(2) Next-generation location solution offers car dealers the opportunity to increase lot efficiency and offer an attractive new theft recovery solution to car buyers. With no upfront costs and with 1-minute installation, RecovR offers broad appeal for dealers of all brands. Kudelski IoT a unit of the Kudelski Group (SIX:KUD), a leading global technology and security provider today announced the launch of RecovR, a two-in-one lot management and theft recovery solution that enables car dealerships to manage their lots more efficiently, improve the sales process and create a new revenue stream while providing consumers with the most advanced and reliable theft recovery solution on the market. RecovR is set to debut at the National Automobile Dealers Association (NADA) Virtual Show on February 9-11, 2021 and will roll out to dealerships shortly thereafter.