The Rise in Car Dealership Thefts and How to Protect Your Vehicle InventoryFebruary 7, 2023 / BlogMore and more car dealerships are becoming targets for thieves looking to score big hauls of vehicles. Dealership theft cases have been on the rise in recent years, with an estimated $300 million worth of vehicles stolen from dealerships in the United States each year. Currently, a theft occurs every 40.9 seconds. While there are no surefire ways to protect...Read Moredealership technology (2)dealership (21)dealer theft (8)stolen vehicle recovery (36)
2021 Car Theft Statistics By State: The Worst States For Car TheftNovember 23, 2021 / BlogData from the last year has been released by the National Crime Insurance Bureau (NCIB) and organized by Statista to provide U.S. residents with new insight into car theft statistics by state. From what October’s data concludes, car owners nationally experienced volatile spikes in car theft reportings, making vehicle theft the single most common form of property crime. State-wide and...Read Moretheft prevention (22)vehicle theft (27)gps tracking (18)dealer theft (8)stolen vehicle recovery (36)
Drivers Are at Serious Risk of Vehicle Theft as Car Prices SurgeAugust 10, 2021 / BlogThough vehicle theft has been on the decline since 2017, 2020 experienced a sudden jolt. According to the National Insurance Crime Bureau (NICB), an estimated 873,080 vehicles were reported stolen in 2020. This is an unanticipated increase from the 721,885 vehicles counted in 2019. While this is most likely attributable to the economic turbulence experienced by many in 2020, it...Read Morevehicle theft (27)connected car (27)dealer theft (8)stolen vehicle recovery (36)
IoT-Based Technology for Stolen Vehicle RecoveryJune 14, 2021 / BlogCar theft remains a huge problem for auto dealerships across the United States. In 2020, 873,080 vehicle thefts were reported to authorities, an almost 10 percent increase from the year before. Thieves regularly exploit vulnerabilities in keyless entry systems using sophisticated technology and can drive automobiles away in a matter of minutes. However, the emergence of the Internet of Things...Read Moreelogps (24)geofencing (6)gps tracking (18)internet of things (6)dealer theft (8)stolen vehicle recovery (36)auto dealer (35)
How Elo GPS Can Help Turn Car Dealership Challenges into OpportunitiesJune 7, 2021 / BlogCar dealerships across the country face a myriad of challenges. From lot maintenance to inventory management, there are a ton of tasks that owners and managers are responsible for on a daily basis. Investing in proper technology to streamline processes is the most effective and efficient way to tackle car dealership challenges while remaining focused on growth and profitability. In...Read Moreelogps (24)dealer theft (8)dealer service (13)stolen vehicle recovery (36)customer retention (23)auto dealer (35)
How A Vehicle Recovery Device Can Help the State of Car TheftMarch 22, 2021 / BlogCar theft is a significant issue reported by the FBI annually. Even though auto theft had reduced by 43 percent between the years of 1991 and 2019, auto theft cases reported in 2020 have risen, according to the Insurance Information Institute. In 2020, cases of auto theft in the US were up by 9.2 percent, from 721,885 to 873,080 vehicles....Read Moredealer theft (8)inventory management (22)auto dealer (35)
Dealer Theft is on the Rise, Auto Dealer Inventory Management Software is Your SolutionDecember 29, 2020 / BlogAccording to the Federal Bureau of Investigation (FBI), car theft in the United States has been rising at a rate of 4 percent over the past decade. In 2019 alone, over 720,000 vehicles were stolen, and it’s reported that only about 40 percent of the cars stolen from dealerships are ever found and returned. As vehicle technology advances, so are...Read Moredealer theft (8)stolen vehicle recovery (36)inventory management (22)auto dealer (35)
How to Recover Missing or Stolen Inventory Using Car Lot GPSDecember 29, 2020 / BlogA car is stolen roughly every 30 seconds in the United States, according to a Traveller’s Insurance report. Whether someone is after your car or the goods inside it, theft is an unfortunate reality of our daily lives. If you happen to be on the receiving end of this misfortune, there’s one of two things you can do: locate the...Read Moredealer theft (8)stolen vehicle recovery (36)inventory management (22)auto dealer (35)