking For The Mileage-Conscious, Green Dragons

Filling a need we didn't know we had until just now, a pair of developers have created a website that tracks your fill-ups in a community setting. Dubbed "Fuelly," because every web 2.0 application needs an adorably misspelled name, the site is actually quite fun and full-featured. Just add your car to the system and… »8/26/08 2:20pm8/26/08 2:20pm

How To Use The New IRS Mileage Rate To Deduct The Cost Of Your Car

Unless you're an accountant or a salesman, you may not have noticed the IRS just upped the mileage deduction rate for privately owned vehicles to 58.5 cents per mile. Sounds like the perfect time to find out how far we could turn our daily driver into a government tax rebate on wheels. We've decided to use my daily… »7/09/08 1:00pm7/09/08 1:00pm

Upside-Down Game!: New Mileage Regulations Could Lead to Bigger SUVs

Holy loophole shift. Government regulators' new fuel-efficency requirements for SUVs could force the size of such trucks upward, say some critics quoted by AutoWeek. The larger the vehicle, they say, the lower the mandated mileage standard, giving incentive to automakers that build larger SUVs. One example given is… »4/07/06 8:32am4/07/06 8:32am

Engineers Take Note: 250 MPG From a Mass-Production Car Will Get You $25 Million

Hey smart kids, stop fiddling with that meth-lab erector set, and start on a project that'll make you some real money. The foundation that paid out $10 million for a privately funded space flight announced it would pay $25 million to anyone who can build and sell 10,000 vehicles that get 250 mpg. Foundation officials… »3/15/06 7:12am3/15/06 7:12am