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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 ...
Lawsuit settlement against Kia, Hyundai includes option to get anti-theft device from Minneapolis startup firm ... take advantage of the benefit outlined in the $200 million settlement of a class ...
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]
Hyundai and Kia vehicles were vulnerable to theft using a simple USB charging cord. The challenge to steal them went viral on TikTok. Hyundai, Kia reach settlement on vehicles vulnerable to TikTok ...
In May 2023, following a class action lawsuit, Kia and Hyundai agreed to pay $200 million settlement to consumers who suffered losses as a result of the security flaws. [75] However, on August 16, 2023, a federal judge rejected the proposed settlement.
Hyundai Motor Co <005380.KS> and affiliate Kia Motors Corp <000270.KS> have earmarked 900 billion won ($758 million) to settle U.S. class action litigation and address engine-related issues in the ...