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Competition is fierce if viewed with Telematics and GPS tracking devices. However, if you look at vehicle recovery systems, LoJack is the global leader with a law enforcement network that cannot be easily duplicated. This law enforcement network is challenging politically and requires a high degree of local political assistance. Financially, sales are climbing, but year over year growth is declining. The distribution system through auto retailers seems stuck to new car sales.
The LoJack strategy at the present time consists of several discrete variables. LoJack has elected to expand into new geographic areas and markets which is a logical growth strategy for the firm which has established an enviable reputation in terms of asset recovery systems...
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