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Consumers filed a class action lawsuit in August 2022, claiming certain model year Kia and Hyundai vehicles were not equipped with engine immobilizers, which made them susceptible to theft and ...
Hyundai Motor America and Kia America said Friday they have reached a settlement to resolve a class-action lawsuit prompted by a surge in vehicle thefts. The settlement could be valued at $200 ...
The proposed settlement, announced in May, could be valued at $200 million and covers about 9 million 2011-2022 model year Hyundai and Kia vehicles in the U.S., the companies said at the time.
To settle a class-action lawsuit in the United States against Hyundai and Kia, the two brands agreed to pay about US$200 million, of which up to $145 million would offset out-of-pocket losses that car owners had incurred. The settlement was announced on May 18, 2023, and requires approval by a federal judge. [22]
On August 16, 2023, he rejected a proposed $200 million settlement in a class-action lawsuit prompted by a rise in thefts of vehicles manufactured by South Korean automakers Hyundai and Kia. [19] On November 17, 2023, he rejected requests by Kia and Hyundai to halt lawsuits from American cities suing the automakers. [20]
On 8 November 2023, Hyundai announced plans to build a plant ... $200 million to settle a U.S. class-action lawsuit, including up to $145 million for car owners' out ...
Many of these cases have lead to class action lawsuits and ... Deadline to file claim: May 18, 2023. ... Kia and parent company Hyundai recently settled an undisclosed amount of money over ...
Kia was also served papers over a class-action lawsuit in 2016 filed by owners of vehicles equipped with Theta engines. NHTSA says it took action to "investigate both the timeliness and scope of Hyundai's Theta II engine recalls, and Hyundai's compliance with reporting requirements." [9]