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Hyundai, Kia agree to pay $200 million to settle lawsuit after rise in thefts
The hill ^ | 05/18/2023 | Julia Mueller

Posted on 05/18/2023 5:34:40 PM PDT by ChicagoConservative27

Automakers Hyundai Motor America and Kia America Inc. have agreed to pay roughly $200 million to settle a class-action lawsuit after the car companies saw a rise in thefts.

“The agreement, which could be valued at approximately $200 million depending on how many customers elect to participate, will provide cash compensation for customers who incurred theft-related vehicle losses or damage not covered by insurance, in addition to reimbursement for insurance deductibles, increased insurance premiums, and other theft-related losses,” Hyundai said in a release.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; Politics/Elections
KEYWORDS: hyundai; kia; lawsuit; thefts
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To: ChicagoConservative27

Geee, can we sue the Federal Reserve because people like to steal the ‘money’ they print?

Our ‘justice system’ is insane.


21 posted on 05/18/2023 8:15:16 PM PDT by LegendHasIt
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To: ChicagoConservative27

We are done. Thiefs figure out how to steal cars more efficiently and the car companies have to pay. Wow.


22 posted on 05/18/2023 8:19:59 PM PDT by DouglasKC
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To: Rurudyne

Car thieves just can’t help themselves!

Killed
In
Automobile


23 posted on 05/19/2023 10:18:45 AM PDT by Vaduz (....)
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