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Criminals steal catalytic converters because they contain platinum, palladium and rhodium — all of which have climbed in value in recent years. But as the price of those precious metals have ...
Catalytic converter thefts have increased by 450 per cent over the last year, from 400 in 2020, to more than 2,200 in the first 11 months of 2021, according to MPI.
Catalytic converter thefts have been steadily increasing since 2020 and were up 16 per cent in the first quarter of 2023 compared to the first quarter of 2022, according to the city.
In 2023, the insurance company State Farm registered 21,000 claims of catalytic converter thefts nationwide, according to figures from the company. In 2022, the company registered 45,000 claims.
Council votes to tackle catalytic converter theft with higher fines Coun. Peter Demong wants to raise the fine to $1,000 or greater, which would necessitate a court appearance from offenders ...
Catalytic converters are being stolen for the precious metals they contain — platinum, palladium, and rhodium — that can be recycled and sold. Five years ago, rhodium, for example, was trading ...
Thefts of catalytic converters have surged in recent years because they contain precious metals like palladium, rhodium and platinum that can be extracted and resold for up to $50 per gram.
Catalytic converter thefts on the rise again in the Okanagan By Randi Adams Global News Posted February 8, 2023 9:26 pm Updated February 8, 2023 9:27 pm ...
Adam MacVicar reports – Dec 14, 2022 A growing number of catalytic converter thefts in Calgary has prompted several city councillors to try and find ways to deter the thieves.
My 2005 Nissan Altima's "Service Engine Soon" light has turned on twice in the past month. A diagnostic test indicates that my catalytic converter is "failing". If I don't have the converter ...
According to ICBC, claim costs for catalytic converters also rose during that period from $356,950 in 2017 to $4,059,081 in 2021.
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