LoJack Approved to Enter China Market
WESTWOOD, Mass. -- LoJack Corp. secured the rights to use a single national radio frequency in China to operate its stolen vehicle recovery network. China's Ministry of Public Security has approved the LoJack product and system. This was a critical step in entering the Beijing, China, market.
WESTWOOD, Mass. -- LoJack Corp. secured the rights to use a single national radio frequency in China to operate its stolen vehicle recovery network. China's Ministry of Public Security has approved the LoJack product and system. This was a critical step in entering the Beijing, China, market.
The company will next work to secure a licensee who will establish the local operating company and work on developing the local infrastructure. It will then complete the network for operational readiness.
"We have pursued expansion into China for more than two years," said Ronald Rossi, LoJack chairman.
"Clearly China represents a tremendous opportunity," said Rossi. "In a city with almost two million privately owned passenger vehicles, and automobile production in China skyrocketing, Beijing is a prime target for rising vehicle theft."
More F&I
Sell Value, Build Trust
In this video, Trent White explains why selling on value, not fear, builds lasting customer trust, reduces cancellations, and drives long-term success.
Read More →
F&I Sales Give Dealers First-Half Lift
Product business shored up total profits to avoid an overall revenue tanking as product penetrations held steady, StoneEagle reported.
Read More →
Targeted Training Drives Results
Today’s technology, instead of threatening F&I managers, can actually make them better, according to an industry veteran who’s watched market setbacks roil the unprepared.
Read More →
Just Do It
F&I managers need training, but instead of resisting application or expecting perfection, they should improve by simply acting on what they learn.
Read More →
Dealer Lender Preferences Revealed
When lenders provide consistent, fast service, their overall satisfaction scores with dealers greatly improve, according to JD Power research.
Read More →
Leading with Purpose
In this video, Trent White explains how understanding your people’s 'why' is a key leadership responsibility of F&I professionals and how that mindset drives dealership engagement, trust and performance.
Read More →
Integrating Nontraditional F&I Products
The niche presents a strategic advantage for auto dealerships as they move to adapt to fast-changing consumer expectations in today’s market.
Read More →
Trust Is Personal
Technology, no matter how efficient, can’t replace what the human F&I manager can do, which is to bridge the divide between cyberspace and the in-store experience.
Read More →
Amplify 2026 Billed as Turning Innovation Into Results
Reynolds and Reynolds says its annual retail summit will connect dealers with practical strategies, peer insight, and technology-driven ideas.
Read More →
Own Your Outcome: F&I in the Digital Customer Journey
Finance has historically been the last step in the car-buying process, but it doesn’t have to be. The customer’s journey starts long before they arrive at the dealership, and so should F&I’s involvement.
Read More →