(Bloomberg) -- General Motors Co. will spend about $100million to reimburse customers who bought 2016 Chevrolet Traverse,GMC Acadia and Buick Enclave sport utility vehicles with overstatedfuel economy figures, said a person familiar with the matter.

|

Fuel economy was overstated by 1 to 2 miles per gallon becausethe company failed to reflect new emissions-related hardware incalculations of efficiency for window stickers, according to astatement.

|

The 135,000 owners of the SUVs will receive a debit card or a48-month, 60,000-mile protection plan, GM said in an e-mail. Thecompany notified dealers today and will start sending letters tovehicle owners on May 25.

|

Related: GM halts sale of some SUVs after overstating fueleconomy rating

|

GM last Friday told dealers to stop selling the models becauseit had found the window-sticker errors, which it described as“inadvertent.” Most lessees and buyers taking the cards will get$450 to $900 in value and some will get as much as $1,500,depending on lease terms and the amount of mileage overstated.

|

Copyright 2018 Bloomberg. All rightsreserved. This material may not be published, broadcast, rewritten,or redistributed.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.