The third Fast and the Furious movie "Tokyo Drift" was released on June 16th and took in $62 million dollars in two weeks; $46 million was from the U.S.

We had already been receiving reports of drifting related deaths, injuries and fraudulent claims and we expect this to increase with the movies debut.

Learn more about Drifting and what cars will be featured in the movie by clicking here.

Current Events

Ontario Canada has received a lot of press lately due to the rise in deaths related to illegal street racing in their province. Following the city of Los Angeles, they recently crushed 2 street racing vehicles in a further attempt to save lives, click here for more info.

July 8th

The Need for Speed Formula D Drift event will be held at Infineon Speedway in Sonoma, CA. Bay Area companies and departments should be on alert for related claims, click here for event details. This event will also be televised along with many other events on G4tv, click here for listings and video.

Hot Import Nights in Orlando FL will makes its 9th appearance.

July 15th

Winnipeg: The Sport Compact Nights show will be held at the Winnipeg Convention Centre. Click here for more info.

Las Vegas: A combined Car Show, NHRA Drag Racing and D1 Drifting event from Japan will be held Saturday, July 15th from 6pm to midnight at the Las Vegas Motor Speedway. Expect the streets of Las Vegas to be more alive and watch for claims on Monday morning. Click here for more info.

We have 17 additional events listed for July by date and state, click here.

Stolen Vehicles Identified

The new VINtrack Windows Mobile identified several more stolen vehicles last week at car dealerships and through vehicle inspections. The full VIN decoder and Verified by VINtrack VIN check prevented the dealerships from unknowingly buying and selling stolen vehicles.

VINtrack is used by law enforcement throughout the world and is responsible for identifying clones, VIN switches, re-tags and other questionable vehicles conventional means have missed.

VINtrack helps insurance companies from unknowingly insuring stolen VIN-switched/Re-tagged vehicles.

Our new OBD VIN readers are enhanced to capture electronic VINs where generic OBD readers cannot.

To learn more about the VINtrack line of products click here.

Insuring Illegal Cars

JDM

Japanese Domestic Market

There has been an influx of Gray Market vehicles due to the American desire for true Japanese vehicles. These are commonly referred to as JDM by the street tuners. Insurance companies and departments of motor vehicles have been wrongly insuring and registering these illegal vehicles.

A vehicle that is manufactured outside of the United States and is not originally built to meet U.S. safety and emissions standards is called a Gray Market vehicle. In the United States it is a violation of federal law to import a vehicle that does not meet the U.S. Environmental Protection Agency (EPA) emission standards.

With the increase in JDM engines other problems have surfaced. They are not covered under any manufacturers warranty which has resulted in an increase in fraudulent claims.

The thefts of these engines has also increased and is posing a problem for law enforcement and the victims. For more information click here.

See Sidebar "Gray Market Vehicle Laws" for links to regulations and laws.

Regards,

Mike Bender

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