agent Entrepreneur 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 immobilizers 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.

 

 

 

Originally posted on Auto Dealer Today

More Industry

Two white men's shaking hands
Industry•October 15, 2026

Penske Auto Group Deal a Record

The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.

Read More →
Rows of cars parked in exterior lot
Industry•by Hannah Mitchell•October 8, 2026

War Toll a Damper on Used Auto Prices

Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.

Read More →
Mechanic cleaning interior of engine
Industry•by Lauren Lawrence•October 8, 2026

Bridge the Maintenance Gap

With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.

Read More →
Ad Loading...
Ford F-150 truck rounding a curve
Industry•by Hannah Mitchell•October 1, 2026

California Store Has New Owner

The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.

Read More →
crane lowering a pipeline into the ground
Industry•by Lauren Lawrence•October 1, 2026

BMW Plant Pursues Cleaner Energy

BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.

Read More →
Two dodge cars outside of dealership.
Industry•by Lauren Lawrence•September 17, 2026

Auto Affordability Inches Up

The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.

Read More →
Ad Loading...
Five men smiling for photo in front of Honda car dealership.
Industry•by Lauren Lawrence•September 10, 2026

Ohio Auto Group Under New Ownership

After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.

Read More →
Blue and white RV parked on beach facing the ocean.
Industry•by Lauren Lawrence•September 3, 2026

RV Group Expands Carolina Footprint

Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.

Read More →
Photo of two men and one woman on a discussion panel
Industry•by Hannah Mitchell•September 1, 2026

Agent Acumen

An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.

Read More →
Ad Loading...
Gloved hand holding two wrenches next to “Turn Overdue into Opportunity” Graphic
Industry•by Lauren Lawrence•August 27, 2026

Missed Maintenance Creates Opportunity

As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.

Read More →
Ad Loading...