Canton, MA – May 15, 2014 – LoJack Corporation (NASDAQ: LOJN) announced today that law enforcement officials recovered more than $121 million in stolen vehicles equipped with the LoJack® Stolen Vehicle Recovery System in 2013. Released May 15th, LoJack’s fifth annual Vehicle Theft Recovery Report and infographic reviews auto theft trends over the past year specific to vehicles equipped with the LoJack® Stolen Vehicle Recovery System.
For the fifth year in a row, the Honda Accord was ranked as the most stolen and recovered vehicle equipped with a LoJack system. California continues to top the list as the state with the most LoJack system-equipped stolen and recovered vehicles. In 2013, the oldest LoJack system-equipped stolen vehicle recovered was a 1963 Cadillac Convertible, while the most expensive LoJack system-equipped stolen vehicle recovered was a 2011 Porsche Panamera worth $103,400. The following were the top 10 most stolen and recovered LoJack system-equipped vehicle models in 2013:
|1. Honda Accord|
2. Honda Civic
3. Toyota Camry
4. Toyota Corolla
5. Chevy Silverado
|6. Acura Integra|
7. Cadillac Escalade
8. Ford F350
9. Nissan Altima
10. Chevy Tahoe
“Today’s thieves are highly skilled professionals, and LoJack’s data reveals that stolen cars, trucks and SUVs equipped with the LoJack system were recovered 90+ percent of the time in 2013,” said Patrick Clancy, the Vice President of Law Enforcement for LoJack Corporation. “The latest statistics from the FBI indicate that nearly half of vehicles stolen are not returned to the rightful owners, resulting in millions of dollars in assets lost by vehicle owners. The LoJack system has proven to be a highly effective tool to combat vehicle theft.”
Additional noteworthy findings of the 2013 LoJack Vehicle Theft Recovery Report include:
Top 10 States with the Highest Thefts and Recoveries in 2013:
4. New York
5. New Jersey
Most Stolen and Recovered New 2013 Models:
1. Honda Accord
2. Toyota Corolla
3. Ford F250
4. Honda Civic
5. Toyota Tacoma and Ford F150
· First Recovery of the Year: 2009 Toyota Camry on January 1st at 2:57 a.m.
· Last Recovery of the Year: 2009 Acura TSX on December 31st at 10:31 p.m.
· A 70% increase in Toyota Prius recoveries in 2013 versus 2012
· Most Common Color Stolen and Recovered: Black
· Least Common Color Stolen and Recovered: Turquois*
For more information and details about key recoveries, including those mentioned in the 2013 LoJack Vehicle Theft Recovery Report, please visit the LoJack Auto Theft Blog.
About the Report
The 2013 LoJack Vehicle Theft Recovery Report is gathered from data provided by 27 states via Nlets as well as California law enforcement, and is specific to stolen cars, trucks and SUVs equipped with the LoJack® Stolen Vehicle Recovery System that were recovered between January and December 2013.
About LoJack Corporation
LoJack Corporation, the company that invented the stolen vehicle recovery market more than 25 years ago, is the global leader in finding and recovering a wide range of mobile assets including cars, construction equipment and motorcycles-having recovered nearly $4 billion USD in stolen assets worldwide. In today’s rapidly changing world, LoJack’s core competencies are more valuable and more relevant than ever as they are now being applied into new areas, such as the prevention, detection and recovery of stolen cargo and finding and rescuing people with cognitive conditions such as autism and Alzheimer’s.
*All data is derived from both 2013 LoJack Recovery Data taken from internal sources and NADA (National Automotive Dealers Association) guide to new and used car values