Current:Home > MarketsSoftware upgrades for Hyundai, Kia help cut theft rates, new HLDI research finds -Momentum Wealth Path
Software upgrades for Hyundai, Kia help cut theft rates, new HLDI research finds
View
Date:2025-04-17 11:56:24
Anti-theft software upgrades provided for Hyundai and Kia vehicles regularly targeted by thieves has cut theft rates by more than half, according to new research from the Highway Loss Data Institute.
Theft rates of the affected automobiles soared after thieves discovered that certain car models lacked engine immobilizers, an anti-theft technology that has long been standard in other vehicles. Thieves used a technique popularized on TikTok and other social media platforms to take the vehicles.
The software upgrade started in February 2023 after numerous theft claims that began during the Covid-19 pandemic.
For vehicles that have the new software installed, the automobile will only start if the owner’s key or an identical duplicate is in the ignition. Vehicles with the software also receive a window sticker aimed at deterring potential thieves.
Approximately two dozen 2011-22 Hyundai and Kia models are eligible for the software upgrade. Those vehicles that received it as of December 2023 — a total of 30% of the eligible Hyundais and 28% of the eligible Kias in HLDI’s database — had theft claim frequencies that were 53% lower than vehicles that didn’t get the upgrade, according to HLDI.
Those claims aren’t all for thefts of the entire vehicle. They also include claims for damage to vehicles that were stolen and recovered, theft of vehicle parts and items stolen from inside the vehicle. The frequency of whole vehicle theft, which HLDI calculates by matching the cost of the claim to the amount insurers pay for the same model if it’s totaled in a crash, fell by a larger 64% for vehicles with the upgrade.
The HLDI study ended in December. The organization said that Hyundai and Kia have continued to implement software upgrades in vehicles since that time. The automakers have said that about 60% of eligible vehicles had been upgraded as of last month.
The HLDI said that the frequency of theft claims for the Hyundai and Kia vehicles remains high, even for models with the new software. The organization believes one of the reasons for this may be that the software-based immobilizer only activates if the driver remembers to lock the vehicle with a fob, while many people are in the habit of using the switch on the door handle.
veryGood! (35)
Related
- Louvre will undergo expansion and restoration project, Macron says
- Manhattan court must find a dozen jurors to hear first-ever criminal case against a former president
- Iowa asks state Supreme Court to let its restrictive abortion law go into effect
- Rowan football coach Jay Accorsi retires after 22 seasons, 4 trips to NCAA Division III Final Four
- North Carolina justices rule for restaurants in COVID
- White Green: Summary of Global Stock Markets in 2023 and Outlook for 2024
- Why Kyle Richards Needs a Break From RHOBH Following Mauricio Umansky Split
- Paul McCartney toasts Jimmy Buffett with margarita at tribute concert with all-star lineup
- Sam Taylor
- Julia Fox's Latest Look Includes a Hairy Boob Bra and Closed Vagina Underwear
Ranking
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Maine sues biochemical giant over contamination from PCB-tainted products
- Henry Smith: The 6 Stages of Investment - How to Become a Mature Investor
- Several writers decline recognition from PEN America in protest over its Israel-Hamas war stance
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Bakery outlets close across New England and New York
- What are PFAS? Forever chemicals and their health effects, explained
- Judge in sports betting case orders ex-interpreter for Ohtani to get gambling addiction treatment
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Wilma Wealth Management: Case Studies of Wilma Wealth Management's Investments
Don't delay your Social Security claim. Here are 3 reasons why.
I'm an adult and I just read the 'Harry Potter' series. Why it's not just for kids.
New data highlights 'achievement gap' for students in the US
Jelly Roll reflects on his path from juvenile detention to CMT Award winner
Can You Restore Heat Damaged Hair? Here's What Trichologists Have to Say
Several writers decline recognition from PEN America in protest over its Israel-Hamas war stance