Most recently, Kia announced that it is setting aside $187 million, which pooled with Hyundai’s $225 million makes a whopping $412 million. Both brands promised to continue funding customers with prepaid gas cards to account for the difference in claimed and actual mileage as long as the owners keep their cars.
Moody’s Investor Services previously predicted the companies would lose $100 million annually to paying out gas reimbursements.
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