Seeking Alpha

Hyundai apologizes for mileage gaffe

  • Hyundai (HYMLF) cuts the EPA rating in its new Sonata model to 28.5 mpg after originally citing a higher figure.
  • The automaker's brand reputation with consumers has been stung by reliability issues over mileage claims.
  • The U.S. and South Korea are the target markets of the Sonata.
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