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WHAT are catalytic converters?
Catalytic converters are part of the vehicle's exhaust system. They help clean emissions to defend against air pollution using chemical reactions to metal, and are attached to the vehicle's undercarriage.
WHY is cat converter theft increasing?
Catalytic converters are prone to theft because they contain valuable, precious metals like rhodium and palladium. The price per ounce of these metals skyrocketed in 2020, making them a quick 'n easy target for criminals to steal and scrap for cash.
WHO's at risk for converter theft?
Larger vehicles (Tractors & Box Vans) are more appealing to thieves because they sit higher off the ground + their larger converter size. Trucking yards, auto salvage lots, metal recycling, and fleet lots are at greater risk of catalytic converter theft.
If you're a Penske Fleet Operator you are likely already aware of the spike in catalytic converter theft, and it doesn't appear to be slowing down. AMAROK - The Ultimate Perimeter Solution and theft-deterring Electric Guard Dog Fence™ system can help you protect your business, assets, employees, and reputation.
See how we're protecting other businesses like Penske by preventing crime before it happens.
If you're a Penske Fleet Operator with vehicles on your property, then you’ll want to pay attention, now—or you’ll pay a lot more, later.
Download our helpful guide for more shocking stats about catalytic converter theft + tips on how to protect your assets & bottom line.