
L.I.F.E. Festival celebrating LDV birthday
LDV hosted a L.I.F.E (Live Integrated Family Experience) festival at the Benoni Northerns sports grounds that saw nearly 4 000 guests in attendance.
- Industry News
- 7 July 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.
LDV hosted a L.I.F.E (Live Integrated Family Experience) festival at the Benoni Northerns sports grounds that saw nearly 4 000 guests in attendance.
Renault Group says it will change the way it accounts for its stake in its alliance partner for 20 years, Nissan, after earlier reports that the French automaker’s share price could take a hit.
It is believed that Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds as the troubled Japanese automaker scrambles to boost cash.