Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Hyundai and Kia Theft Rates Plunge 64% After New Software Rollout

theguru Views  

The rate of theft involving Hyundai and Kia vehicles in the U.S. has dropped by over 50%, thanks to proactive software upgrades to prevent theft. Experts anticipate that these automakers will soon overcome their previous reputation as easy targets for thieves.

According to the Highway Loss Data Institute (HLDI), theft rates for Hyundai and Kia vehicles in the U.S. have decreased by 64% as of the 8th. Since February of last year, this significant reduction follows the companies’ efforts to implement vehicle theft prevention software upgrades for local customers. Hyundai’s mobile service center, established in July of last year, has been instrumental in this improvement.

Previously, Hyundai and Kia vehicles were popular targets for youth crime in the U.S. due to the lack of an immobilizer system—a security feature designed to prevent theft by embedding a unique code into the car key that must be verified each time the engine starts. This feature was absent in models produced locally from 2011 to 2021 and in certain 2015 to 2021 models.

Hyundai and Kia report that approximately 61% of the targeted vehicles (over 2 million units) have received the software upgrade. All cars produced since November 2021 now include the engine immobilizer system as a standard feature.

As theft rates decrease, the insurance claim rates for Hyundai and Kia are expected to align with those of other brands gradually. The companies saw a dramatic 1,000% increase in theft insurance claims from the first half of 2020 to the first half of 2023.

Despite this progress, Hyundai and Kia are not entirely free from theft issues. Many thieves continue to target these vehicles. HLDI’s analysis of insurance claim data indicates that even with the new software, theft, and damage rates for Hyundai and Kia remain higher than those of other brands and models.

HLDI also noted, “You can further enhance crime prevention by placing stickers on windows to inform about the theft prevention software upgrade. Vehicles without stickers sustained more damage than those with stickers.”

theguru
content@viewusglobal.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • Musk's Lithium Nightmare? Russia and Bolivia’s $970 Million Deal Could Shake Up the Market!
  • China's AI Models Racing Ahead: Could They Outpace U.S. in Just Months?
  • Nvidia’s Plan B: Jensen Huang Reveals Backup Strategy if TSMC Faces Geopolitical Challenges
  • House Passes Bill Blocking Tax Credits for Chinese-Backed EVs: Big Win for U.S. Auto Industry?
  • Trump vs. Harris Debate Sparks Market Shifts: Experts Warn of Volatility!
  • Trump's Ex-Security Chief Calls for Tougher Protection of U.S. Companies!

Weekly Best Articles

  • KF-21 Boramae: Why This Fighter Jet is Turning Heads and Shaking Up the Market
  • Avoid These 3 Foods with Your Coffee: Health Risks and Flavor Mismatches
  • Couch Potatoes Beware: Why Binge-Watching TV Could Double Your Risk of Blood Clots
  • Don’t Spoil the Fun: 7 Fan Actions That Can Kill the Ballpark Vibe
  • 7 Easy Tips to Banish Water Stains for Good
  • Inside the Spy Planes Watching North Korea: The High-Tech Eyes of Modern Warfare
  • 7 Ways Walking Barefoot Boosts Your Health and Happiness
  • Dementia’s Threat: 9 Expert Tips for Managing and Preventing the Disease
  • Railgun Revolution: Why the U.S. Navy’s Abandoned Dream Could Be China’s Next Big Thing!
  • Secrets of the U.S. Navy’s Most Powerful Warships: What Makes Them Tick
  • Why Rinsing Your Fruits and Veggies Alone Isn’t Enough—And What to Do Instead
  • Curry Lovers Beware: How This Popular Dish Could Sabotage Your Diabetes Control

You May Also Like

  • 1
    Inside the Spy Planes Watching North Korea: The High-Tech Eyes of Modern Warfare

    ASIA 

  • 2
    7 Ways Walking Barefoot Boosts Your Health and Happiness

    LIFESTYLE 

  • 3
    Dementia's Threat: 9 Expert Tips for Managing and Preventing the Disease

    LIFESTYLE 

  • 4
    Railgun Revolution: Why the U.S. Navy's Abandoned Dream Could Be China’s Next Big Thing!

    ASIA 

  • 5
    Secrets of the U.S. Navy’s Most Powerful Warships: What Makes Them Tick

    WORLD 

Popular Now

  • 1
    Why Rinsing Your Fruits and Veggies Alone Isn’t Enough—And What to Do Instead

    LIFESTYLE 

  • 2
    Curry Lovers Beware: How This Popular Dish Could Sabotage Your Diabetes Control

    LIFESTYLE 

  • 3
    5 Hacks to Make Sure Your Luggage Doesn’t Go Missing

    LIFESTYLE 

  • 4
    CHAMP Missile Unleashed: Silent Power That Could Crush North Korean and Iranian Nukes

    WORLD 

  • 5
    Stop the 'Old Man' Smell: 4 Simple Shower Tricks to Smell Amazing

    LIFESTYLE 

Weekly Best Articles

  • KF-21 Boramae: Why This Fighter Jet is Turning Heads and Shaking Up the Market
  • Avoid These 3 Foods with Your Coffee: Health Risks and Flavor Mismatches
  • Couch Potatoes Beware: Why Binge-Watching TV Could Double Your Risk of Blood Clots
  • Don’t Spoil the Fun: 7 Fan Actions That Can Kill the Ballpark Vibe
  • 7 Easy Tips to Banish Water Stains for Good
  • Inside the Spy Planes Watching North Korea: The High-Tech Eyes of Modern Warfare
  • 7 Ways Walking Barefoot Boosts Your Health and Happiness
  • Dementia’s Threat: 9 Expert Tips for Managing and Preventing the Disease
  • Railgun Revolution: Why the U.S. Navy’s Abandoned Dream Could Be China’s Next Big Thing!
  • Secrets of the U.S. Navy’s Most Powerful Warships: What Makes Them Tick
  • Why Rinsing Your Fruits and Veggies Alone Isn’t Enough—And What to Do Instead
  • Curry Lovers Beware: How This Popular Dish Could Sabotage Your Diabetes Control

Must-Reads

  • 1
    Inside the Spy Planes Watching North Korea: The High-Tech Eyes of Modern Warfare

    ASIA 

  • 2
    7 Ways Walking Barefoot Boosts Your Health and Happiness

    LIFESTYLE 

  • 3
    Dementia's Threat: 9 Expert Tips for Managing and Preventing the Disease

    LIFESTYLE 

  • 4
    Railgun Revolution: Why the U.S. Navy's Abandoned Dream Could Be China’s Next Big Thing!

    ASIA 

  • 5
    Secrets of the U.S. Navy’s Most Powerful Warships: What Makes Them Tick

    WORLD 

Popular Now

  • 1
    Why Rinsing Your Fruits and Veggies Alone Isn’t Enough—And What to Do Instead

    LIFESTYLE 

  • 2
    Curry Lovers Beware: How This Popular Dish Could Sabotage Your Diabetes Control

    LIFESTYLE 

  • 3
    5 Hacks to Make Sure Your Luggage Doesn’t Go Missing

    LIFESTYLE 

  • 4
    CHAMP Missile Unleashed: Silent Power That Could Crush North Korean and Iranian Nukes

    WORLD 

  • 5
    Stop the 'Old Man' Smell: 4 Simple Shower Tricks to Smell Amazing

    LIFESTYLE 

Share it on...