FI showroom red and grey logo
MenuMENU
SearchSEARCH

Car Theft Rash Diminishes

Hyundais, Kias that got software upgrades stolen much less frequently.

August 7, 2024
Car Theft Rash Diminishes

Vehicles that get the software update also get a window sticker indicating the antitheft capability in order to deter prospective thieves.

Credit:

Pexels/Alina Rossoshanska

2 min to read


A rash of Hyundai and Kia thefts in the past couple of years has dropped sharply after the South Korean automakers made antitheft software updates to vulnerable models.

The nonprofit Insurance Institute for Highway Safety said the updates, which started last year, have reduced the rate of theft among the vehicles by more than half.

Ad Loading...

“The companies’ solution is extremely effective,” said Matt Moore, senior vice president of the institute’s sister group, the Highway Loss Data Institute. “If you own a Hyundai or Kia vehicle without an electronic immobilizer, you should call your local dealer about getting the software upgrade today.”

The updates started in February 2023 after thieves targeted models without electronic mobilizers, even posting social media videos to instruct others in their theft methods. IIHS said the software updates allow the vehicles to be started only with the owner’s key or an identical duplicate used in the ignition.

Updated vehicles also get a window sticker indicating the antitheft capability in order to deter prospective thieves.

Hyundais and Kias model years 2011 to 2022 didn’t come with electronic mobilizers as standard, or what IIHS said is about two dozen models.

As of last December, about 30% of eligible vehicles had gotten the software update, and their theft claim frequency has since been 53% below those that hadn’t gotten the upgrade, IIHS said. The claims also cover damage to stolen vehicles, items inside the vehicles that were stolen, and vehicle parts thefts.

Ad Loading...

The automakers’ theft rates should eventually return to industry normals as criminals become aware many are no longer easy targets “and the fad gets stale,” Moore said.

Hyundai and Kia settled a class-action lawsuit over the thefts in the spring of last year in the amount of $200 million, covering about nine million vehicle owners between them.

In addition to the software upgrade, the companies reimbursed owners for steering wheel locks and worked with AAA to insure effected vehicles. But many major U.S. cities sued them over the thefts, which sometimes ended with episodes of dangerous driving, including collisions, and many attorneys general urged them to do more about the problem, including a recall. Some insurance companies sued them. Part of the models prone to theft weren't eligible for the software update.

 

 

 

More Industry

red Jeep Wrangler driving over rocky terrain
Industryby Lauren LawrenceMarch 9, 2026

Jeep Wrangler Safety Increases

Thanks to improvements made to the frame rail of Jeep Wranglers, all units built after October earn an acceptable IIHS rating for a combination of driver- and passenger-side tests.

Read More →
Industryby Lauren LawrenceFebruary 27, 2026

Audi of America Gains New Exec

According to board member Marco Schubert, the German automaker 'is well positioned to enhance its competitiveness in both North America and China,' and part of that includes management shifts.

Read More →
F&Iby Lauren LawrenceFebruary 25, 2026

Report Finds Year-End F&I Strength

Deal volume ebbed and flowed throughout 2025, but product performance remained steady, according to automotive technology and data intelligence solutions provider StoneEagle.

Read More →
Ad Loading...
Auto Financeby Lauren LawrenceFebruary 23, 2026

Auto Loan Forecast Bucks Market Trend

Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.

Read More →
Industryby Lauren LawrenceFebruary 23, 2026

Auspicious in Alabama

Valuing employees, growing wisely, keeping up with tech, and contributing to stores’ communities cultivate success.

Read More →
F&Iby Hannah MitchellFebruary 23, 2026

Some Auto Brands Cheaper to Insure

A new top 10 list ranks the least expensive for average full insurance coverage on a clean driving record and high driver credit scores.

Read More →
Ad Loading...
Industryby Hannah MitchellFebruary 18, 2026

EVs Bring Most Satisfaction to Date

Study finds that adopters are true believers and that their satisfaction with the vehicles is growing, including for public charger experience, despite pullback of federal incentives.

Read More →
Industryby Lauren LawrenceFebruary 18, 2026

Cyber Risks Span Systems

VicOne found that 33% of observed cyber risk now directly impacts driver-facing systems, such as infotainment, network and embedded software, and leading to greater customer impact.

Read More →
IndustryFebruary 11, 2026

Beginning the Tax Year Right

Auto dealers can boost their business wealth by applying these tax-efficient F&I participation structures this year.

Read More →
Ad Loading...
Industryby Lauren LawrenceFebruary 11, 2026

Insurance Shopping on the Rise

A TransUnion study found that relationship-driven sales models proved to be important, as consumers who used an agent had a lower shopping intensity than those going it alone.

Read More →