Beijing Tracker will launch a Stolen Vehicle Recovery service June 1, 2010. Initially it will be in Beijing, Tianjin and Hebei Provinces and then will be expanded into the Guangdong Province and the Greater Shanghai Area soon afterward.
China is the world’s biggest car market. In 2009, Chinese sales of cars, trucks and other vehicles soared to 13.6 million, a 46% rise from the previous year.
With rapid growth in vehicle sales, China is reported by Tracker Beijng to be experiencing a fast growing and severe vehicle theft problem. Using a tracking device it can locate vehicles even when hidden within steel containers garages, or under heavy foliage. And location will normally lead to their recovery.
Yahoo Finance reports Beijing Tracker is a company incorporated in Beijing and has been set up to operate fleet management and stolen vehicle recovery services in China.