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Cargo theft has emerged as a million-dollar problem plaguing the automotive supply chain. From factory floors to dealership lots, sophisticated criminals are targeting everything from vehicle components to finished luxury cars, with theft values skyrocketing from $4.6 million in 2012 to $35 million in 2023. These costs inevitably filter down to consumers through higher prices and insurance premiums.
By TechMobility Productions Inc.Cargo theft has emerged as a million-dollar problem plaguing the automotive supply chain. From factory floors to dealership lots, sophisticated criminals are targeting everything from vehicle components to finished luxury cars, with theft values skyrocketing from $4.6 million in 2012 to $35 million in 2023. These costs inevitably filter down to consumers through higher prices and insurance premiums.