If you own a car from the KIA or Hyundai brands, you could receive a payment of $3,000 in the coming days. In 2024, according to data provided by Interbrand, Hyundai Motor Company ranked 30th globally among automotive brands, with $23 billion in revenue. Meanwhile, Kia Corporation achieved a record annual sales increase of 6.3% last year, resulting in annual sales exceeding 3 million vehicles.
TikTok videos exposed security flaws in Hyundai and Kia Cars
In recent months, vehicles manufactured by these two South Korean automakers have shown some issues. Specifically, a flaw has been identified in the engine immobilizers. These digital devices are designed to prevent the car from starting unless the owner uses the specific key or remote control for that purpose.
As a result, this flaw has made the vehicles more vulnerable to theft. Competitors, in contrast, continue to use traditional keys, distancing themselves from this problem. The issue came to light when teenagers began uploading numerous TikTok videos demonstrating how easy it was to steal these types of cars.
Owners have filed lawsuits against the automakers
Consequently, many KIA and Hyundai car owners affected by this serious security defect have started filing lawsuits against the companies. This has led the automakers to reach a settlement agreement to compensate their customers, totaling 145 million euros.
Follow these steps to claim the $3,000
Is your vehicle altered by this security flaw? If so, here’s how you can request the $3,000 direct payment from KIA and Hyundai. First, locate your Vehicle Identification Number (VIN). Next, to proceed with the claim, you must provide documentation, such as a police report, to prove that the vehicle was stolen or an attempted theft occurred.
Finally, to complete the process, simply fill out the online form or send it by mail to the address provided on the official web platform. Keep in mind that the deadline for submitting your claim is January 11, 2025.
Lastly, don’t forget to follow us daily to stay updated on the most relevant socioeconomic news related to the United States. Also, stay informed with our updates every day about motor news.