Toyota Spain partners with LoJack España to offer its customers a best-in-class stolen vehicle recovery service

Rhea-AI Summary

Toyota Spain has partnered with LoJack España, a subsidiary of CalAmp, to enhance stolen vehicle recovery services for its customers. The collaboration will allow Toyota's dealer network to market LoJack SVR services directly, utilizing advanced tracking technology capable of functioning in challenging environments. The service aims to improve customer security and offers 24/7 support from a dedicated control center. This partnership also extends to Toyota's leasing and insurance services, further integrating LoJack into their offerings for various models.

Positive

• Partnership with LoJack España enhances value-added services for customers.
• Utilizes advanced tracking technology for better recovery chances.
• 24/7 support enhances customer security and peace of mind.
• Integration with Toyota's leasing and insurance services may increase sales.

Negative

• None.

MADRID and IRVINE, Calif., Feb. 10, 2022 /PRNewswire/ -- Toyota Spain, within its strategy of always placing the customer at the center of its activities and with the aim of offering a service of high added value, has partnered with LoJack España, a subsidiary of CalAmp, to offer an innovative service for the recovery of stolen vehicles.

The agreement between Toyota Spain and LoJack España will give Toyota customers access to best-in-class stolen vehicle recovery services enabled by direct collaboration with local law enforcement. Through this agreement, the Official Dealer Network of Toyota Spain will market LoJack SVR services directly, through Toyota Custom, the Toyota Original Accessories program.

The LoJack SVR system works with radio frequency technology capable of tracking vehicles in a garage, underground or in an armored container. It offers system tampering alerts designed to cope with the increasing use of GPS signal jammers, and service activation only in case of vehicle theft, ensuring customer privacy.

In addition, the LoJack operations control center will be available to Toyota customers 24 hours a day, 7 days a week, providing support and advice in case of theft and providing constant updates to search status for stolen vehicles.  LoJack has a security team that works in direct coordination with the state security forces and law enforcement.

The collaboration between Toyota Spain and LoJack España, which has its origin in the relationship between Toyota Motor Italy (TMI) and LoJack Italia, established in 2019, will go a step further by also offering LoJack SVR services through KINTO One, leasing and car sharing service, and Toyota Insurance Services (TIS). TIS will offer LoJack as part of the insurance of models such as RAV4, Highlander and Land Cruiser with the aim of lowering the premium and offering an even more competitive insurance offering.

Beyond Zero by Toyota
Toyota, with its Toyota and Lexus brands, is a world leader in the marketing of electrified models, with more than 17 million electrified cars sold worldwide and 350,000 units in Spain since 1997. Toyota's electrification roadmap, with a view to a CO2-free society, began more than 20 years ago with the birth of hybrid technology, and we have been working towards this goal ever since. This demonstrates the brand's commitment to help achieve sustainable mobility through the reduction of greenhouse gas (CO2) emissions to help positively combat climate change and a reduction of pollutant gas emissions (NOx and particulate matter) that directly affect people's health. In fact, NOx emissions are more than 90% lower than the limit set by current legislation, for example, in Yaris Hybrid nitrogen oxides emissions are only 6 mg / km, compared to the expected limit of 60 mg / km of gasoline cars Euro6 and 80 mg / km of diesel Euro6. Taking action to address climate change is a pressing issue worldwide, and the promotion of sustainable, low-carbon energy has long been a major goal. The company is therefore taking a further step to address environmental challenges, bringing hydrogen technologies to the forefront and aiming to make hydrogen the main energy source of tomorrow's society. A future society in which not only will there be no emissions, but we will also go further, connecting people, buildings and vehicles in a unique ecosystem, leading to a better society, with mobility for all at its core, a mobility that goes beyond automobiles and is about overcoming challenges and making dreams come true. Toyota's support for Olympic and Paralympic sport is also embodied through Start Your Impossible, the global corporate initiative that aims to inspire and seeks to achieve a more inclusive and sustainable society.

About LoJack España
LoJack España, a wholly-owned CalAmp subsidiary, delivers best-in-class stolen vehicle recovery and connected car services to auto dealer, OEM, insurance, and car rental markets and their end-customers that improve vehicle management and protect against theft. Using CalAmp's unified IoT ecosystem of software applications, cloud platform, telematics services and edge computing products, LoJack España provides connected intelligence on valuable assets that allow people and businesses across Spain and Portugal to make more informed decisions, reduce costs and maximize productivity. For more information, visit www.lojackiberia.com and LinkedIn.

About CalAmp
CalAmp (Nasdaq: CAMP) is a connected intelligence company that helps people and businesses work smarter. We partner with transportation and logistics, industrial equipment, government and automotive industries to deliver insights that enable businesses to make the right decisions. Our applications, platforms and smart devices allow them to track, monitor and recover their vital assets with real-time visibility that reduces costs, maximizes productivity and improves safety. Headquartered in Irvine, California, CalAmp has been publicly traded since 1983. We have nearly one million software and services subscribers and over 20 million products installed worldwide. For more information, visit calamp.com, or LinkedIn, Facebook, Twitter, YouTube or CalAmp Blog.

CalAmp, LoJack, TRACKER, Here Comes The Bus, Bus Guardian, iOn Vision, CrashBoxx and associated logos are among the trademarks of CalAmp and/or its affiliates in the United States, certain other countries and/or the EU. Spireon acquired the LoJack® U.S. Stolen Vehicle Recovery (SVR) business from CalAmp and holds an exclusive license to the LoJack mark in the United States and Canada. Any other trademarks or trade names mentioned are the property of their respective owners.

 

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SOURCE CalAmp

FAQ

What is the significance of the Toyota Spain and LoJack España partnership?

The partnership enhances stolen vehicle recovery services for Toyota customers, providing improved security and tracking technology.

How does the LoJack SVR system work?

The LoJack SVR system uses radio frequency technology to track vehicles even in challenging locations, offering system tampering alerts.

What services are included in the Toyota and LoJack partnership?

The partnership includes 24/7 support from a control center, marketing of LoJack SVR services through Toyota dealers, and integration into leasing and insurance offerings.

What models will benefit from LoJack services through Toyota?

LoJack services will be available for models like RAV4, Highlander, and Land Cruiser as part of Toyota Insurance Services.

Is CalAmp, the parent company of LoJack, publicly traded?

Yes, CalAmp is publicly traded under the stock symbol CAMP.