Vehicle rates have risen since 2019, so it’s natural for you to be a bit worried about the security of your vehicle. Maybe you know someone who’s had their car stolen, or maybe you’ve even had it stolen yourself. If you’re concerned about motor vehicle theft, you should take some time to read this article and go over the data.

In August of this year, the FBI released its Motor Vehicle Theft Report providing data from 2019-2023. You can access this data on their crime data explorer. This report details data related to motor vehicle thefts and carjacking trends.

Motor Vehicle Theft Statistics

 The nationwide rate of motor vehicle theft increased from 199.4 incidents per 100,000 people to 283.5 incidents. However, rates in the midwest and west declined between 2022 and 2023, down 4.8 and 7.3, respectively. The FBI also reported a slight decline in carjackings, 7.5-6.6 from 2022 to 2023.

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In the face of an increasingly expensive world, businesses need to do everything they can to support the bottom line. Companies that rely on fleets for their business are no exception. In fact, if you’re a fleet manager you know how difficult it’s become to manage costs in recent years.

To keep costs down and increase productivity, fleet managers turn towards quality GPS tracking devices.

GPS trackers can tackle a number of costs including:

  • Maintenance and repairs
  • Fuel costs
  • Tires
  • Accident costs
  • And more

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Equipment weight is a significant factor in the trucking industry that has a direct effect on costs due to both fuel consumption and compliance with weight regulations. While some circumstances, like long haul trucking, may benefit from heavy, densely packed loads. In other instances, there are great benefits to lightweight fleets.

By reducing equipment weight and switching to lighter trucks and vans, you can avoid overweight containers and make more direct deliveries for clients, avoiding trans-loading, multiple touch points, and late deliveries.

If you’re a lightweight fleet manager looking to reduce costs and optimize your business, you can’t do better than outfitting your fleet with GPS tracking devices. Quality GPS devices are affordable and give you the information you need to target weak points and cut costs.

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About Live View GPS

We specialize in real time GPS tracking systems. GPS tracking, GPS monitoring and management for vehicles, assets, equipment, property and persons. Whether your needs are consumer or commercial based, personal or business related we have a cost effective GPS tracking solution for you. Locate in real-time and on demand vehicles, people and property from any web based computer. View these locations on our systems integrated maps. Our GPS devices are the real deal, they are tested and proven, they work.