October 5, 2016
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A shakeup has happened in the North American offices of South Korean automakers Hyundai Motor Co. and affiliate Kia Motor Corp.
Hyundai Motor Co. and Kia Motors Corp. will pay $41.2 million to 33 states and the District of Columbia to settle an investigation of the automakers’ “2012 restatement of fuel economy ratings and related advertising.”
The brand value of Kia Motors Corp. and Hyundai Motor Co. is up this year, according to Interbrand’s 17th annual Best Global Brands report