NEW YORK, Aug 29 (Reuters) - Sales and earnings at LoJack Corp. are growing strong as an increase in auto thefts boosts demand for the company's stolen-car recovery system, Barron's reported in its latest issue. More and more drivers pay $695 for LoJack to install a radio transmitter that allows local police to track down their car in the event of a theft, Barron's said. The company says its system has a 90 percent recovery rate, it added. With revenue and profit-margins on the rise, ...
Premium Content (PAID Subscription Required)
"LoJack positioned for solid growth-Barron's" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.