Guidepoint Systems Blog Guidepoint Systems Teams with Police to Recover Stolen Porsche in Record Time!

Thanks to advanced vehicle tracking technology from Guidepoint Systems, a global leader in vehicle telematics solutions, the theft of a Porsche reported to York Regional Police (Ontario, Canada) was recovered in record time.Guidepoint's Vehicle Recovery Call Center worked with police to track the stolen vehicle. As the chase reached high speeds, line of sight pursuit became difficult and dangerous, so the decision was made to launch helicopter air support. Peel Regional Police joined the pursuit and apprehended the suspects and recovered the vehicle in under three hours.Vehicle theft rates have been skyrocketing in North America. In 2023, Canada experienced about 286 vehicle thefts per 100,000 people (up 264% between 2018 and 2023), while in 2024, the U.S. has experienced approximately 305 vehicle thefts per 100,000 people. This equates to a vehicle being stolen every 4-1/2 minutes in Canada, resulting in annual insurance losses of over $1.5B. In the U.S., a vehicle is stolen every 40 seconds, resulting in consumer losses of over $8B annually.###About Guidepoint SystemsGuidepoint Systems is a leading supplier of vehicle telematics solutions to automotive original equipment manufacturers (OEMs), dealerships, commercial fleet managers, rental car companies and individual vehicle owners. In addition to its innovative hardware and software as a service (SaaS) solutions, Guidepoint operates multilingual call centers 24/7/365,with a strong presence in the U.S., Canada, Mexico, Latin America and Europe, to provide services directly to vehicle owners, dealerships and fleet managers. To learn more about our services, contact the company by calling (877) 477-3463 or visiting Guidepointsystems.com.