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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 ...
A final settlement approval is set for July 15 in a California court. Payments will be made after any appeals are resolved, the law firm said. TC Nighthawks' tags use GPS, Bluetooth and satellite ...
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]
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.
The settlement provides for the cash equivalent of a 10 basis-point reduction (0.1 percent) of swipe fees charged to merchants for a period of eight months. This eight-month period would probably begin in the middle of 2013. The total value of the settlement will be about $7.25 billion.
Recently, Hyundai and Kia reached a $200 million settlement in a class-action lawsuit filed by owners whose vehicles were stolen. Last year, ...
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