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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 ...
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]
A Seattle-based law firm filed the suit in August 2022 on behalf of about 9 million people who bought or leased Kia or Hyundai vehicles manufactured between 2011 and 2022.
Owners started suing after the automaker refused to pay the thousands of dollars to repair or replace the engines, with one lawsuit from 2015 alleging a dealer wanted $4,500 to do the work. Kia was also served papers over a class-action lawsuit in 2016 filed by owners of vehicles equipped with Theta engines.
Both companies also agreed to pay about $200 million to settle a U.S. class-action lawsuit, including up to $145 million for car owners' out-of-pocket losses. The settlement, announced on May 18, 2023, was rejected by a federal judge. [246]
Thefts of some Kia and Hyundai models have been on the rise because of a TikTok trend, police say.
A group of 33 members of Congress, led by Democratic Michigan Congressman Dan Kildee, wrote to urge the Department of Labor to "take immediate action to rid Hyundai's supply chain of child labor." [10] [11] CEO Jae Hoon Chang announced to shareholders on February 24, 2023 that Hyundai would be divesting its controlling stake in SMART. [12]