The car companies said in February that they would begin rolling out software upgrades to the 8.3 million U.S. The trend has been linked to eight deaths, according to the National Highway Traffic Safety Administration. The growing number of thefts have coincided with the spread of a TikTok "challenge" that shows people how to steal Kia and Hyundai vehicles that lack basic security features. Affected owners can be reimbursed up to $6,125 for total loss of vehicles, and up to $3,375 for damages to the vehicle and personal property, as well as insurance-related expenses.īusiness Dealers still sell Hyundais and Kias vulnerable to theft, but insurance is hard to getĬar thefts of the affected models, using a hack popularized on social media, have spiked in recent months. The settlement covers some 9 million owners of Hyundai or Kia vehicles made between 20 and have a traditional "insert-and-turn" steel key ignition system, lawyers for the owners said in a press release on Thursday.Ĭompensation to owners includes up to $145 million in out-of-pocket losses that will be distributed to people who had their vehicles stolen. Kia and Hyundai have agreed to a class-action lawsuit settlement worth about $200 million over claims that many of the Korean automakers' cars are far too vulnerable to theft, according to lawyers for the companies and the owners. The Korean carmakers agreed to a $200 million settlement over claims that their cars are too easy to steal. A Hyundai sedan sits in the parking lot of East Bay Tow Inc., where Attorney General Rob Bonta held a news conference last month in Berkeley, Calif., about the surge in thefts of Kia and Hyundai vehicles.
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