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Violation Tracker Individual Record

Company: Hyundai Motor Company
Current Parent CompanyHyundai Motor
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $203,300,000
Year: 2014
Date: November 3, 2014
Offense Group: environment-related offenses
Primary Offense: air pollution violation
Violation Description: The Department of Justice and the U.S. Environmental Protection Agency announced a with the automakers Hyundai and Kia to resolve alleged Clean Air Act violations based on their sale of close to 1.2 million vehicles that will emit approximately 4.75 million metric tons of greenhouse gases in excess of what the automakers certified to EPA. The automakers agreed to pay a $100 million civil penalty to resolve violations concerning the testing and certification of vehicles sold in America and spend approximately $50 million on measures to prevent any future violations. Hyundai and Kia also agreed to forfeit 4.75 million greenhouse gas emission credits that the companies previously claimed, which are estimated to be worth over $200 million. (The Justice Department did not provide a breakdown of the penalties between the two companies. Estimates by Automotive News were used to divided the civil penalty and the cost of the forfeited credits, while the cost of the $50 million in spending to prevent future violations is divided evenly here. The Automotive News article can be found at (click here)
Level of Government: federal
Action Type: agency action
Agency: Environmental Protection Agency referral to the Justice Department
Civil or Criminal Case: civil
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.