The Chevrolet Camaro ZL1 is at the top of the list of America’s most-stolen vehicles, while a software upgrade helped reduce theft rates for Hyundai and Kia vehicles, according to new research from the Highway Loss Data Institute. Relative to its numbers on the roads, the Camaro ZL1 had a whole-vehicle theft rate 39 times the average for all vehicles. The frequency of whole-vehicle theft claims for the standard Camaro was 13 times higher than the average. Along with the two Camaro variants, pickup trucks and other expensive or high-horsepower models dominate the list of the top 20 vehicles with the highest claim frequencies for whole-vehicle theft.*
“Muscle cars have often topped this list, as thieves are attracted to vehicles with high horsepower,” said Matt Moore, chief insurance operations officer at HLDI and the Insurance Institute for Highway Safety. “That also helps explain why the more expensive, more powerful ZL1 is stolen so much more often than the standard Camaro.” Continue reading
Pep Boys to Run Auto Service Centers on U.S. Navy Bases
The Pep Boys said today that it has a contract with the Navy Exchange Service Command (NEXCOM). Under the contract, Pep Boys plans to operate 14 of NEXCOM’s automotive service centers located on U.S. Navy bases across the country. This transition, which will be implemented on a rolling basis, will provide service to military personnel and their families. The converted locations* will be rebranded under the Pep Boys name, continuing a legacy that dates back to the company’s founding by Navy veterans Manny, Moe & Jack.**
“We are honored to work with NEXCOM*** to bring Pep Boys’ best-in-class automotive & tire services to Navy personnel and their families,” said Joe Auriemma, CEO of Pep Boys. “Our company was founded by three Navy veterans, and we take immense pride in continuing that tradition by serving the military community with the same dedication and excellence that has defined us for more than 100 years.” Continue reading →