LOS ANGELES -- Hyundai and Kia have agreed to pay up to nearly $400 million to settle consumer lawsuits related to overstated fuel economy ratings on some 900,000 vehicles sold by the companies in the U.S. market.
The value of Hyundai Motor America's proposed settlement totals about $210 million, while Kia Motors America agreed to pay up to $185 million, according to statements issued by the companies.