Volkswagen Commercial Vehicles research shows 41% of van drivers keep tools in vehicle overnight, despite ongoing theft risk

IDBuzz_Cargo_Tools
IDBuzz_Cargo_Tools

Tool thefts continue to strain UK businesses, with 1 in 5 (19%) van drivers falling victim to theft last year, according to Volkswagen Commercial Vehicles research.1

While an improvement on the number of van drivers reporting incidents of tool theft year-on-year2, a Freedom of Information request revealed that as many as 15,464 individual cases were reported to police forces across the UK3, confirming the ongoing prevalence of the issue.

With the research indicating that the average value of stolen equipment per van stands at over £1,7001, this means that UK tradespeople are facing a bill of up to £1.64 billion in stolen equipment.4

In spite of these risks, 41% of UK van drivers continue to leave equipment in their vehicles overnight – over a third (37%) of whom confess that the value of tools left in their van exceeds £2,000.

The impact of tool thefts on UK businesses stretches beyond replacing equipment, though, with the majority (57%) of respondents unable to work while their vans are re-stocked and locks repaired1, as well as further risk of an increase in future insurance premiums for van owners who are on the receiving end of tool theft.

With downtime costing companies an estimated £550 a day per van, at a time when UK businesses are already feeling the squeeze, these costs underscore the significant disruption that tool theft can bring.

To help van drivers protect their vehicles, Volkswagen Commercial Vehicles offers a range of solutions designed to keep their van secure.

The all-electric ID. Buzz Cargo is fitted with an anti-theft alarm system as standard, in addition to interior monitoring in the cab, a back-up horn and towing protection5. When activated, the anti-theft alarm system sounds the horn and activates the hazard lights, alerting bypassers to any unwelcome intrusion.

John Ricardo-Neto, Head of Product Planning at Volkswagen Commercial Vehicles, said: “The cost of theft is more than just the price of the tools stolen, it’s the downtime while van drivers replace the stolen equipment, the higher insurance premiums and lost revenues, so it’s imperative that UK tradespeople be vigilant to tool theft.

“We urge those who own expensive equipment to take extra precautions – securing or removing tools overnight and parking in a well-lit, CCTV-monitored area. For those who wish to further increase the security of their vehicles, our range of theft prevention technologies can offer extra protection, allowing van drivers to get back to focusing on their businesses.”

Further tips on how van drivers can protect their vehicles can be found here.

Notes

  1. Results are taken from a OnePoll survey of 1,000 UK van drivers, conducted in December 2023, covering 2023 calendar year, commissioned by Volkswagen Commercial Vehicles.
  2. Results are taken from a OnePoll survey of 1,000 UK van drivers, conducted in February 2023, covering 2022 calendar year, commissioned by Volkswagen Commercial Vehicles.
  3. Results are taken from a Freedom of Information request, submitted by Volkswagen Commercial Vehicles to 45 police forces across the UK, conducted in May 2024, covering 2023 calendar year. 22 of 45 police forces responded.
  4. Cost of tools stolen nationally, calculated by: mode value (£1,718.63), multiplied by 19% of UK van parc (SMMT): £1,718.63 x (0.19 x 5,012,632) = £1,636,823,349.49
  5. Exact safety features are dependent on product and specification.

Leave a Comment

Leave a Comment





More in News

JLR Reveals ‘Rover’, The Robotic Guard Dog That Uses AI To Serve And Protect

JLR’s EV build and test facility in Coventry – which ...
Driver aged 102 to star in forthcoming GEM Safer Driving Update webinar

Driver aged 102 to star in forthcoming GEM Safer Driving Update webinar

A forthcoming webinar from GEM Motoring Assist will include a ...

Lando Norris takes on Silverstone Circuit in a life-size LEGO Technic McLaren P1 [Photo Gallery]

The LEGO Group and McLaren Automotive have embarked on the ...

Bugatti Type 35: epic races and victories that created a legend [Photo Gallery]

In the annals of motorsport, few cars have proved as ...

Subaru Crosstrek awarded maximum five-star rating in 2024 Euro NCAP safety test

Subaru Europe, a subsidiary of SUBARU CORPORATION, announced today that ...

Trending on Motoring Chronicle

Generational gap in ‘car confidence’ amongst UK drivers revealed by new research from The Motor Ombudsman

With the arrival of the new ‘74’ vehicle registration just ...

McLaren at the 2024 Goodwood Festival of Speed: A Celebration of Senna and more

McLaren will celebrate how more than six decades of motorsport ...

smart introduces free Over-The-Air software update optimising #1 and #3 model ranges

smart has introduced a comprehensive and free over-the-air (OTA) update ...

Bugatti W16 Mistral enters final testing phase

Bugatti has a storied history when it comes to performance ...