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American Honda Motor Co.
Corporate: Statement by American Honda Motor Co., Inc., Concerning State Attorneys General Review of Proposed Civic Hybrid Class Action Settlement - http://hondanews.com/blogs...
We continue to believe that the class action settlement pertaining to the fuel economy of some early-model Civic Hybrid vehicles represents a very good resolution for our customers. We look forward to a discussion with the State Attorneys General concerning the benefits that our customers will receive from the settlement. In recent weeks, a number of news stories have generated some confusion concerning the details of the settlement. This confusion includes incorrect information that the benefits to members of the class are limited to a $100 cash payment. Honda has engaged in good faith negotiations with class action lawsuit plaintiffs’ attorneys in an effort to reach an agreement that clearly reflects our desire to preserve our good relationship with customers who are participating in this class action. Depending on the class member’s circumstances, this settlement provides for multiple benefits and paths of resolution as detailed below. All settlement class members are entitled to... - American Honda Motor Co.