According to foreign media reports, several Hyundai car dealers have filed a lawsuit against the South Korean auto giant in federal court in Chicago, accusing it of exaggerating sales data of electric vehicles and punishing those who were unwilling to participate in the scam.
Franchise stores.
, On July 5, Napleton Aurora Imports, Illinois, USA and its affiliated franchises filed a lawsuit against Hyundai Motor, alleging that Hyundai Motor America (HMA) pressured dealers to abuse the inventory codes used for “substitute” vehicles to exaggerate sales figures.
The lawsuit alleges that dealers who agreed to improperly code vehicles received rewards from Hyundai Motor, including discounts on wholesale and retail prices, among other incentives.
Photo source: Hyundai Motor, On July 8, Hyundai Motor said in a statement that the company will not condone the falsification of sales data and has launched an investigation after receiving allegations.
, The indictment accuses Hyundai of fraud and violating the Robinson-Patman Act, a federal antitrust law that prohibits sellers from making distinctions based on price.
, The indictment shows that dealers who “partnered” with Hyundai Motor will receive additional inventory of Hyundai’s best-selling models.
The plaintiff claimed that the plan gave inventory of best-selling models to fewer dealers, deprived customers of choice, and helped Hyundai Motor sell optimistic sales figures to the public and investors.
, The indictment also shows that Hyundai Motor has been emphasizing the growth of its electric vehicle sales, convincing the public that its demand is market-driven.
“Instead of leveraging best-selling models and consumer demand to drive organic growth, HMA created a multi-level conspiracy to make its dealers report false sales,” the plaintiff said.
The lawsuit quoted a phone call from Hyundai Motor’s regional sales manager who said: “We have to create a number for the media and South Koreans.
“, Return to the first electric network home page>,.
