’For the first time since the pandemic, the annual DVLA stolen vehicle figures contained some much-needed good news for both the public and the UK motor insurance industry,’ says technical director
UK car thefts decreased by 4.5% in 2024 compared to 2023, a new analysis by Claims Management and Adjusting (CMA) has revealed.
The specialist motor insurance loss adjuster said there were 62,980 cars stolen last year, down from 65,905 in 2023.
Recoveries, meanwhile, were up 2.3% year-on-year, increasing from 26,765 to 27,015.
The CMA obtained the data through a comparative analysis of full-year DVLA data for 2023 and 2024.
‘Welcome return’
Philip Swift, a former detective, now technical director at CMA, said the figures were a “welcome return” for the industry and that police and car manufacturers deserve praise.
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He said: “For the first time since the pandemic, the annual DVLA stolen vehicle figures contained some much-needed good news for both the public and the UK motor insurance industry.
“Not only were substantially fewer cars reported stolen overall, 4.5% less than in 2023, the percentage successfully recovered by the police increased, as did the number recovered quickly, within seven days.
“Considering their stretched resources, the police deserve great credit.
“The prestige vehicle manufacturers especially deserve praise. Their latest security upgrades do seem to be working, for now.”
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