Thefts of Hyundai and Kia Vehicles Soar
IIHS found U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp. than other manufacturers vehicles for the 2015 through 2019 model years.

IIHS found U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp. than other manufacturers vehicles for the 2015 through 2019 model years.
IMAGE: Getty Images/djedzura
Thefts of Hyundai and Kia vehicles compared to other manufacturers are soaring, finds the Insurance Institute for Highway Safety's (IIHS) Highway Loss Data Institute.
IIHS found U.S. theft claims were nearly twice as common for Hyundai Motor and Kia Corp. than other manufacturers vehicles for the 2015 through 2019 model years.
Many 2015-19 model year Hyundai and Kia vehicles lack electronic immobilizers that prevent people from breaking in and bypassing the ignition. This feature is standard equipment on most other vehicles manufactured during that timeframe, IIHS said.
The insurance group said immobilizers were standard on 62% of models from other manufacturers in model year 2000, rising to 96% by 2015. But the technology was standard on just 26% of 2015 model year Hyundai and Kia vehicles, it said.
Hyundai and Kia report their vehicles meet U.S. motor vehicle standards but noted they are being targeted in a "coordinated effort" by social media users. Hyundai added engine immobilizers to all vehicles produced after Nov. 1, 2021, while Kia added this technology in the 2022 model year.
Hyundai will begin offering a security kit for purchase at its dealerships as of October 1. The kit targets the method of entry thieves are using to access these vehicles.
"Criminals are seeking vehicles solely equipped with a steel key and 'turn-to-start' ignition system. The majority of Kia vehicles in the United States are equipped with a key fob and 'push-button-to-start' system, making them more difficult to steal," Kia said.
The group said that after social media attention in Wisconsin in 2021, overall losses from Hyundai and Kia thefts soared to more than 30 times the 2019 level.
More Dealer Ops

Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
Timing the Market Can Hurt Long-Term Program Performance
For dealer-owned reinsurance entities, avoiding volatility entirely can mean falling behind inflation and missing market rebounds that drive long term surplus growth. Missing just a handful of strong market days can materially impact cumulative returns—an important reminder for long horizon trust and investment strategies.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →
Survey Reveals What Won't Fix What's Breaking Car Sales
AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.
Read More →
IA American Appoints Two Execs
Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.
Read More →
Cox Automotive Acquires Inspection Firm
Full ownership of Alliance Inspection Management, or AiM, meant to unlock growth for Manheim inspection capabilities
Read More →
Assurant Expands Partnership With Holman
Extended collaboration delivers training, products and performance development to 30 newly acquired Holman dealerships
Read More →
Franchises, Throughput Down in First Half
A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.
Read More →