Software upgrades for Hyundai, Kia help cut theft rates, new HLDI research finds
AP Business Writer
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. 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.