You have been cheated by your Korean car dealers who at time of purchase overstated engine horse power and other specifications of your cars.
You, therefore, have plenty of lemon law rights for which dealers, agents, distributors, lenders and manufacturers are fully responsible. Your vehicles are part of LEMON LAUNDERING SCHEME whereby each of you is entitled to US$ 1,000,000 in punitive damages.
For free legal consultation, you may contact: rnadler@worldjustice.com .
You may also register your complaint with BigClassAction at: www.bigclassaction.com/automotive.html
Also, please do consult with The Consumer Law Center, a leading lemon law rights defense firm, at: www.consumerlawcenter.net . It is a free service. Contact details: info@consumerlawcenter.net .
View Hyundai-Kia statement, the first Korean automakers to ever admit to overstating engine horse power at: http://hyundaistatus.com/horsePowerOverview.asp
This statement, however, is full of lies to rip you off your rights.
The True Engine Power Inflation Rates As Instigated And Coordinated By All Korean Automakers From Late 1980s:
Passenger car Engine Power Inflation Rate
(By cc and country before and after MOCT correction order, effective August 2001)
Examples:
I. Actual
2700cc: 142hp; 2500cc: 130hp; 2400cc: 128hp; 2000cc: 120hp; 1800cc: 118hp; 1600cc: 90hp; 1300cc: 62hp; 1300cc (MPI): 72hp
II. MOCT's Biased Correction Guidelines:
2700cc: 160hp; 2500cc: 145hp; 2400cc: 133hp; 2000cc: 130hp; 1600cc: 102hp; 1300cc: 72hp; 1300(MPI): 78hp
III. Engine Power Inflation Before MOCT Correction Order
2700cc: 190hp; 2500cc: 176hp; 2400cc: 149hp; 2000cc: 147cc; 1800cc: 140hp; 1600cc: 108-116hp; 1300cc: 85hp; 1300(MPI):92hp
IV. Engine Power Inflation After MOCT Correction Order
A. In EU Except Austria
2700cc: 181hp; 2500cc: 170hp; 2400cc:144-146hp; 2000cc:131-136hp; 1800cc: 130hp; 1600cc:106-107hp; 1300cc:75hp; 1300cc MPI: 85hp
B. In Austria:
2400cc: 145hp; 2000cc: 131hp; 1600cc: 90hp; 1300cc: 75hp
C. In USA and Canada:
2700cc: 181hp; 2500cc: 170hp; 2400cc: 149hp; 2000cc:137hp; 1800cc: 140hp;
D. In Iceland:
2400cc: 145hp; 2000cc: 136hp; 1600cc: 116hp; 1300cc MPI: 85hp
E. In Poland:
2000 cc: 133hp; 1600cc: 116hp; 1300cc MPI: 85hp
F. In Most of Middle-East, Africa and East Europe:
2500cc: 173hp; 2400cc: 149hp; 2000cc: 147hp; 1600cc: 114-116hp; 1300cc: 85hp; 1300cc MPI: 92hp
Important Remarks:
1- Inflation rates have been fixed and coordinated according to secret agreement concluded among Korean automakers in 1988.
2- Inflation rates varies from country to country.
3- Inflation rates before MOCT correction order:
2700cc: 34%; 2500cc: 36%; 2400cc:36%; 2000cc: 22.5%; 1800cc:18.6% ; 1600cc:29%; 1300cc:37%; 1300cc MPI:28%.
4- Inflation rates after MOCT correction order:
2700cc:27-30%; 2500cc:32%-36%; 2400cc:12.5%-14%; 2000cc:11%-13%; 1800cc:18.6%; 1600cc:18.8% ; 1300cc:21%-37%; 1300cc MPI:18%-28%
5- Inflation rates are lowest in US, Canada and Austria and highest in East Europe, Middle-East and Africa.
