Fleet News

Tracker moves into profit

STOLEN vehicle recovery system provider Tracker Network has moved into profit in its third year of operation in the UK. The company has reported pre-tax profits for the year to December 31, 1996 of £210,000 compared with l995 losses of £1.613 million. The turnaround from loss to profit was achieved on a 22% increase in turnover up from £8.5 million to £10.4 million.

Operated by police forces nationwide, the Tracker system has recovered vehicles estimated to be worth more than £21 million with more than 650 arrests made.

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