Nearly 700,000 vehicles are stolen every year in the US, with 4 out of 10 of these car thefts occurring at auto dealerships. Theft and vandalism are major financial liabilities for auto dealerships across the country.
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Challenges Facing the Car Dealership Industry
Car thieves have become more brazen and aggressive in their attempts to profit from auto dealerships, whether stealing whole cars or stripping them of valuable parts. In either case, this renders the affected cars not-sellable in their current condition, requiring time and money for repairs which directly impacts the profitability of auto dealerships.
Video surveillance and video management systems (VMS) are all reactive solutions that can be effective for forensic investigations but are not proactive in preventing theft and vandalism from occurring. Security guards can provide some level of effectiveness but can only be in one place at a time, may not be able to physically observe everything in their immediate environment due to various conditions, and are subject to distractions from normal daily activities such as going to the restroom or eating.