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Take a deep dive into the state of the industry as we discuss the latest in catalytic converter theft around the country and how it could affect your fleet.
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The December issue of "Automotive Fleet" magazine was packed with insightful comments from fleet professionals about a slew of contemporary issues facing fleets today.
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Theft claim frequency for 2004-09 Toyota Prius models was a staggering 40 times higher in 2020 than in 2016.
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State Farm recently paid out a whopping $33.7 million in claims for catalytic converter thefts, which have soared across the country since the start of the pandemic.
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Learn why there's an uptick in catalytic converter thefts, what thieves are really after, and how and when they strike in this episode of the State of the Fleet Industry.
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The pandemic coincides with a rise in prices of the special metals used to make the converters.
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Cities across the country have reported triple, even quadruple the number of converter thefts in 2020 compared to 2019. Fortunately, there are a variety of measures you can do to prevent this from happening to your fleet.
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Police have seen a spike in thefts of catalytic converters from vehicles in recent years, especially in California, according to a new video report based on data from the National Insurance Crime Bureau (NICB).
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Protecting vehicle assets from vandalism and theft is a growing problem for many fleets.Industrywide, these thefts run the gamut from catalytic converters, tailgates, and spare tires, all the way to the vehicle itself. As fuel prices increase, fuel theft becomes more common, especially fuel siphoning. Trucks parked overnight are found the next day with holes in the fuel tanks to steal the drained fuel. Here's what companies need to do to secure unattended vehicles.
Read More →SACRAMENTO, CA - The California Air Resources Board recently reached a $2 million settlement with Pennsylvania-based Eastern Manufacturing Inc., which was accused of illegally selling uncertified catalytic converters to California businesses and consumers.
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