Competition Bureau Secures Consent Agreements with Automobile Distributors Hyundai and Kia
(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 08/02/13 -- The Competition Bureau has reached consent agreements with Canadian automobile distributors Hyundai Auto Canada Corp. (Hyundai) and Kia Canada Inc. (Kia) that formalize the steps they have taken to respond to inaccurate fuel consumption ratings found in advertisements for a number of their automobiles. The fuel consumption ratings were based on testing conducted at joint testing facilities in Korea.
The consent agreements will ensure that affected customers receive full restitution. In particular, the agreements require that Hyundai and Kia:
"We are pleased that both companies are working to resolve this issue by reaching out to compensate affected consumers," said John Pecman, Commissioner of Competition. "These agreements will ensure that consumers are further protected by legally binding agreements."
Under the Competition Act, businesses are prohibited from making materially false or misleading representations for the purpose of promoting products or business interests. Additionally, all performance claims made to Canadians for the purpose of promoting products or business interests must be based on adequate and proper testing, regardless of where the testing is conducted.
Hyundai and Kia have been working together to inform customers of the inaccurate fuel consumption ratings and have jointly developed a restitution program. Approximately 172 000 affected vehicles were sold in Canada (130 000 by Hyundai and 42 000 by Kia).
Copies of the consent agreements will be posted shortly on the .
Further information regarding Hyundai's and Kia's Restitution Programs can be found at and .
The Competition Bureau, as an independent law enforcement agency, ensures that Canadian businesses and consumers prosper in a competitive and innovative marketplace.
Contacts:
For media enquiries, please contact:
Media Relations
819-994-5945
For general enquiries, please contact:
Information Centre
Competition Bureau
819-997-4282 or Toll free: 1-800-348-5358
TTY (hearing impaired): 1-800-642-3844
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 02.08.2013 - 12:00 Uhr
Sprache: Deutsch
News-ID 1251374
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
OTTAWA, ONTARIO
Phone:
Kategorie:
Government & Administration
Anmerkungen:
Diese Pressemitteilung wurde bisher 138 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Competition Bureau Secures Consent Agreements with Automobile Distributors Hyundai and Kia
"
steht unter der journalistisch-redaktionellen Verantwortung von
Competition Bureau Canada (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
