Honda Manufactured the Most Stolen Cars in 2011
Honda (NYSE: HMC) is responsible for manufacturing the first and second most stolen cars in the United States.
According to the National Insurance Crime Bureau, the 1994 Accord -- which is still fairly popular and lacks any significant security features -- was stolen more than any other vehicle in 2011. The 1998 Civic came in second place.
This news comes at a time when the company is struggling to maintain its value. Honda shares rose this month after the automaker reported strong growth in China. The company also gained a boost from a surprising surge in profits.
Regardless, Honda is still trading over 10 percent lower than it was six months ago.
Today's report is likely to be ignored by the investor community, which is more concerned with the prospect of another recall. In July, Honda recalled more than 320,000 cars and SUVs.
While '90s vehicles continue to be a hot commodity among thieves, Ford (NYSE: F) came in third place with two surprising trucks -- the 2006 F-150 and F-250. Both vehicles were manufactured with special keys that include a chip to prevent thieves from starting the vehicle without the key.
Ford's F-Series proved to be the newest vehicles in the lineup. The 1991Toyota (NYSE: TM) Camry -- the fourth-most stolen car in America -- turned out to be the oldest.
Dodge's 2000 Caravan rounded out the top five. However, it was not the only vehicle on the list manufactured by Dodge, as the company also produced the eighth-most stolen vehicle, the 2004 Dodge pickup (full-size models).
The 1994 Acura Integra and 1999 Chevrolet pickup (full-size models) came in sixth and seventh place, respectively. Ford's 2002 Explorer rolled in at number nine, while Nissan's 1994 Santra earned the 10th spot.
Aside from the aforementioned Chevrolet pickup, General Motors (NYSE: GM) managed to sidestep the national top 10. Frank Scafidi, a spokesman for the National Insurance Crime Bureau, told Bloomberg that GM's OnStar technology has helped reduce car thefts.
On a state-by-state basis, full-size GMC and Chevrolet pickups were popular among thieves in Arkansas, Idaho, Maine, Mississippi, Montana, Nebraska, New Mexico, Oklahoma, Tennessee and Texas, among other states.
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