Surprise in the automotive world: some Hyundai and Kia customers may receive a direct payment of $3,000 in the coming days. Hyundai Motor Company has reached $23 billion in revenue, ranking 30th globally among the best global brands according to Interbrand in 2024. Meanwhile, Kia Corporation announced worldwide sales of 3,085,771 vehicles in 2023, setting a new annual record. This figure represents a 6.3% increase compared to the same period last year. These are two titans of the automotive industry that have faced serious issues with some of their models.
What issues have Hyundai and Kia cars encountered?
The problem stems from the lack of anti-theft technology in some of their vehicles, specifically engine immobilizers. These devices prevent cars from starting without the appropriate key or remote control. Competitors had already begun installing them, while these brands continued using traditional ignition systems with manual keys, leaving them vulnerable to theft. This led many affected customers to file complaints.
As a result of these complaints, Hyundai and Kia reached a $145 million settlement to compensate affected customers. The settlement was reached without either brand admitting to any wrongdoing. But how did this situation arise? It all started with several viral TikTok videos showing teenagers demonstrating how easy it was to steal these vehicles using rudimentary tools like screwdrivers.
How to claim the payment?
The first step to request the payment is to verify the vehicle’s eligibility by entering its Vehicle Identification Number (VIN) on the settlement website. After that, owners need to gather proof of ownership or lease, documentation of any theft or attempted theft, and receipts for expenses related to the theft or attempted theft. Finally, the claim form must be completed and submitted online through the settlement website or mailed to the designated address. It’s important to note that the deadline for submissions is January 11, 2025.
Which models are eligible for this reimbursement?
Kia models:
- Kia Forte (2011–2021)
- Kia K5 (2021–2022)
- Kia Optima (2011–2020)
- Kia Rio (2011–2021)
- Kia Sedona (2011–2021)
- Kia Seltos (2021–2022)
- Kia Sorento (2011–2022)
- Kia Soul (2011–2022)
- Kia Sportage (2011–2022)
Hyundai models:
- Hyundai Accent (2011–2022)
- Hyundai Elantra (2011–2022)
- Hyundai Elantra Coupe (2013–2014)
- Hyundai Elantra GT (2013–2020)
- Hyundai Elantra Touring (2011–2012)
- Hyundai Genesis Coupe (2011–2014)
- Hyundai Kona (2018–2022)
- Hyundai Palisade (2020–2021)
- Hyundai Santa Fe (2011–2022)
- Hyundai Santa Fe Sport (2013–2018)
- Hyundai Santa Fe XL (2019)
- Hyundai Sonata (2011–2019)
- Hyundai Tucson (2011–2022)
- Hyundai Veloster (2012–2017; 2019–2021)
- Hyundai Venue (2020–2021)
- Hyundai Veracruz (2011–2012)
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