Thefts of Hyundai and Kia Vehicles Soar
IIHS found U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp. than other manufacturers vehicles for the 2015 through 2019 model years.

IIHS found U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp. than other manufacturers vehicles for the 2015 through 2019 model years.
IMAGE: Getty Images/djedzura
Thefts of Hyundai and Kia vehicles compared to other manufacturers are soaring, finds the Insurance Institute for Highway Safety's (IIHS) Highway Loss Data Institute.
IIHS found U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp. than other manufacturers vehicles for the 2015 through 2019 model years.
Many 2015-19 model year Hyundai and Kia vehicles lack electronic immobilizers that prevent people from breaking in and bypassing the ignition. This feature is standard equipment on most other vehicles manufactured during that timeframe, IIHS said.
The insurance group said immobilizers were standard on 62% of models from other manufacturers in model year 2000, rising to 96% by 2015. But the technology was standard on just 26% of 2015 model year Hyundai and Kia vehicles, it said.
Hyundai and Kia report their vehicles meet U.S. motor vehicle standards but noted they are being targeted in a "coordinated effort" by social media users. Hyundai added engine immobilizers to all vehicles produced after Nov. 1, 2021, while Kia added this technology in the 2022 model year.
Hyundai will begin offering a security kit for purchase at its dealerships as of October 1. The kit targets the method of entry thieves are using to access these vehicles.
"Criminals are seeking vehicles solely equipped with a steel key and 'turn-to-start' ignition system. The majority of Kia vehicles in the United States are equipped with a key fob and 'push-button-to-start' system, making them more difficult to steal," Kia said.
The group said that after social media attention in Wisconsin in 2021, overall losses from Hyundai and Kia thefts soared to more than 30 times the 2019 level.
Originally posted on Auto Dealer Today
More Industry

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →