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Hyundai and Kia thefts soar more than 1,000% since 2020

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Hyundai and Kia thefts soar more than 1,000% since 2020 Empty Hyundai and Kia thefts soar more than 1,000% since 2020

Post by 8DonCo Fri Jan 05, 2024 10:03 pm

Theft insurance claims for vulnerable Hyundais and Kias increased more than 1000% between the first half of 2020 and the first half of 2023, according to data from the Highway Loss Data Institute, an industry group that tracks insurance statistics.

Many of these vehicles lack some of the basic auto theft prevention technology, such as electronic immobilizers, included in most other vehicles even in those years, according to the HLDI. Electronic immobilizers rely on a computer chip in the car and another in the key that communicate to confirm that the key is authentic and really belongs to that vehicle.

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Hyundai and Kia thefts soar more than 1,000% since 2020 C7f64202b0357f04c779d805f437c5fc

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