Kia and Hyundai are facing lawsuits totaling $1 billion due to the ease of stealing certain car models. An appellate court has ruled that insurers can sue the Korean automakers for payouts related to these theft-prone vehicles.
A recent study by UCLA indicates that thefts of these cars are likely to continue until the 2040s. The court's decision allows insurers to pursue claims against Kia and Hyundai.
Further details on the lawsuits and the study's findings are available from the source, providing more information on the potential impact of these thefts and the court's ruling.
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