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Kia and Hyundai will make a one-off payment to eligible owners
The payments include (potentially) over $3000 to each eligible person
Millions of drivers in the United States may be entitled to thousands of dollars from Kia and Hyundai.
The potential payout could be a bit over $3,000. However, there is a deadline for filing the claim, and that deadline is in the very near future.
Note: One of the eligibility requirements is that you need to have owned or own a car made from Hyundai or Kia. Only eligible models apply.
Why Is Kia and Hyundai Offering Payouts
Well, Kia and Hyundai were faced with claims throughout a number of states in America. The claims accused the automakers that their vehicles were an easy target for thieves, due to lack of proper anti-theft features.
The automakers and claimants reached a settlement wort $145 million.
The Security Issues At Hand
The main issue at hand seems to be that Kia and Hyundai kept relying on traditional turn-key ignition systems; While at the same time their competitors started to incorporate engine immobilizers into their vehicles.