In 2023, the Ministry of the Interior recorded 140,400 thefts, an increase of 5% compared to 2022. This increase in vehicle theft also contributes to inflating the bill for insurance companies, which amounted in 2022, according to France Assureurs, to 580 million euros.
Since 2018, Coyote, a French company specializing in the design of driver assistance systems, has been developing a solution, called Coyote Secure, whose objective is to locate and then recover a stolen car.