News Headline Summary

Hyundai (005380 KS) and Kia's (000270) ratings will not be affected by overstatement of fuel economy on their vehicles in the US, according to S&P

- Hyundai Motor Co. (BBB+/Stable/--) and Kia Motors Corp. (BBB+/Stable/--).

Update details:

- On Nov.2, HMC and Kia apologized for overstating fuel mileage labels on around 900,000 2011-13 model vehicles sold in the U.S. Most of the labels overstated mileage by 1-2 miles per gallon.

Print 00:06, 08 Nov 2012 - Asian News - Source: Newswires