Elo GPS

stolen vehicle recovery

Featured image for “Elo GPS and Auto Insurance Discounts: Safeguarding Your Vehicle and Your Wallet”

Elo GPS and Auto Insurance Discounts: Safeguarding Your Vehicle and Your Wallet

November 14, 2023
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The journey to the car dealership is an eye-opener with the considerable surge in vehicle costs. Vehicle ownership costs are skyrocketing, with the average price rising over 27.8 percent higher than pre-pandemic levels. In this climate, safeguarding your automotive investment is more critical than ever. But safeguarding goes beyond regular service. It’s also about protecting your vehicle from a growing...
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Featured image for “Rapid Response: The Crucial Role of Stolen Vehicle Recovery Support Teams”

Rapid Response: The Crucial Role of Stolen Vehicle Recovery Support Teams

October 24, 2023
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Vehicle thefts are surging at an alarming rate. To put it into perspective, the NCIB reported that nearly 500,000 vehicles were stolen nationwide in the first half of 2023 alone. Certain states, such as Illinois, have seen thefts spike by as much as 38% during the same period. Dealerships, unfortunately, have borne a significant brunt of this surge. These thefts...
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Featured image for “From Manual to Modern: GPS Tracking’s Impact on Dealership Inventory Audits”

From Manual to Modern: GPS Tracking’s Impact on Dealership Inventory Audits

October 17, 2023
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Managing dealership inventory audits has always been vital, yet often overwhelming for dealerships. The core objective of these audits is for the floor plan finance companies to have a comprehensive and accurate account of all vehicles on the floor.   In many dealerships this is a manual, often grueling process: physically verifying each car, meticulously noting down VINs, bills of sale,...
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Featured image for “The Psychology of Car Thieves: Understanding Motivations and Behaviors to Improve Prevention Strategies”

The Psychology of Car Thieves: Understanding Motivations and Behaviors to Improve Prevention Strategies

August 1, 2023
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As the sun sets on your dealership lot, the sparkle of polished cars is a testament to your team’s hard work and dedication. The sense of accomplishment is real, but so is the responsibility to protect these gleaming assets from a persistent threat: car theft.   And, since understanding behavior can work to improve customer experience, it can also aid in...
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Featured image for “Kia and Hyundai Settle, but What Does This Mean for Car Owners?”

Kia and Hyundai Settle, but What Does This Mean for Car Owners?

June 6, 2023
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The Kia TikTok Challenge is a story that has rapidly taken root and quickly blossomed into automotive folklore that Kia and Hyundai can no longer ignore.   As a result, they’ve reached a proposed $200 million settlement to end a class-action lawsuit brought by car owners whose vehicles are easy to steal because they lack anti-theft software. According to Reuters, $145...
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Featured image for “Top 5 States for Car Theft in 2023: The Numbers You Need to Know”

Top 5 States for Car Theft in 2023: The Numbers You Need to Know

May 23, 2023
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Car theft remains a significant concern for vehicle owners across the United States. Reports show thieves were responsible for over $8.9 billion in losses and over 1 million stolen cars last year. And once the numbers are totaled for 2023, the rise in car thefts is expected to increase dramatically.   With varying rates of thefts in different states, it’s crucial...
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Featured image for “The Rise in Car Dealership Thefts and How to Protect Your Vehicle Inventory”

The Rise in Car Dealership Thefts and How to Protect Your Vehicle Inventory

February 7, 2023
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More 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...
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Featured image for “How to Prevent Winter Vehicle Warm-Up Thefts”

How to Prevent Winter Vehicle Warm-Up Thefts

January 3, 2023
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Do you remember the days when leaving your car running unattended on the street to warm up was considered a normal practice? Well, times have changed and so has the level of sophistication thieves use to target our vehicles. Over recent years, an increasing number of Americans in all states across the country are experiencing ‘warm-up’ thefts – when their...
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Featured image for “Thats a Wrap: A look back at 2022 in the Auto Industry”

Thats a Wrap: A look back at 2022 in the Auto Industry

December 27, 2022
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As we move into the new year, it’s time to look back at a few changes and challenges in the automotive industry that happened in 2022. This was a big year for new vehicles, autonomous driving, and electric vehicles. So, here’s a quick recap of some of the most important events and trends from the past year. 2022 was a...
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