Current:Home > MySoftware upgrades for Hyundai, Kia help cut theft rates, new HLDI research finds -FinanceCore
Software upgrades for Hyundai, Kia help cut theft rates, new HLDI research finds
View
Date:2025-04-17 11:29:57
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! (6)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Iga Swiatek wins a third consecutive French Open women’s title by overwhelming Jasmine Paolini
- India defends 119 in low-scoring thriller to beat Pakistan by 6 runs at T20 World Cup, Bumrah 3-14
- No More Waiting: Save 53% on the Dash Rapid Cold Brew Maker That Works Quickly
- Highlights from Trump’s interview with Time magazine
- Howard University cuts ties with Sean ‘Diddy’ Combs after video of attack on Cassie
- Caitlin Clark expected to be off star-packed USA Basketball national team Olympic roster, reports say
- Florida authorities warn of shark dangers along Gulf Coast beaches after 3 people are attacked
- Average rate on 30
- Bark Air, an airline for dogs, faces lawsuit after its maiden voyage
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Trust your eyes, Carlos Alcaraz shows he really is a 'mega talent' in French Open victory
- Watch: Bryce Harper's soccer-style celebration after monster home run in MLB London Series
- Mortgage closing fees are in the hot seat. Here's why the feds are looking into them.
- Meta donates $1 million to Trump’s inauguration fund
- Rainbow flags rule the day as thousands turn out for LA Pride Parade
- Norwegian wealth fund to vote against Elon Musk’s Tesla pay package
- Florida authorities warn of shark dangers along Gulf Coast beaches after 3 people are attacked
Recommendation
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Boston Celtics will aim to keep NBA playoff road success going in Dallas
Methodist church regrets Ivory Coast’s split from the union as lifting of LGBTQ ban roils Africa
Floor It and Catch the Speed Cast Then and Now
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Kyle Larson surges to second Sonoma win after fascinating NASCAR road-course race
Celebrities need besties too: A look at famous duos on National Best Friends Day 2024
A 4th person dies of injuries in Minneapolis shooting that also killed an officer