Ituran is a global telematics services provider specializing in stolen vehicle recovery, fleet management, connected car solutions, and usage-based insurance across Israel, Brazil, Latin America, and the United States. The company generates revenue primarily through recurring subscription fees for telematics services and sales of GPS/GPRS devices and control center software, serving insurance companies, car manufacturers, fleet operators, dealers, and financing institutions. Ituran operates 24/7 control centers in each market and competes on proprietary terrestrial network technology, recovery rates, and service quality, leveraging partnerships with major automotive manufacturers and holding a regulated market position in key territories.