Brazil's Auto Theft Explosion Is Boon for Israeli Auto Location System

(Bloomberg) Gabrielle Coppola - Brazilians are fueling a boom in Ituran Location and Control Ltd.'s stolen auto tracking business. Sales in Brazil, home to the world's highest auto theft rate according to a 2013 ranking of 34 countries, are climbing so fast that the nation now contributes as much revenue to Ituran as its home market Israel.


2014-02-07 00:00:00

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