Increase of Hyundai, Kia thefts bring complaints
Date
8/17/2023 8:17:55 AM
(MENAFN) A federal judge turned down a proposed settlement in a class action lawsuit on Wednesday, saying it doesn't offer "fair and adequate" remedy to car owners. The complaint was brought about by an increase in Hyundai as well as Kia vehicle thefts.
Approximately 9 million Hyundai and Kia cars in the United States from the 2011 to 2022 model years are covered by the proposed settlement, which the firms stated at the time might be worth USD200 million.
Push-button ignitions and other anti-theft features are not present in these vehicles. That has made it possible for thieves to take them quickly and easily using only a screwdriver as well as a USB cord, leading to a recent uptick in auto thefts throughout the nation.
In addition to a voluntary recall to upgrade the theft-protection software, the proposed settlement will reimburse vehicle owners compensation for damage caused by theft. However, U.S. District Judge James Selna expressed doubts about the method used to determine payments and the effectiveness of the software update in stopping more thefts.
MENAFN17082023000045015682ID1106876964
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.