Aug 7, 2023

Some good news for your catalytic converter

Justin Sullivan/Getty Images

Shrinking demand for palladium is good news for car owners. Plus, trucking woes and back to school spending hopes.

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Some metal prices are finally down, a potential deterrent for catalytic converter thefts

by Ali Budner

Aug 7, 2023

Lower palladium prices might also lead to fewer catalytic converter thefts, which spiked when the metal fetched a premium.

The high price of palladium led to a rise in catalytic converter theft, said metal trader David Holmes, but that trend might be turning around.

Justin Sullivan/Getty Images

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David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

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Jordan Mangi Digital Producer

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