Aruna Viswanatha, Julia Edwards in Washington, Ben Klayman in Detroit, Hyunjoo Jin and Joonhee Yu in Seoul; Editing by Ros Krasny, Susan Heavey, Peter Galloway, Cynthia Osterman and Ryan Woo
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Hyundai, Kia in record settlement with U.S. for overstating mileage
Korean carmakers Hyundai Motor Co (005380.KS) and affiliate Kia Motors Corp (000270.KS) will pay $350 million in penalties to the U.S. government for overstating fuel economy ratings in what officials said on Monday was the biggest settlement of its kind.
