General Motors SUV Compensation Plan Will Cost About $100M, Source Says

General Motors Co. said on Friday it will give debit cards or extended warranties to 146,000 North American owners of new sport utility vehicles to compensate them because the automaker overstated the vehicles' fuel efficiency.

The program covers about 135,000 U.S. owners and 11,000 in Canada, GM said.

GM said most of the debit cards would be worth $450 to $900 for U.S. owners of 2016 SUVs and $1,000-$1,300 Cdn for Canadian owners. The maximum any owner would get is $1,500.