Kia-Hyundai Class Action Lawsuit In 2024: Know Eligibility & Settlement Payment Dates

Here is the most recent information on the Kia-Hyundai Class Action Lawsuit 2024 Settlement, which includes the payment dates and eligibility requirements. Because of their reasonably priced and reasonably well-designed automobiles, Kia and Hyundai are often purchased by consumers. On the other hand, those who have been exposed to the news of the case will be somewhat hesitant to purchase Kia and Hyundai. Keep reading the article to find out all there is to know about the class action lawsuit that Kia and Hyundai filed against one other.

In re: Kia Hyundai Vehicle Theft Marketing, Sales Practices, and Products Liability Litigation, also known as No. 8:22-ML-3052 JVS(KESx) (C.D. Cal.), a case has been launched against certain Kia and Hyundai automobiles. The litigation is now in progress.

According to the allegations made in the complaint, these automobiles, which range in year from 2011 to 2022 and do not have an engine immobilizer, have design defects that render them vulnerable to theft and possible damage. One of the major oversights is that these cars do not have an engine immobilizer, which is an essential anti-theft technology. As a result, criminals will find these vehicles to be easy targets.

Kia-Hyundai Class Action Lawsuit in 2024

Both Hyundai and Kia are subsidiaries of the Hyundai Motor Group, which is a South Korean vehicle manufacturer. Because of a flaw that rendered certain vehicle models very susceptible to theft, New York City has joined several other towns in filing a lawsuit against Kia and Hyundai.

This case is part of a larger group of cities that are concerned about a surge of auto theft that social media have spurred. Videos that were uploaded to social media platforms such as TikTok and other websites demonstrated how to start automobiles by using screwdrivers and USB cords, and these videos quickly gained widespread attention.

The primary reason for this is that certain of the models that Kia and Hyundai marketed in the United States did not come equipped with engine immobilizers. Engine immobilizers are a common feature that has been included in virtually all automobiles since the 1990s and prevent the engine from starting unless the key is present. You may find out the precise amount of compensation that you are eligible to receive from the Kia-Hyundai Class Action Lawsuit by scrolling down.

Overview of Kia-Hyundai Class Action Lawsuit In 2024

DetailInformation
TopicKia-Hyundai Class Action Lawsuit 2024
Governing BodyFederal Government
CategoryFinance

The settlement costs $3375.

The major automobile manufacturer Kia-Hyundai is the only one that has stopped producing automobiles with key ignition; from 2021, all of their vehicles have been equipped with pushed button starters. Theft of automobiles has increased drastically over the years, and the primary reason for this is that the majority of the most recent models do not make use of such a mechanism.

Because a thief had been taking advantage of clients by stealing their Kia-Hyundai automobiles, the city of New York launched legal action against a corporation that manufactures automobiles. At the present moment, the court has given a prior agreement to the firm to modify the settlement agreement; the cash will only be distributed to the consumers if the court provides final permission.

The dates’ details for the Kia-Hyundai settlement payments

Kia-Hyundai has agreed to the terms of the settlement and will pay a total of $200 million to the customers who are qualified for the payment. The action, which covers around 9 million people, will be resolved as a result of the settlement. Customers who were impacted by the theft of engine immobilizers are in this category. Either $3,375 or 33 per cent of the car’s value, whichever is larger, for damages to the vehicle or loss or damage to personal goods that occurred as a result of such occurrences.

Kia-Hyundai Class Action Lawsuit
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There is currently no information on the Kia-Hyundai Settlement Payment dates. With the popular approach that went viral on ticktock and numerous other social media platforms, the firm said in February that it would soon deploy a software patch for around 8.3 million American autos that lacked theft prevention immobilizers. The purpose of the upgrade was to help in reducing the increasing number of car thefts.

Eligibility for a Class Action Lawsuit Regarding Kia-Hyundai

Eligibility for the Free Software Upgrade

Additionally, if you are a resident of the United States and you bought any of the models that we mentioned on the list, you are eligible to receive the settlement amount.

