Offering a quality product like the LoJack Stolen Vehicle Recovery System fits perfectly into our philosophy of delivering exceptional products and exceptional value to our customers.
LoJack Stolen Vehicle Recovery System
LoJack Corporation (NASDAQ: LOJN) is the premier worldwide provider of tracking and recovery systems. The LoJack Stolen Vehicle Recovery System provides car owners with peace of mind knowing that if their vehicle is stolen, they have the best chance of getting it back.
LoJack Has Recovered Over 10,000 Vehicles In the Last Year Alone
More than 90 percent of all stolen cars, trucks and SUVs equipped with the LoJack Stolen Vehicle Recovery System have been recovered, many within a few hours.
According to the latest Federal Bureau of Investigation (FBI) report:
There were an estimated 715,373 thefts of motor vehicles nationwide in 2011
In the U.S. one vehicle is stolen every 44 seconds
More than $4.3 billion was lost nationwide to motor vehicle thefts in 2011
22 states had year-over-year increases in vehicle theft in 2011 vs. only 12 states in 2010
The national recovery rate of stolen vehicles -- 52% -- is at 30-year low. With this drop, nearly half of the vehicles stolen in 2011 were never returned to their owners - amounting to 371,800 vehicles.
In fact, 73.9% of all motor vehicles reported stolen in 2011 were automobiles and the average dollar loss per stolen vehicle was $6,089.