Ccc Information Services (NASDAQ:CCCG)
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According to CCC Information Services Inc.'s 2004 most
stolen vehicle report, one of every 200 registered 1999 Acura
Integra's was stolen last year, making it 2004's most stolen vehicle.
The 2002 BMW M Roadster and the 1998 Acura Integra ranked as the
second and third most stolen vehicles respectively.
A technology provider to the automotive claims and collision
repair industry, CCC processes more than 1 million automotive
claims-related transactions each day, resulting in an extensive
database of vehicle information. The company identifies the
most-stolen vehicles by analyzing total loss claims it receives from
more than 350 property and casualty insurers in North America. CCC
then compares its stolen-vehicle data against vehicle registration
volume information provided by R. L. Polk & Co. to determine the rate
of theft as a percentage of registered vehicles. The vehicle with the
highest theft percentage is deemed the year's most stolen vehicle.
"We cannot determine with absolute certainty the reason why
thieves steal some vehicles over others, but we see trends in the data
that provide interesting insight," said Carole Comstock, CCC's vice
president of marketing and product management. "For instance, our data
suggests some cars are stolen for the value of their parts, which may
explain why we often see a 'clustering' effect with same make and
model vehicles from sequential model years. The data also points to a
high proportion of stolen cars that are built for speed such as the
BMW M Roadster, Audi S4 and Mercury Marauder, which all appear on the
top 25 most stolen vehicles list in 2004."
'Clustering' most frequently occurs with upper midsize cars, such
as the Acura Integra and Honda Accord. The 2004 most stolen vehicle
list provides an example of this phenomenon. Acura Integras with
consecutive model years (1994-2001) account for eight of the top 25
spots. "Some manufacturers retain the same part-type from model year
to model year, so a part from a 1995 model may fit a car manufactured
three years later," added Comstock.
As for thieves' 'need for speed', Comstock said "There is a
growing interest in street car racing and participants seem to
gravitate toward the Acura Integra as their vehicle of choice. Other
vehicles, including the Mercury Marauder and BMW M Roadster, while not
as likely to be used in street car racing, have been manufactured with
speed in mind."
Other trends observed in 2004 demonstrate the correlation between
consumer preferences and increasing gas prices with vehicle thefts.
The growing number of thefts of the Fullsize Utility vehicle segment,
including the Cadillac Escalade and Land Rover, is consistent with the
rise in popularity of these vehicles. Additionally, the Heavy Duty
Station Wagon vehicle segment, which includes those vehicles known for
their gas guzzling, has dropped off of the top 10 most stolen vehicle
segments list, while the more efficiently fueled Basic Economy vehicle
segment has moved up on that list.
Information on Make, Age and Segment of vehicle
-- Vehicles made in 1997 were the most susceptible to theft,
followed by model years 1996, 1999, 1995 and 1998.
-- The high number of stolen Integras made Acura the most stolen
make of 2004, followed by Hummer, Land Rover, Daewoo and
Honda.
-- The top three vehicle segments with the highest rate of theft
for 2004 were the Fullsize Utility (e.g., Cadillac Escalade),
Upper Midsize (e.g. Acura Integra) and the Prestige Luxury
(e.g. Bentley Continental and Mercedes Benz).
The most stolen vehicle report is based on total losses identified
as stolen and not recovered. CCC does not include temporary
auto-related thefts such as "joy-rides" or the theft of car items such
as stereos.
Vehicles from model year 2005 were not included on this report.
About CCC
CCC Information Services Inc., a wholly owned subsidiary of CCC
Information Services Group (NASDAQ:CCCG), headquartered in Chicago,
IL, is a leading supplier of advanced software, communications
systems, Internet and wireless-enabled technology solutions to the
automotive claims and collision repair industries. Its
technology-based products and services optimize efficiency throughout
the entire claims management supply chain and facilitate communication
among approximately 21,000 collision repair facilities, 350 insurance
companies, and a range of industry participants. For more information
about CCC Information Services Inc., visit our Web site at
www.cccis.com; or contact Michelle Hellyar of CCC Information Services
at 312-229-2830 or John Harris of CCC Information Services at
312-229-2693.
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Most Stolen Vehicles of 2004
Source: CCC Information Services Inc.
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1 1999 Acura Integra
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2 2002 BMW M Roadster
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3 1998 Acura Integra
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4 1991 GMC V2500
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5 2002 Audi S4
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6 1996 Acura Integra
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7 1995 Acura Integra
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8 2004 Mercury Marauder
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9 1997 Acura Integra
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10 1992 Mercedes-Benz 600
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11 2001 Acura Integra
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12 1989 Chevrolet R25
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13 1993 Cadillac Fleetwood
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14 1994 Acura Integra
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15 1996 Lexus GS
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16 2000 Acura Integra
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17 1999 Mercedes-Benz CL
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18 1996 Lexus SC
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19 2004 Cadillac Escalade
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20 1996 BMW 750
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21 1998 Land Rover Range
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22 1994 Audi Cabriolet
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23 2001 BMW M Roadster
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24 2003 Cadillac Escalade
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25 2000 Honda Civic
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