
New appointment at Dunlop Tyres South Africa
Dunlop Tyres South Africa has announced the appointment of Thuli Gasa as Head of Corporate Services, serving as a full member of the Executive Committee.
- Industry News
- 31 May 2025
Hyundai and Kia are going to cough up more than $200 million to owners of about 9 million vehicles after a Tik-Tok trend led to a class action lawsuit.
In 2022, Tik-Tok users posted videos showing how easy it was to hotwire the vehicles in question as they lacked engine immobilisers, a crucial anti-theft device. The videos let to a spate of vehicle thefts across the US.
These devices were not included in certain 2011-2021 model year Hyundai and Kia vehicles. Thieves targeted these cars because they were easy to steal using a common USB charging cord or a similar metal object to start the engine. The spike in the theft of these models was partially attributed to a TikTok trend from the "Kia Boyz", which followed people breaking into Kia and Hyundai models only using a screwdriver and a USB cord.
$145 million of the settlement will go toward out-of-pocket losses experienced by owners, including vehicles lost or stolen, vehicles that incurred damages, loss of personal property and insurance-related expenses, said attorneys.
"The owners of these cars have experienced enough upset, and we worked to achieve a settlement that covers many types of losses — from those who were lucky enough to have never had their theft-prone car stolen, to those whose stolen cars were totalled completely owing to Hyundai and Kia's negligence," Steve Berman, managing partner at Hagens Berman, said in a statement.
Dunlop Tyres South Africa has announced the appointment of Thuli Gasa as Head of Corporate Services, serving as a full member of the Executive Committee.
The South African Reserve Bank’s decision to lower interest rates by 25 basis points – bringing rates to their lowest level in more than two years – has been cautiously welcomed by the retail motor sector.
“South Africa’s youth are talented, hungry to learn and eager to work, but they need the opportunity to gain real-world skills that translate into jobs,” says Thembinkosi Pantsi, Vice-Chairperson of the National Automobile Dealers’ Association (NADA).