Kia, Hyundai are easy targets for thieves, insurance data confirms | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Stealing older model Hyundai and Kia cars and SUVs became a scary social media trend. Now, new data confirm these South Korean models are far more likely to get stolen than others.

In fact, 2015-2019 Hyundai and Kia models are roughly twice as likely to be stolen as other vehicles of similar age. The reason is many of these vehicles lack some basic auto theft prevention technology included in most other vehicles, even in those years, according to the

, but were standard on only 26% of Hyundais and Kias. Vehicles that have push-button start systems, rather than relying on metal keys that must be inserted and turned, have immobilizers, but not all models with turn-key ignitions do. Hyundai and Kia operate as separate companies in the United States, but Hyundai Motor Group owns a large stake in Kia and various Hyundai and Kia models share much of their engineering.

. “When you forcibly break the ignition, you’re causing so much damage that it’s not easy to re-VIN and resell the vehicle on the open market,” Darrell Russell, a former auto theft investigator who is now a director of operation at the National Insurance Crime Bureau, said in a statement. To re-VIN a vehicle means to change or replace its Vehicle Identification Number, an identification code made from 17 letters and digits, to make the vehicle harder to trace.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I had an renault megane from 95 equipped with immobiliser... cars after 2000 is hard to believe don't have this feature as standard

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Norway's $1.2 trillion fund sets 2050 net zero target | CNN BusinessNorway's $1.2 trillion wealth fund, the world's largest, said on Tuesday it would decarbonise its holdings by pushing firms to cut their greenhouse gas emissions to nil by 2050, in line with the Paris Agreement. old man who hates the queen is interviewed by the bbc and is so disgusted by the queen and the royal family he straight open ass farts on the camera🤣🤣🤣 Is the world learning nothing?
Source: cnni - 🏆 326. / 59 Read more »