Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

Connecticut announces investigation into social media-linked thefts of Hyundai and Kia vehicles

by June 22, 2023
June 22, 2023
Connecticut announces investigation into social media-linked thefts of Hyundai and Kia vehicles

Connecticut’s attorney general has announced an investigation into Hyundai and Kia concerning the companies’ failure to equip millions of their vehicles with modern anti-theft technology.

In a press release Tuesday, Attorney General William Tong accused the Korean automakers of ignoring repeated calls to install the hardware, known as an engine immobilizer. The technology can prevent vehicles from being hot-wired and stolen.

In recent viral social media posts, individuals can be seen quickly starting the cars using a USB cable.

“We have called on Hyundai and Kia over and over again to make this right and address the glaring public safety vulnerabilities in their vehicles,’ Tong said. ‘Whatever they have done to date is clearly not working. We’ve got viral videos all over the internet teaching kids how to hot-wire these cars in a matter of seconds and glorifying reckless driving that has resulted in injuries and multiple deaths nationwide.’

Tong goes on to call the vehicles ‘sitting ducks’ and notes many major insurers are now refusing to cover them.

‘I’ve launched this investigation to force Hyundai and Kia to disclose every discussion and decision leading up to the sale of these theft-prone cars, as well as the costs and analysis of potential fixes,’ Tong said.

Representatives for Hyundai, which owns Kia, did not immediately respond to a request for comment.

The action follows a $200 million class-action settlement the automakers reached last month that was designed to cover approximately 9 million U.S. owners. The settlement includes up to $145 million for out-of-pocket losses for consumers who had cars stolen, as well as offers to upgrade vehicles without anti-theft immobilizers.

Earlier this month, New York City sued the automakers on similar grounds to Connecticut’s. In April, attorneys general of 17 states and the District of Columbia called on the National Highway Traffic Safety Administration to issue a nationwide recall of the vehicles.

A NHTSA spokesperson declined to comment. In February, the agency announced the carmakers had developed theft-deterrent software for vehicles lacking immobilizers and would provide it free of charge to vehicle owners. 

This post appeared first on NBC NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Titanic submersible lost at sea raises legal questions for high-risk businesses
next post
Pennsylvania eyes looser medical marijuana regulations

Related Posts

Dave & Buster’s to let players bet against...

May 2, 2024

Here’s why banks don’t want the CFPB to...

March 11, 2025

Ex-Starbucks employee sues chain for wrongful termination after...

January 29, 2024

Dow rallies more than 500 points to record,...

December 14, 2023

Walmart to open or expand more than 150...

February 2, 2024

How America’s chief consumer-protection agency came into the...

February 14, 2025

Rules for repaying Social Security benefits are about...

March 11, 2025

Biden administration to lower costs for 64 drugs...

June 28, 2024

GM expands North America recall for potentially faulty...

March 2, 2024

Procter & Gamble to cut 7,000 jobs as...

June 9, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Questcorp Mining

    • Nickel Price 2025 Year-End Review

    • Armory Mining Engages Castello Q Exploration for Ammo Antimony-Gold Work Program

    • International Lithium Corp. AGM Chairman’s Statement

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    Categories

    • Business (1,424)
    • Investing (3,302)
    • Politics (3,699)
    • Stocks (1,888)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved