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Catalytic converter thefts rise sharply due to high precious metal prices, hitting pickups and SUVs hardest.

Market News
10 Jun 2026
PRNewsWire
View Source
Neutral
pluang ai news

In 2025, over 137,000 catalytic converters were stolen in the U.S., with thefts continuing into 2026, driven by rising prices of precious metals like rhodium. Thieves target mainly pickup trucks and SUVs, which are easier to access, to sell the metals inside for up to $1,400 per converter, especially from hybrids. Replacement costs can reach $3,000, causing significant financial strain for vehicle owners without comprehensive insurance. Law enforcement advises parking in secure, well-lit areas, upgrading vehicle security, and marking converters to deter theft and aid recovery.

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