A federal judge on Wednesday declined to approve a proposed settlement in a class-action lawsuit prompted by a surge in Hyundai and Kia vehicle thefts, saying it fails to provide “fair and adequate” relief to vehicle owners.
, announced in May, could be valued at $200 million and covers about 9 million 2011-2022 model year Hyundai and Kia vehicles in the U.S., the companies said at the time.
The two automakers announced that update early in 2023, saying it would address a security flaw that was exposed on TikTok and other social media sites. But in May, The Associated Press reported that thieves were still driving off with Kia and Hyundai vehicles at alarming rates.
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