The Recession and the Holiday Season Create the Perfect Storm for Car Thieves

WESTWOOD, Mass. , Dec. 4 /PRNewswire-FirstCall/ -- Two forces -- the recession and the holidays -- are coming together to make the next several weeks the perfect storm for auto theft. Crimes such as auto theft historically rise during recessionary times -- that was the case during the 1981-1982 and 1990-1991 recessions -- while the holidays provide an added incentive for theft. Although data has yet to be compiled for the 2008 holiday season, consumers should be aware that their vehicles -- and the holiday purchases inside their vehicles -- could be at risk. As such, consumers need to take extra precautionary measures over the next several weeks, advises LoJack Corporation (Nasdaq: LOJN).

Theft prevention expert Patrick Clancy , Vice President of Law Enforcement for LoJack Corporation and a former police sergeant, offers the following advice: "Today's clever thieves are particularly vigilant for thefts of opportunity especially around the holidays. One common sense tip for consumers is never to leave your packages in plain view inside a parked car. Thieves know just how and when to strike and that is when your vehicle is most vulnerable."

A thief is less inclined to steal your car if it has visible and audible warning devices like an alarm system and/or a vehicle immobilizer like a fuel cut-off device. However, since professional thieves can typically disarm most theft prevention devices, recovery systems provide the peace of mind that you'll get your car back -- often quickly -- in the event that it is stolen.

About LoJack Corporation

LoJack Corporation, the company that invented the stolen vehicle recovery market, leverages its superior technology, direct connection with law enforcement and proven processes to be the global leader in tracking and recovering valuable mobile assets. The company's Stolen Vehicle Recovery System delivers a 90 percent success rate in tracking and recovering stolen cars and trucks and has helped recover more than $4 billion worldwide in stolen LoJack-equipped assets. The system is uniquely integrated into law enforcement agencies in the United States that use LoJack's in-vehicle tracking equipment to recover stolen assets, including cars, trucks, commercial vehicles, construction equipment and motorcycles. Today, LoJack operates in 26 states and the District of Columbia , and in more than 30 countries throughout Europe , Africa , North America , South America and Asia .

SOURCE LoJack Corporation



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