Kia and Hyundai agree to $200M settlement over car thefts
NPRKia and Hyundai agree to $200M settlement over car thefts Enlarge this image toggle caption Terry Chea/AP Terry Chea/AP 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 settlement covers some 9 million owners of Hyundai or Kia vehicles made between 2011 and 2022 and have a traditional "insert-and-turn" steel key ignition system, lawyers for the owners said in a press release on Thursday. 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. "We appreciate the opportunity to provide additional support for our owners who have been impacted by increasing and persistent criminal activity targeting our vehicles," said Jason Erb, Hyundai Motor North America's chief legal officer, in a statement.