Autos

With car prices surging, yours is a prime target for thieves

0


RubberBall Productions | Brand X Pictures | Getty Images

You can blame the Covid pandemic for yet another thing: a surge in auto thefts.

Vehicle thefts in the United States jumped 9% last year from a year earlier to 873,000, the highest number in more than a decade, according to statistics from the National Insurance Crime Bureau provided to CNBC’s “American Greed.”

The pandemic created a “perfect storm” of conditions for auto thefts to increase, said NICB President and CEO David Glawe.

“We have a lot of disenfranchised youth that are unemployed, and outreach programs are shut down or limited due to Covid,” he said. “There is frustration and anger in society. We are also seeing public safety…



Source cnbc.com

Siemens Gamesa to supply ‘typhoon-proof turbines’ for wind project

Previous article

Goldman Sachs ramps up trading in partnership with Mike Novogratz’ Galaxy Digital

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Autos