FI showroom red and grey logo
MenuMENU
SearchSEARCH

Hyundai, Kia Must Face Insurer Suits

Companies seek $1 billion-plus over rash of vehicle thefts.

November 16, 2023
Hyundai, Kia Must Face Insurer Suits

Certain 2011 to 2022 models by the carmakers lack immobilizing technology to prevent theft.

IMAGE: Pexels/Jeffrey Paa Kwesi Opare

1 min to read


A federal judge ruled Hyundai and Kia must face lawsuits by insurers over a nationwide rash of thefts made possible by the lack of antitheft technology in the models.

Hundreds of insurers sued the South Korean carmakers over the thefts, many of which were inspired by social media posts that shared instructions on how to steal certain models. The consolidated claims exceed $1 billion.

Ad Loading...

Certain 2011 to 2022 models by the carmakers lack immobilizing technology to prevent theft. The carmakers have been offering software updates to add the technology, along with distributing steering wheel locks for consumers, though many of the vehicles still haven’t gotten the updates.

U.S. District Court Judge James Selna in Santa Ana, Calif., rejected the automakers’ arguments that insurers were compensated by customers’ premiums and voluntarily assumed risk and that they didn’t indicate which individual policy holders’ vehicles were stolen, according to news reports. It determined that the vehicles’ lack of antitheft technology made them vulnerable.

LEARN MORE: Hyundai Holds Antitheft Clinics

 

Originally posted on Auto Dealer Today

More F&I

Insurance contract signature page with black inkpen on top
F&I•by Hannah Mitchell•September 22, 2026

Gitty Up on Gap

The foundational finance-and-insurance product hasn’t kept up with the latest conditions for auto dealers. Is the time ripe?

Read More →
Easycare White paper cover See how AI-powered coaching can turn F&I customer conversations into actionable insights that support compliance, performance and profitability
Sponsored•September 8, 2026

How AI-Powered Coaching Is Transforming F&I Performance

See how AI-powered coaching can turn F&I customer conversations into actionable insights that support compliance, performance and profitability

Read More →
Assurant, Sell Value Build Trust, F&I Series, Expert Trainer Trent White
F&I•September 2, 2026

Sell Value, Build Trust

In this video, Trent White explains why selling on value, not fear, builds lasting customer trust, reduces cancellations, and drives long-term success.

Read More →
Ad Loading...
2026 StoneEagle summary
F&I•by Hannah Mitchell•August 31, 2026

F&I Sales Give Dealers First-Half Lift

Product business shored up total profits to avoid an overall revenue tanking as product penetrations held steady, StoneEagle reported.

Read More →
man with white hair and glasses delivering a speech standing next to a podium
F&I•by Lauren Lawrence•August 31, 2026

Targeted Training Drives Results

Today’s technology, instead of threatening F&I managers, can actually make them better, according to an industry veteran who’s watched market setbacks roil the unprepared.

Read More →
Man's hand holding pen over a paper document
F&I•by Justin B. Gasman•August 20, 2026

Double the Change, Double the Chance

When an F&I manager gets a customer refusal, it’s a wise move to tweak more than one thing in the product offering.

Read More →
Ad Loading...
Laptop computer, tablet, calculator and notebook on a desk
F&I•by John Tabar•August 20, 2026

Just Do It

F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.

Read More →
stacks of coins, a calculator, paperwork, and a pair of glasses in the background, text Lender Experience Drives Dealer Decisions, F&I and Showroom
Auto Finance•by Lauren Lawrence•August 12, 2026

Dealer Lender Preferences Revealed

When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.

Read More →
Leading with Purpose thumbnail. Trent white pictured in front of titled graphic.
F&I•August 5, 2026

Leading with Purpose

In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.

Read More →
Ad Loading...
Photo of a keyring with mltiple keys, including a car key fob, on a white surface
F&I•July 15, 2026

Integrating Nontraditional F&I Products

The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.

Read More →