Hyundai's Misleading Inflation Rate Table Published With Its Twisted Confession of September 8,2002:
Year Model Overstated Corrected %
1999-2000 Sonata 2.5 liter 170 163 4.3%
1999 Accent 1.5 liter 92 88 4.5%
2003 Tiburon 2.0 liter 140 134 4.5%
2001-2002 Santa Fe 2.7 liter 181 173 4.6%
1997 Elantra 1.8 liter 130 124 4.8%
2001 XG300 3.0 liter 192 182 5.5%
1997 Accent 1.5 liter DOHC 105 99 6.1%
2002 Sonata 2.7 liter 181 170 6.5%
2003 Tiburon 2.7 liter 181 170 6.5%
1996 Accent 1.5 liter DOHC 105 98 7.1%
2001- 2002 Sonata 2.4 liter 149 138 8.0%
2001-2002 Santa Fe 2.4 liter 149 138 8.0%
1997-1998 Sonata 2.0 liter 137 125 9.6%
Source: Hyundai
Remarks:
1- Engine power figures which were overstated in US and Canada by up to 36% before Hyundai's confession are still highly overstated. Examples:
Sonata 2.5 liter engine power is overstated in US and Canada by 36%:
Actual: 130hp; inflated: 170hp ; Hyundai's correction: 163hp.
Sonata and Tiborun 2.0 liter engine power is overstated in US and Canada by 17%:
Actual: 120hp; inflated: 140hp; Hyundai's correction: 125hp and 134hp respectively.
Santa Fe, Sonata, Tiborun 2.7 liter engine power is overstated in US and Canada by 27.5%:
Actual: 142hp; inflated:181hp; Hyundai's correction: 170hp
2- Most other controversial models are withheld.
3- Inflation rates in EU, CIS, East Europe, Asia, Mid-East and africa are much higher than those in US and Canada.
4- Other Korean automakers' inflation rates are higher than those of Hyundai by at least 10%.
5- Korean automakers have been frantically reducing engine horse power figures and other specifications everywhere after the confession made by Hyundai-Kia.
6-Hyundai America CEO's confession to falsely inflating engine power figures of Hyundai cars "since the beginning of time" was made to abort and prevent investigative authorities in US and Canada from conducting an all-out probe into all Hyundai-kia models and discover that their engine power figures are overstated by up to 36%.
7. He lied about engine power inflation rates which he claimed did not exceed 10% so as to keep due compensations to the minimum and to abort an all out investigation by authorities in US and Canada which would discover that inflation rate of Hyundai-Kia 2.7 and 2.5 liter engines, for example, exceeded 32% and 36% respectively.
8. He promised extended warranty periods to 400,000 Hyundai owners in the US. This promise is all but vague and inadequate because Hyundai warranties in America are already very extended and have never been fully honored anyway. So this compensation offer is all but deceptive and meaningless. Besides, it excludes 900,000 other Hyundai owners in the US.
9. In trying to avoid having to buyback Hyundai cars and to pay damages to Hyundai owners in accordance with lemon law, Hyundai America CEO claims that engine power is not a decisive factor for buying a car. The truth is, the most decisive factor for buying a new car by an average would-be buyer is the engine power- price relation factor. This factor makes Korean cars stand out in almost all car categories/classes. Korean car prices are 15%-20% lower than most of those of the higher end cars in any class/category while corresponding engine powers, though falsified, are among the highest. Had it not been for that favorable, but cheated, factor, 80%-85% of the buyers of Korean-made cars would have bought other makes. This constitutes a serious tort that warrants not only true compensations for the car owners which should include full refund, damages and punitive damages. Competing automakers who lost their market shares as a result are entitled to compensation.
10. In addition to falsifying engine power, the table which Hyundai CEO presented to the press on September 9 excludes models older than 97-96.
11. Hyundai, Kia and the rest of Korean automakers have made no mention of engine power inflation in the rest of the world where Korean car owners also deserve compensation. Over 8,000,000 Korean-made car owners around the world are entitled to compensation.
