- A viral TikTok challenge started in 2021 and spurred a rise in thefts of Hyundai and Kia cars.
- New York accused the two companies of enabling “this spiraling epidemic” of car thefts.
- Shares of South Korea’s largest automakers fell on Wednesday.
- Hyundai Motors slid by more than 2% while Kia Corp dropped by more than 5%.
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‘Public Nuisance’: New York Sues Hyundai, Kia, Alleging Their Cars Are Easy To Steal
