Images: KSTP
This past February, Hyundai and Kia released a software update aimed at fixing a security flaw that's allowed people across the country (who learned about the flaw on TikTok) to steal the two brands’ vehicles.
But despite the new update being announced, thieves across the US have still made off with Hyundais and Kias from model years 2011 through 2022 at a record-setting pace, per a new AP report based on data from eight major metro areas.
A few highlights:
📸 Big picture: If we were being interviewed on local TV rn, our advice would be “hi plz we r begging you – download the update!!” As of this week, just 5% of the 8.3 million total US vehicles with the security flaw had been patched. Both companies are currently running campaigns to reach affected customers via direct mail, phone calls, digital advertising, and social media.
🏦📈 Yesterday, the Fed’s policy-making committee voted to raise interest rates by 0.25%. And if it feels like you’ve read that sentence before… it’s because you probably have.
🚗⚡️ GM said yesterday it plans to halt production of all Chevy Bolt models by the end of this year. And while not completely unexpected, the announcement marks the end of the road (heh) for America’s very first relatively affordable mass-market EV.
🪙⚖️ How Taylor Swift avoided becoming one of nearly a dozen celebrities named in a $5 billion class-action suit accusing them of peddling a “Ponzi scheme” when they advertised for FTX →
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