Hyundai and Kia to pay $200 million settlement for car thefts.

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Source: The Verge
Hyundai and Kia to pay $200 million settlement for car thefts.
Photo: The Verge
TL;DR Summary

Hyundai and Kia have agreed to a $200 million settlement related to a class-action lawsuit over car thefts inspired by a viral TikTok challenge. Thieves known as “the Kia Boyz” would post instructional videos on YouTube and TikTok about how to bypass the vehicles’ security system. The settlement only applies to around 9 million vehicles that lack push-button ignitions and anti-theft immobilizers. The settlement includes up to $145 million for out-of-pocket losses for consumers who had cars stolen.

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