Ituran SVR Tech Recovers $3 Billion in Stolen Vehicles with 80% Success Rate

Rhea-AI Summary

Ituran (NASDAQ: ITRN) reports its stolen vehicle recovery (SVR) technology has recovered over 200,000 vehicles worth >$3 billion since 2006, with ~$300 million recovered in 2024.

The company says vehicles fitted with its tech are recovered at around 80% average and typically within 60 minutes, versus a 10–20% recovery rate in many markets without specialist tracking. Ituran serves >2.5 million subscribers across nine markets and is expanding recovery services to motorcycles.

Regional theft rises cited include +253% in Israel and ~+40% in Brazil and Mexico over three years. Ituran will mark its 30th anniversary with Nasdaq events on Nov 24–25, 2025.

Positive

• Recovery rate ~80% for vehicles with Ituran tech
• $3B+ of recovered vehicle value since 2006
• $300M in recoveries reported for 2024
• 2.5M+ subscribers across nine markets
• Average recovery time <60 minutes

Negative

• Vehicle thefts rose 253% in Israel over three years
• Thefts rose ~40% in Brazil and Mexico over three years
• Many markets see 10–20% recovery without specialist tracking

Insights

Telematics recovery analyst

Ituran reports strong operational metrics: high recovery rates, rapid response times and material cumulative value recovered.

Ituran claims it has recovered over 200,000 stolen vehicles worth more than $3 billion since 2006, with recoveries in 2024 of around $300 million and an average recovery rate of about 80% for vehicles fitted with its SVR technology. The company cites a subscriber base above 2.5 million and rapid typical recovery times under 60 minutes, supported by satellite, cellular and 24/7 response teams across nine markets.

These figures describe the company’s core business mechanism: embedding telematics in vehicles to enable tracking and coordinated recovery operations, which convert theft events into measurable recovered asset value. The claim that recoveries materially exceed the cited baseline global recovery rate of 10–20% supports the narrative that specialist tracking changes outcomes, while rising thefts in specific markets (Israel up 253%, Brazil and Mexico around 40% over three years) increase the addressable need for SVR services.

Dependencies and risks include accuracy of the stated metrics and the assumption that reported values directly translate to recurring revenue or margin improvement; the release provides counts and recovered value but no revenue, profit, or unit economics for recoveries. Monitor: the company’s subscriber trends, disclosed recovery-to-revenue conversion metrics, and any future filings or releases around service margins and geographic growth over the next 6–12 months, plus the announced Nasdaq bell event on 24 November and anniversary event on 25 November as near-term corporate milestones.

Organized gangs fuel global surge in vehicle theft,  while recovery rates without specialist tracking remain between 10–20%

AZOUR, Israel, Oct. 28, 2025 /PRNewswire/ -- Vehicles fitted with stolen vehicle recovery (SVR) technology from global telematics leader Ituran (Nasdaq: ITRN) are recovered at a rate more than four times higher than the global average. New data from the company, including stolen vehicle heatmaps of major cities, points to the growing role of organized crime networks behind global vehicle theft.

Since 2006, Ituran has recovered over 200,000 stolen vehicles worth more than USD $3 billion worldwide. In 2024 alone, recoveries totaled around USD $300 million – a sharp increase on earlier years, driven by rising global theft rates. Many of these recoveries have also helped expose the operations of organized theft rings concentrated in major cities. By contrast, in many markets fewer than one in five stolen vehicles are ever recovered without specialist tracking.

The figures underline both the scale of global vehicle theft and the effectiveness of Ituran's recovery network across nine markets, including Israel and Latin America. Rising thefts – up 253% in Israel and around 40% in Brazil and Mexico over the past three years – point to the growing role of organized crime groups, while the value of recoveries has also climbed sharply in recent years.

Despite rising thefts, recovery performance remains strong for Ituran customers, with vehicles fitted with its technology recovered at rates of around 80% on average.

Eyal Sheratzky, Co-Founder and CEO of Ituran, said: "Ituran has built its reputation on protecting drivers and recovering stolen vehicles with speed and reliability. These results show the clear difference our technology and know-how make in markets where theft is rising sharply. 

