Criminals of Jaguar Auto Theft make $3.75 Billion within Six Minutes

It’s always fun to watch movies belonging to the action genre in which an actor conducts a robbery with ease within a few minutes. While watching this, one usually has the thought that such a robbery looks easy only in movies and is impossible to happen in real life. But a recent robbery seems like a scene of one of these movies. On Tuesday night, one such theft took place in England. The Jaguar auto theft occurred at the Lode Lane plant situated in Solihull. It apparently happened at around 10.30 p.m. in full scrutiny of the security cameras installed at the factory.

The masterminds behind the Jaguar auto theft drove up to the factory in the dark of the night in a stolen semi-truck and robbed engines worth around $3.75 billion. A Jaguar representative confirmed this news through an official statement. He stated that the company is working closely with the West Midlands Police to investigate the Jaguar auto theft. There is a reward for anyone who can provide information about the theft at the Solihull manufacturing plant to the police if it leads to successful recovery of the engines. The company has refused to make any further comment till the investigation is under process.

Jaguar auto theft

The Jaguar auto theft took place on Tuesday.

How did the Jaguar auto theft take place

The thieves entered the Solihull manufacturing plant in a stolen HGV lorry in a heist through a security-manned gate. They connected the lorry to a trailer containing the engines and left the facility within six minutes. All they did was hooked up the trailer to the lorry and simply drove off. The criminals performed this action twice that night with the help of the same lorry. The Jaguar representative also said that the company is unable to comprehend that how the robbery happened despite the security measures.

Sources have revealed that the lorry drove out through the gates at D1 and went to the Lagoons depot. The driver showed yellow documents to the security guards on their way out. This resulted in the security breach. This incident signifies that the plant is not as secure as it should be. Earlier in the past, a Jaguar auto theft had occurred in the same fashion. At that time, the company had lost parts worth $1.2 million and five people got convicted for the crime. The trailers that were stolen recently have been recovered by the police but were found empty.

Avatar
Carrie Ann
Carrie Ann is Editor-in-Chief at Industry Leaders Magazine, based in Las Vegas. Carrie covers technology, trends, marketing, brands, productivity, and leadership. When she isn’t writing she prefers reading. She loves reading books and articles on business, economics, corporate law, luxury products, artificial intelligence, and latest technology. She’s keen on political discussions and shares an undying passion for gadgets. Follow Carrie Ann on Twitter, Facebook

Recent Posts

Blackstone puts in an offer of $1.68 billion for St Modwen

Blackstone puts in an offer of $1.68 billion for St Modwen

Blackstone, the private equity firm, is planning to acquire St Modwen Properties, a logistics and housing developer, for £1.2bn ($1.68 billion) in a bid to take advantage of the P
2 days ago
Tesla to lose millions as Stellantis ends CO2 credit buying deal

Tesla to lose millions as Stellantis ends CO2 credit buying deal

Stellantis, the carmaker formed earlier this year by the merger of Fiat Chrysler and PSA, has revealed that it no longer needs to buy emission credits from Tesla, which will result
3 days ago
AB InBev CEO Brito to step down

AB InBev CEO Brito to step down

Anheuser-Busch InBev SA’s Chief Executive Officer Carlos Brito will step down from his role, effective July 1 and Michel Doukeris will succeed him as the new CEO. Brito, who beca
3 days ago
Australia’s Officeworks stops sales of Apple’s AirTags on child safety concerns

Australia’s Officeworks stops sales of Apple’s AirTags on child safety concerns

Officeworks, the Australian office supply store chain, has pulled Apple’s newly launched AirTags from its store following safety concerns for children from its button battery
4 days ago
Ex Google AI scientist joins Apple after resigning in protest for unfair practices

Ex Google AI scientist joins Apple after resigning in protest for unfair practices

Apple, Inc. has hired a former Google AI scientist who resigned in protest against the firing of two employees from the Ethics division. Sammy Bengio, the ex-Google employee, will
5 days ago
Solid Power raises $130 million in second funding round from Ford and BMW

Solid Power raises $130 million in second funding round from Ford and BMW

Solid Power, a solid-state battery system startup, has raised $130 million in Series B funding led by Ford Motor Company and BMW Group. The Louisville, Colorado-based SSB developer
5 days ago