EPISODE · Jul 15, 2024 · 30 MIN
Navigating the wild world of vehicle theft
from Auto Remarketing Podcast · host Cherokee Media Group
According to the Insurance Bureau of Canada, the cost of insurance claims for replacing stolen vehicles in Canada soared to a record-breaking $1.5 billion in 2023, the second consecutive year auto theft claims costs have surpassed $1 billion. And the National Insurance Crime Bureau (NICB) and the National Highway Traffic Safety Administration (NHTSA) said more than 1 million vehicles in the U.S. have been stolen annually during each of the past two years. It’s statistics like those that prompted CARFAX Canada president Shawn Vording to give a keynote presentation at this year’s Canada’s Used Car Week in Toronto. Vording’s presentation titled, “Hot Wheels and Cold Sweats: Navigating the Wild World of Vehicle Theft,” is included in this episode of the Auto Remarketing Podcast.
What this episode covers
According to the Insurance Bureau of Canada, the cost of insurance claims for replacing stolen vehicles in Canada soared to a record-breaking $1.5 billion in 2023, the second consecutive year auto theft claims costs have surpassed $1 billion. And the National Insurance Crime Bureau (NICB) and the National Highway Traffic Safety Administration (NHTSA) said more than 1 million vehicles in the U.S. have been stolen annually during each of the past two years. It’s statistics like those that prompted CARFAX Canada president Shawn Vording to give a keynote presentation at this year’s Canada’s Used Car Week in Toronto. Vording’s presentation titled, “Hot Wheels and Cold Sweats: Navigating the Wild World of Vehicle Theft,” is included in this episode of the Auto Remarketing Podcast.
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Navigating the wild world of vehicle theft
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