"When a car is stolen, most people think of it as a one-off crime. In reality it's feeding a huge black market of spare parts. Without specialist technology, the recovery rate is horrible – less than one in five vehicles are recovered. What we've shown over three decades is that you can flip that equation. The majority of our customers get their car back, often within the hour and in some cases before they even know that the car was stolen . That changes the economics for the criminals."

Returned in 60 minutes (or less)
For vehicles fitted with Ituran technology, average recovery times remain rapid – typically under 60 minutes. Heatmap data from the company also highlight national hotspots: in Brazil, more than half of all vehicle thefts occur in São Paulo; in Mexico, incidents are spread across cities including Mexico City, Guadalajara, Cuautitlán Izcalli, Zapopan, Culiacán and Naucalpan de Juárez; while in Israel, Tel Aviv ranks as the highest-risk city.

30 years of peace-of-mind for vehicle owners
Founded in 1995, Ituran's connected services are trusted by over 2.5 million subscribers globally, include tracking and response for all vehicles - combining satellite and cellular technology, remote access and a 24/7 support network.

Ituran has spent the past three decades building its customer base and in-house expertise across telematics, stolen vehicle recovery, fleet management, connected car solutions and usage-based insurance.

With increasingly sophisticated vehicle thefts often linked to organized crime groups, Ituran's tech and on-the-ground recovery teams help recover stolen vehicles, without needing to be informed of the theft by owners. With an 80% recovery rate on average, Ituran provides a faster, more dependable safety net for drivers, insurers and fleet operators – saving them hundreds of millions of dollars annually. Ituran is also expanding its recovery services to cover motorcycles, where theft incidents occur far more frequently than for passenger vehicles.

The company will celebrate 30 years in business, and 20 years listed on the Nasdaq Stock Market, with a Nasdaq bell ringing ceremony on 24 November and a special anniversary event in Manhattan on 25 November.

About Ituran
Ituran is a leader in the mobility technology field, providing value-added location-based services, including a full suite of services for the connected-car. Ituran offers Stolen Vehicle Recovery, fleet management as well as mobile asset location, management & control services for vehicles, cargo and personal security for the retail, insurance industry and car manufacturers. Ituran is the largest OEM telematics provider in Latin America. Its products and applications are used by customers in over 20 countries. Ituran is also the founder of the Tel-Aviv based DRIVE startup incubator to promote the development of smart mobility technology.

Ituran's subscriber base has been growing significantly since the Company's inception to over 2.5 million subscribers using its location-based services with a market leading position in Israel and Latin America. Established in 1995, Ituran has approximately 2,800 employees worldwide, with offices in Israel, Brazil, Argentina, Mexico, Ecuador, Columbia, Chile, India, Canada and the United States.

For more information, please visit Ituran's website, at: www.ituran.com

Company Contact Udi Mizrahi udi_m@ituran.com Deputy CEO and VP Finance, Ituran (Israel) +972 3 557 1348

International Investor Relations Ehud Helft ituran@ekgir.com EK Global Investor Relations (US) +1 212 378 8040

 

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Logo - https://mma.prnewswire.com/media/1972820/Ituran_logo.jpg

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SOURCE Ituran Location and Control Ltd.

FAQ

What recovery rate does Ituran (ITRN) report for vehicles with its SVR technology?

Ituran reports an average recovery rate of about 80% for vehicles fitted with its SVR technology.

How much value in stolen vehicles has Ituran (ITRN) recovered since 2006?

Ituran has recovered vehicles worth more than $3 billion worldwide since 2006.

How fast are recoveries for Ituran (ITRN) customers on average?

Recoveries for vehicles with Ituran technology are typically completed in under 60 minutes on average.

What were Ituran's (ITRN) recoveries in 2024 in dollar terms?

Recoveries in 2024 totaled around $300 million.

How many subscribers does Ituran (ITRN) serve and in how many markets?

Ituran serves over 2.5 million subscribers across nine markets.

What theft trends did Ituran (ITRN) highlight for Israel, Brazil, and Mexico?

Ituran cited theft increases of +253% in Israel and about +40% in Brazil and Mexico over the past three years.

When will Ituran (ITRN) celebrate its 30th anniversary and Nasdaq events?

Ituran will hold Nasdaq bell and anniversary events on Nov 24–25, 2025.