Every 20 seconds a car is stolen in the U.S. Vehicle theft costs U.S. consumers about $8 billion annually.
There were approximately 1.5 million auto thefts in the U.S. in 1997—equating to about one theft for every 108 autos registered.
In 1997, autos accounted for 77 percent of all vehicles reported stolen; 18 percent were trucks or buses; the remainder were other types;
That same year U.S. drivers spent more than $800 million on automotive electronic security equipment. The market for anti-theft devices is expected to increase to $1 billion by the year 2000.
About 30 percent of vehicle theft protection devices were purchased with new autos; 70 percent were purchased in the aftermarket.