Hyundai and Kia agreed to a consumer class-action lawsuit settlement worth $200 million over rampant car thefts of the Korean automakers' vehicles.
to make them harder to steal. It's been a long road, and now owners of the affected vehicles will be getting a piece of this settlement pie as a result of the lawsuit.
Lawyers say the settlement covers about 9 million U.S. owners and includes up to $145 million for out-of-pocket losses for consumers who had cars stolen. Those who experienced a total loss of their vehicle could be entitled to up to $6,125, while those who experienced damage to vehicle and personal property could see $3,375.
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