Kia and Hyundai settle $200M class action lawsuit over vehicle theft.

Kia and Hyundai have settled a nationwide class action lawsuit for over $200m after a surge in auto thefts that began last year in St. Louis and across the US. The car manufacturers will pay for about 9 million vehicles that lack a standard anti-theft security device, allowing thieves to break into and drive off in many models of the cars in less than 90 seconds. Car owners can receive up to $6,125 for out-pocket-damages, including the total loss of their car. A software upgrade will be automatically installed when an eligible car is brought into a dealership for any kind of maintenance or repairs.