TMCnet News
LoJack Releases Sixth Annual Vehicle Theft Recovery ReportCANTON, Mass., May 21, 2015 /PRNewswire/ -- LoJack Corporation (NASDAQ: LOJN) announced today that law enforcement officials recovered more than $83.5 million in stolen vehicles equipped with the LoJack® Stolen Vehicle Recovery System in 2014.* Released today, LoJack's sixth annual Vehicle Theft Recovery Report**, infographic (click to download) and slideshow (click to download) reviews auto theft trends over the past year based on vehicles equipped with the LoJack® Stolen Vehicle Recovery System. Highlights detailed in the LoJack's sixth annual Vehicle Theft Recovery Report include:
The following were the top 10 most stolen and recovered LoJack system-equipped vehicle models in 2014:
"Auto theft techniques have changed in recent years, with thieves becoming more sophisticated and targeted in their approach, and in fact according to the FBI***, billions of dollars were lost as a result of auto theft in 2013," said Pat Clancy, Vice President of Law Enforcement for LoJack Corporation. "The good news is that as thieves get smarter, so do the good guys. In 2014, law enforcement officials across the country recovered more than 90 percent of all cars, trucks and SUVs equipped with the LoJack System. That includes the recovery of more than $83.5 million in stolen vehicles, once again proving that the LoJack System is an effective tool in combating vehicle theft.">
For more information and details about key recoveries, including those mentioned in the 2014 LoJack Vehicle Theft Recovery Report (click to download), please visit the LoJack Auto Theft Blog. About the Report About LoJack Corporation For more information, visit www.lojack.com, www.autotheftblog.com, www.youtube.com/lojack, www.twitter.com/LoJackCorp or www.Facebook.com/LoJackCorp. *All recovery data is derived from both 2014 LoJack Recovery Data taken from internal sources. Used car values are best estimates derived from NADA Guide web services values and clean retail value from NADAGuides.com for the make, model and year of the vehicle in the month that it was recovered. **The 2014 LoJack Vehicle Theft Recovery Report is gathered from data provided by 28 states via Nlets as well as California law enforcement, and is specific to stolen cars, trucks and SUVs equipped with a LoJack® Stolen Vehicle Recovery System that were recovered from January to December 2014. ***FBI data is from Uniform Crime Report, 2013 MEDIA CONTACT: Melissa Latham ©2015 LoJack Corporation. All rights reserved. LoJack and the LoJack logo are trademarks or registered trademarks of LoJack Corporation in the United States and other countries.
Photo - http://photos.prnewswire.com/prnh/20150521/217911-INFO To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lojack-releases-sixth-annual-vehicle-theft-recovery-report-300087468.html SOURCE LoJack Corporation |