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Tuesday, April 26, 2011

Putting a Dent in Car Theft with AutoFind

Putting a Dent in Car Theft with AutoFind

AutoFindRecovering stolen cars is an important part of reducing the cost of auto theft. IBC has joined forces with a number of police services across Canada to implement the AutoFind program, which uses licence-plate scanning technology to compare the plates of cars parked on the street against a list of stolen cars. If a match is registered, the car's status as stolen is confirmed and the police begin the process of returning it to its owner.

The AutoFind program is currently operating in Laval, Toronto, Edmonton and Hamilton.

Between January 2003 and June 2009, the AutoFind program helped to recover over 8,200 vehicles with an actual cash value of $41 million. Almost 70% of the stolen vehicles recovered by AutoFind have been found within 14 days of them being reported stolen.

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