Auto theft and the targeting of certain high-value assets are not new problems facing the dealership space. However, recent events are responsible for some of the growing issues driving auto theft.
Automotive manufacturing facilities were forced to either shutdown or greatly reduce their output in 2020.With demand on the rise and inventory at a standstill, dealerships have been enjoying record profits with reduced costs and steady margins. That said, the inventory they do have, along with certain vehicle parts, are becoming more of a target for potential criminal activity.
The following are four trends that continue or are increasing across the many theft events we see each night:
- Catalytic converter thefts
- Key fob mirroring
- Parts theft, including batteries, steering wheels and tailgates
- Key mirroring
This white paper will delve deeper into these four trends that have been playing a role in a surge in crime, their impact on the industry, and six ways dealerships can help reduce their risk of theft. These include creating a key management process, conducting training on pickpocketing, getting real-time updates on inventory using smart technology and adding the one security solution that can help deter crime, prevent damage and mitigate fraudulent claims.
Ready to learn more? Fill out this form to get your free copy of “Four Auto Dealership Theft Trends and Their Side Effects.”