The 2024 Kia-Hyundai Class Action Lawsuit addresses significant security concerns related to certain vehicle models produced by these automakers.
Customers have raised issues regarding the lack of engine immobilizers in specific models, which has led to increased vehicle thefts.
This lawsuit has resulted in a proposed settlement, providing compensation and other benefits to affected customers. This article covers the essential details, including settlement payments, eligibility, and key dates.
Background of Kia-Hyundai Class Action Lawsuit
The lawsuit was initiated after numerous reports of thefts involving Kia and Hyundai vehicles lacking standard security features, such as engine immobilizer.
These thefts became widely publicized through social media, particularly due to viral videos demonstrating how easily these vehicles could be stolen using basic tools like a screwdriver or USB cords.
The affected vehicles, primarily models released between 2011 and 2022, have been at the center of complaints in cities across the United States, including New York.
The lack of essential security features in these vehicles has prompted legal action from consumers, leading to this class action lawsuit.
$3375 Settlement Payment Details
The settlement provides both software upgrades and monetary compensation to affected vehicle owners.
However, not all class members will be eligible for the software upgrade. The compensation amounts vary depending on the type and extent of the loss experienced by the vehicle owners:
- Total Loss Due to Theft: Vehicle owners who experienced a total loss due to qualifying theft can receive up to 60% of the vehicle’s value.
- Damaged Vehicles or Property: Compensation of up to $3,375 (approximately 33% of the vehicle’s value) will be provided for vehicles that were damaged or for losses of personal property during the theft.
- Insurance Deduction: A deduction of $375 will be provided for increased insurance premiums resulting from the theft attempt.
- Additional Expenses: Up to $250 will be reimbursed for transportation costs, towing fees, fines, and other related expenses.
- Childcare and Lost Wages: An additional $250 will be provided to cover childcare costs and lost wages during the software upgrade process.
For vehicles that cannot receive the software upgrade, owners may be eligible for reimbursement of up to $300 for purchasing anti-theft devices such as steering wheel locks, glass breakage alarms, and other security enhancements.
Settlement Payment Dates
The settlement has been approved, and the claim-filing period began early in 2024. Notices were sent to class members in March 2024. The final approval hearing took place on July 15, 2024. Following the court’s final approval, the settlement payments are expected to commence.
| Event | Date |
|---|---|
| Notices Sent to Class Members | March 2024 |
| Final Approval Hearing | July 15, 2024 |
| Settlement Payments Begin | After court approval, late 2024 |
Eligibility Criteria
To qualify for the settlement benefits, including the $3,375 payment and software upgrades, vehicle owners must meet specific eligibility criteria:
- Vehicle Type and Model Year: The settlement applies to specific Kia and Hyundai models manufactured between 2011 and 2022. Eligible models include the Kia Forte, K5, Sedona, Optima, Seltos, Soul, Rio, Sportage, and specific years of the Kia Sedona (2014).
- Software Upgrade: Vehicles must have the necessary technology to support a keyless start system to be eligible for the software upgrade.
- Geographic Eligibility: The settlement is available to vehicles registered in all 50 U.S. states, including the District of Columbia. However, vehicles registered in Guam, Puerto Rico, and the U.S. Virgin Islands are not eligible for this settlement.
Eligible Vehicles
| Vehicle Model | Model Year |
|---|---|
| Kia Forte | 2011-2021 |
| Kia K5 | 2021-2022 |
| Kia Sedona | 2011-2021 |
| Kia Optima | 2011-2020 |
| Kia Seltos | 2021-2022 |
| Kia Soul | 2011-2022 |
| Kia Rio | 2011-2021 |
| Kia Sportage | 2011-2021 |
| Kia Sedona | 2014 |
The settlement fund ranges between $80 million and $145 million, depending on the claims filed. Eligible vehicle owners must submit their claim forms to receive their compensation.
The 2024 Kia-Hyundai Class Action Lawsuit represents a significant step towards addressing the security concerns raised by affected vehicle owners.
With substantial compensation and the option for software upgrades, the settlement aims to mitigate the impact of these security flaws. Vehicle owners are encouraged to submit their claims promptly to ensure they receive their entitled benefits.
FAQs
Who is eligible for the $3,375 settlement payment?
Owners of specific Kia and Hyundai models produced between 2011 and 2022.
What is the deadline to file a claim for the settlement?
The claim-filing period began in early 2024, with final payments expected after court approval in late 2024.
Can I receive compensation if my vehicle is not eligible for the software upgrade?
Yes, eligible owners may receive up to $300 for purchasing anti-theft devices.
How will the settlement payments be made?
Payments will be made after the final court approval, expected later in 2024.
Where can I find more information about the settlement?
Visit the official settlement website or contact the claims administrator for more details.
