stolen vehicle recovery

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...

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...

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,...

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...

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...

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...

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...

Dodge muscle cars have become an increasingly popular target for car thieves due to their high value and the ease of creating cloned key fobs. In recent years, reports of stolen Dodge Muscle cars have been rising in cities and towns across America, resulting in millions of dollars worth of losses per year.  The process used by criminals to steal...

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...

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...