YearCar Model 
2011-2021Kia Forte
2021-2022Kia K5
2011-2020Kia Optima
2012-2021Kia Rio
2011-2021Kia Sedona
2021-2022Kia Seltos
2011-2022Kia Sorrento
2020-2022Kia Soul
2011-2022Kia Sportage

It is essential to take notice that the Kia-Hyundai Class Action Lawsuit does not make any claims for thefts that have occurred in the past or may occur in the future. Customers who have previously purchased a starring well lock from the firm, either via the dealer or through law enforcement, are eligible to get $250 for each car in exchange for purchasing and installing a glass-shattering alarm or theft prevention devices. This offer is valid for a limited time only.

Not Eligible for Software Upgrade

A reimbursement offer of up to $300 per car is being made available to Class Members who have vehicles that are not eligible for the Software Upgrade. This refund may be used to purchase and install anti-theft measures such as a steering wheel lock, glass breakage alarm, or other similar devices.

Those who have previously obtained a steering wheel lock from Kia, whether directly, via a dealer, or through law enforcement, are eligible to receive up to $250 per vehicle for the purchase and installation of a glass breakage alarm or other equivalent anti-theft upgrades. Specific Kia models in the United States, including Puerto Rico, the United States Virgin Islands, and Guam, are eligible for claims if they are owned or leased by these individuals.

On the other hand, some Class Vehicles that are registered in the fifty states and the District of Columbia are not qualified to acquire the software update; nonetheless, they are eligible to receive reimbursement from the fund.

ModelModel Year
Kia Forte2011 – 2015
Kia Rio2011 – 2021
Kia Soul2011 – 2021
Kia Sportage2011 – 2014
Kia Sedona2014

All That We Are Aware Of

A settlement has been reached between the parties engaged in a lawsuit to avoid a lengthy legal process and to provide assistance to individuals who have been harmed. Money and an update to the program are the two forms of compensation that are available. An update to the software is not available to everyone. Following a theft or attempted theft that meets the criteria, you may be eligible to receive up to $375 in insurance deductibles and boosted premiums as a result of purchasing a theft policy.

Customers have the opportunity to get a maximum of $250 for each car if they purchase and install a glass breakage alarm or other theft-prevention equipment from the same manufacturer. In the United States of America, including the United States Virgin Islands, Puerto Rico, and Guam, individuals who own certain Kia models are eligible to enter and submit a claim. The software update is not available for all of the cars in the fifty states and the District of Columbia; nevertheless, these vehicles are eligible to receive the funds from the fund anyway.

Compensation in Amounts of Money and Qualifications

A Common Fund with a range of $80,000,000 to $145,000,000 is available for distribution to all Class Members for claims that have been authorized. The expenditures that are incurred as a result of the Software Upgrade or theft or attempted theft of their car are compensated by this fund.

The terms “Qualifying Theft” and “Qualifying Theft Attempt” are used to describe attempted thefts that include forced entrance and tampering with the steering or ignition of the vehicle. “Qualifying Theft” refers to real thefts of vehicles that occur via forced access and ignition breach.

In-Depth Information Regard

The following are some of the losses and expenditures that claimants may be eligible to get compensation for:

  • The Black Book value of automobiles that have been lost as a result of a Qualifying Theft or Attempt may not exceed sixty per cent.
  • For damages to the vehicle or loss or damage to personal goods that occurred during such occurrences, the larger the sum of $3,375 or 33 per cent of the total amount.
  • As much as $375 for insurance deductibles and premiums that have risen as a result of theft coverage after a Qualifying Theft or Attempt might be awarded.
  • A maximum of $250 for extra costs, which may include transportation, towing, or penalties incurred as a result of the theft or attempted theft.
  • As much as $250 in total compensation for missed income and expenditures associated with childcare that were spent during the process of upgrading the software.

Reimbursement for up to two key fobs provided by the original equipment manufacturer (OEM) if a Kia dealership directs you to do so for the Software Upgrade, with a maximum reimbursement of $350 for each key fob.

The timeline for the payment of the KIA-Hyundai theft settlement

The preliminary approval of a settlement was granted on October 31st, 2023. Notifications were sent to members of the class on March 4, 2024, which marked the beginning of the claim filing period. It is planned that the final approval hearing will take place on July 15th, 2024.

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Following the conclusion of the hearing, payments will start, provided that the court gives its final consent and resolves any objections or appeals that may have been lodged.

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