Yes, Hyundai and Kia have settled a class action lawsuit over theft losses

The proposed settlement could be valued at about $200 million and includes approximately 9 million Hyundai and Kia vehicles.

Some insurance companies announced in February 2023 that they would no longer issue new policies in some areas for certain Hyundai and Kia vehicles due to an uptick in thefts. 

The National Crime Insurance Bureau said Hyundai and Kia thefts surged throughout the U.S. in 2022 due in part to “how-to” social media videos that provided instructions for stealing the vehicles. 

Now, recent social media posts claim Hyundai and Kia have agreed to settle a class action lawsuit over theft losses. VERIFY reader MJ asked

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