Claim Multimillions for Defective GM, KIA, Hyundai, BMW, and Ford Parts

Jacob Greene
Published Feb 8, 2024


General Motors, Ford, Kia, BMW, and Hyundai settlements are open for new claims of defective engines and parts until April or June 2021. If you purchased or leased a 2011 to 2019 Kia Optima, Sorento, or Sportage or a Hyundai 2011 to 2019 Sonata, Santa Fe Sport, or Tucson, you may be entitled to sufficient compensation to replace your car or your engine. BMW is compensating owners for faulty timing and oil pump systems that caused their engines to shut off or destroyed their engines entirely.
 

Kia Engines


The $760 million Kia engine settlement compensates Kia owners for defective engines that caught fire. Owners are entitled to reimbursement for repairs and expenses necessary due to the engine defact. You have until April 12, 2021 to file a claim for compensation. If your 2011 to 2019 2.0 or 2.4-liter Theta II engine in your Kia Optima, Sorento, or Sportage caught fire or had to be replaced, you may be entitled to:

• Reimbursement for repair to your engine and related expenses
• Free repair or replacement of your damaged engine
• Money for major repairs not covered by warranty
• Reimbursement for the replacement value of your defective vehicle
 

Hyundai Engines


You can receive compensation from the Hyundai Theta Engine Class Action Settlement by submitting a claim form online until April 12, 2021 if your Hyundai 2013 to 2019 Santa Fe Sport or 2014 to 2015 or 2018 to 2019 Tucson had a defective engine or one that had to be replaced while the car was almost new. Pennsylvania, Washington, and Idaho lawyers won the Hyundai Theta II engine settlement. You, a Hyundai owner, may be able to get:

• an extended warranty
• Reimbursement for engine repairs done in the past
• Reimbursement for a rental car and towing
• Compensation for inconvenience or repair delays
• Compensation for your traded or sold class vehicle
• Compensation for a replacement vehicle if your engine caught fire

The "Class Vehicles" are the 2011-2019 model year Hyundai Sonata, the 2013-2019 model year Hyundai Santa Fe Sport, and 2014-2015 and 2018-2019 model year Hyundai Tucson equipped with 2.0 liter and 2.4 liter genuine Theta II gasoline direct injection engines within original equipment manufacturer specifications.
 

General Motors Ignition Switch Settlement


In 2014, General Motors ignition systems were recalled due to a defect that effected the key rotation switch, the power steering, and the airbag wiring. In the United States District Court of the Southern District of New York, General Motors settled the lawsuit instead of filing more costly civil litigation. You have until March 18, 2021 to claim your money if you owned a GM vehicle that was recalled in 2014.
 

Bayerische Motoren Werke (BMW) Timing Chain or Oil Pump


Bayerische Motoren Werke Aktiengesellschaft and BMW of North America, LLC settled on defective timing belts or oil pumps that caused the engine to shut off or destroyed the engine completely. You have until March 18, 2021 to file a claim by submitting proof of ownership or prior ownership of an applicable vehicle. You can claim the expense of replacing the defective timing or oil pump module or the cost of replacing the engine if you can prove that the engine was damaged by the defective parts depending on where and how the repairs were done, at the dealership or in a third-party garage.
 

American Honda Motor Company Defective Transmissions


The Los Angeles California Superior Court ruled that you're entitled to the cost of your replaced transmission module or a new transmission module if you own or owned a 2003 or 2004 Honda Accord, a 2002 to 2004 Honda Odyssey, a 2003 or 2004 Honda Pilot, a 2001 or 2002 Acura, or a 2003 Acura 3.2 TL or CL Type S with specific vehicle identification numbers. You will be reimbursed in full for your replaced transmission if you have documentation that shows the date, time, and location of the repairs.

Multimillion dollar class action lawsuits for defective automotive parts took years to settle, but they definitely are unclaimed assets until you get your compensation. Class action payments belong to all members of the class who suffered the defective Kia or Hyundai engine or the Honda defective transmission. Help the lawyers who worked hard to put the cost of your BMW engine into your savings account or apply it to your new car loan. Unclaimed funds are returned to the manufacturer.

Related Articles

Billions of Assets Go Unclaimed Each Year!...

If you have ever moved, changed jobs, filed a tax return, or had a relative pass away; there's a good chance you have unclaimed assets. Unclaimed money consists of billions of dollars that have been abandoned at financia...

How to Get Your Forgotten or Lost Money without Breaking the Bank...

Everyone knows that feeling of frantically searching for something you know you had just a second ago. You look in all the usual places, but you give up, resigned to the fact that you'll never see...

Everything You Need to Know about Finding Unclaimed Funds...

There is a good chance that you have money waiting for you, and you don't even know it exists. The money is called unclaimed funds, and it's sitting there waiting for you to claim. However, finding...

Discover Your Hidden Treasure: Reclaiming Lost Funds in Alaska...

Alaska’s Unclaimed Property Law requires financial institutions, insurance companies, corporations, businesses, and certain other entities to report and submit their customers’ property to the...

Unclaimed Property May be the Ultimate in Unclaimed Funds...

More and more people are exploring the world of unclaimed funds, hoping that a quick search online will lead them to some money in their name somewhere. What many of these folks don't realize is unclaimed fund...

Unclaimed Funds: Secrets to Track Down Missing Bank Accounts & Investments...

You may be owed money from inactive bank accounts, forgotten investments, and other sources. Unfortunately, you aren't always aware of these funds owed to you until it's too late. Thi...