#82 Solving the car theft epidemic, 1,000,000+ stolen last year, How theft is impacting auto insurance, Brands not at risk of vehicle theft? | Melissa High, Vice President of LoJack

May 9, 2024

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Welcome to the Car Dealership Guy Podcast. In this episode, I'm speaking with Melissa High, VP of LoJack where we discuss solving the car theft epidemic, over 1,000,000 vehicles stolen last year, why auto insurance premiums are ripping, brands not at risk of vehicle theft, and much more:

This episode of the Car Dealership Guy Podcast is brought to you by:

Stream Companies - Full-service, fully integrated, tech-enabled ad agency doing the ordinary extraordinarily well. Learn more @ https://www.streamcompanies.com/

Auto Hauler Exchange - The Auto Hauler Exchange has revolutionized the way vehicle haulers and vehicle shippers collaborate. The Exchange is the first digital marketplace of its kind in the vehicle logistics industry. Learn more @ https://www.autohaulerexchange.com/

LoJack - Nationwide stolen vehicle recovery and connected car solutions for dealers and consumers. Learn more @ https://www.lojack.com/

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Topics:

(00:00:00) - Intro

(00:02:29) - Vehicle theft in the US

(00:06:52) - Do you see asset protection as a booming industry?

(00:09:53) - Melissa’s background and career

(00:12:31) - What are you focused on today when thinking about challenges in the industry?

(00:15:39) - What brands are the most susceptible to theft?

(00:16:53) - Is any brand impossible to steal?

(00:17:56) - What impact is theft having on insurance?

(00:20:27) - What are the biggest pain points for dealers?

(00:21:36) - What are the economics of your products for dealers?

(00:23:57) - How are you competing with Air Tag?

(00:26:59) - Vehicle theft and recovery stories

(00:31:16) - What trends are you seeing from manufacturers for vehicle security?

(00:33:20) - What do you predict for vehicle theft over the next 5 years?

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