Car theft sets new “record”

The Association of Mexican Insurance Companies (AMIS) informed that 2017 closed with the highest number of insured vehicles stolen – 90, 187 units – 27.2% more than the previous year.

The executive director of the organization, Recaredo Arias claimed “all [vehicle] theft records” were broken in 2017, as the number of stolen units is the highest ever registered by the AMIS.

The State of Mexico was the state with the most number of cases, with a total of 26,601 units, followed by Mexico City with 10,587.

The third place was for Jalisco , with 12,031 units – 42% more than those registered in 216.

The director of the Association said, overall, car theft represented a total loss for insurance companies for over MXN$ 14.4 billion.

AMIS claimed that while vehicle recovery increased by 16%, this effort wasn't enough given the magnitude of the phenomenon.

Arias explained that in cases of vehicle theft with violence, 80% of the cases were reported in the State of Mexico, Mexico City, Jalisco, Veracruz, Puebla, Sinaloa, Michoacán, Nuevo León, and Guerrero.

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