agent Entrepreneur logo
MenuMENU
SearchSEARCH

‘Cat’ Thefts Continue, Could Get Worse

Ukraine war could exacerbate supply-chain-driven issue.

February 21, 2023
‘Cat’ Thefts Continue, Could Get Worse

A congressional bill supported by the National Automobile Dealers Association has been reintroduced to fight the thefts.

IMAGE: Flex Point Security

2 min to read


The jump in catalytic converter thefts since the pandemic continues and could worsen.

Statistics compiled by the National Insurance Crime Bureau, a group focused on preventing and prosecuting insurance crime, show theft of “cats” skyrocketed 1,215% from 2019 and 2022.

Ad Loading...

The situation may worsen because due to the war in Ukraine, Russia could limit exports of palladium, one of the precious metals used to make catalytic converters. Russia supplies about 40% of the world’s palladium, according to Moody’s Analytics.

NICB has partnered with businesses to hold vehicle identification number etching events across the country in order to help prevent the thefts. San Diego finance-and-insurance company Auto Prime Financial Services introduced a product last year that marks converters with VINs and triggers reimbursements for stolen devices.

California is a hot spot for “cat” thefts, with 37% of U.S. theft claims, according to the U.S. Attorney’s office for the state’s Eastern District, due to its higher emissions standards. The devices, part of a vehicle’s emissions system, convert polluting emissions into safe ones. Hybrid models have two converters, whose parts get less wear, making them more valuable and attractive to thieves, the NICB says.

In November, the U.S. Justice Department worked with local and state authorities to bust a national network of catalytic converter thieves.

A congressional bill supported by the National Automobile Dealers Association has been reintroduced to fight the thefts. The Preventing Auto Recycling Theft Act, or PART, would require new vehicles’ VINs to be stamped on their converters, making stolen parts traceable, and create a grants program to pay for marking of existing vehicles.

Ad Loading...

Originally posted on Auto Dealer Today

More Dealer Ops

Car key, stacks of coins, and a paper car cutout with AutoPayPlus logo, representing auto financing, loan terms, and vehicle affordability trends.
Dealer Opsby StaffMarch 31, 2026

Survey Reveals What Won't Fix What's Breaking Car Sales

AutoPayPlus says extra-long auto loans are trapping consumers and threatening the dealer trade-in cycle, and that the industry is leveraging the wrong tools to combat high MSRPs.

Read More →
Headshots of two male executives
Dealer Opsby StaffMarch 24, 2026

IA American Appoints Two Execs

Senior vice presidents of the company's agent and dealer channels chosen to support general agents and help auto dealers with sales and performance.

Read More →
Dealer Opsby Hannah MitchellAugust 26, 2025

Franchises, Throughput Down in First Half

A handful of states see franchise growth through June, while EV sales per store boost overall business in U.S.

Read More →
Ad Loading...
SalesAugust 25, 2025

How to Build a High-Performance Sales and F&I Team

Performance and profits start with people chosen and led the right way.

Read More →
Dealer Opsby Hannah MitchellAugust 19, 2025

Buy-Sells Up in Q2

Kerrigan metrics show there’s plenty of demand, though many sellers are waiting to pull the trigger.

Read More →
F&Iby StaffApril 2, 2025

DOWC Powers the Future of F&I for NESNA

Company is providing a fully integrated F&I administration model to Nissan Extended Services North America’s dealer network.

Read More →
Ad Loading...
Industryby StaffMarch 26, 2025

March New-Vehicle Sales Healthy

Despite incentive spending not keeping pace with deliveries volume, consumers make their purchases ahead of tariffs impact.

Read More →
Product & Technologyby StaffMarch 13, 2025

New DOWC Program Debuts

Hybrid solution combines benefits of reinsurance and dealer-owned warranty companies.

Read More →
Dealer OpsJanuary 15, 2025

Carryover Rate Important for Auto Retailers

Understanding how it plays into inventory risk management is an important consideration.

Read More →
Ad Loading...
Trainingby StaffJanuary 13, 2025

Dealer Survey Finds Anxieties

Kerrigan Advisors poll shows percentage of retailers expecting lower profits, valuations is on the rise.

Read More →