Protecting Fleet Management: Preventing Vehicle Theft with CODE SAFE Solutions

According to the latest media release, Uber has decided to close down Uber Carshare and will cease operations effective 12 September 2024 in Australia (11 September in the US and Canada). Due to increasing costs and operational challenges associated with insurance, thefts, vehicle repairs, and changing their business model, Uber is shifting from peer-to-peer carsharing to partnering with scaled car rental companies through products like Uber Rent.

Fleet management can be an expensive endeavour, mainly when vehicle security is inadequate. Vehicle theft can lead to significant financial losses for companies, amounting to millions of dollars. Effective fleet management strategies are essential globally to combat this issue. Companies like Uber and rental services can safeguard their vehicles through affordable security solutions, restoring confidence in their operations and ensuring the continuity of their business practices.

CODE SAFE immobilisers effectively prevent theft, and mandatory installations implemented by insurance companies abroad have demonstrated success. Insurance companies should support secondary immobilisers and offer premium discounts for their installations in commercial fleet management and private vehicles.