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Automobile manufacturers invest a lot in creating new technology to ensure their vehicles are safe and modern. The increasing number of subprime auto loans has forced lenders to adopt an innovative technology called remote vehicle shutdown. This permits them to shut down a vehicle’s ignition when a borrower defaults on payments. The auto industry and police utilize remote vehicle shutdown technology across the United States. It lets them stop high-speed hunting remotely.

The year 2009 was the first time General Motors planned to install this system on 1.7 million new vehicles, allowing offices that are pursuing to request the engines of cars stolen engine rough the help of the mobile communication system.

With its integrated global tracking device, Onstar is helping police find stolen vehicles by allowing owners to shut off their vehicle’s engines. But, police can only request a shutdown when they have an automobile in sight. An Onstar operator will notify leaving suspects that their engine may be set to shut down. But the power steering and brakes are still in operation.

In 2014, remote starter interrupters or shutdown devices were put in place on around 2 million vehicles across the U.S. These devices can be controlled through a mobile phone app. This provides additional protection for institutions like credit unions or banks when lending to borrowers.

However, this technology could create privacy issues too. As per New York Times, some people who borrowed money say their cars were not working when they were just two days behind in their repayments. There are reports that their vehicles were stopped while they sat at stoplights. A few complained they couldn’t transport their children to school or take their parents to doctor appointments. Cars being stopped without notifying the borrower could cause accidents.

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