Hyundai, Kia To Pay $200 Mln To Settle Car Theft Suit

South Korean automakers Hyundai Motor and Kia Corp. have agreed to pay about $200 million to settle a class-action lawsuit over their vehicles' vulnerability to theft due to a design flaw in vehicles manufactured without an engine immobilizer, an anti-theft mechanism. The settlement agreement is expected to benefit owners of about nine million vehicles.

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