The numbers have been climbing for years, and last year was a high not seen since the old days of manual hot-wiring. This year figures to be even worse, as a perfect storm of factors make modern cars vulnerable, movable and the target of highly organized thieves.
How does a modern car-theft work, anyway? Why do the thieves seem to be ahead of the automakers? What's the best way to stop this wave, on both an individual and regulatory level? OH—and just where do all those stolen cars wind up, anyway?
GUEST: Bryan Gast, vice president of investigative services at Equite Association