Car Thefts Are Down, Data Shows, But One Component Remains A Hot Item

Article excerpt

Car thefts hit a multi-decade low last year, according to new data, yet thieves continue targeting one specific component with relentless focus: catalytic converters. These emissions-system parts contain precious metals like platinum, palladium, and rhodium that fetch high prices on the black market. While overall vehicle theft has declined, catalytic converter theft remains a persistent problem that catches owners off guard, often causing thousands of dollars in damage for a part that takes minutes to remove. The disconnect reveals how broader crime trends can mask stubborn pockets of theft that continue to plague car owners.