Thieves Target Luxury Cars in $2 Million Heist Near Toronto

A significant car theft occurred in Oakville, Ontario, where thieves executed a carefully planned heist, stealing luxury vehicles valued at approximately CAD$2 million. The incident took place at Lockwood Leasing, a car leasing business, in the early hours of January 11, 2026. Halton Police reported that eight high-end vehicles were taken, including a Ferrari, two BMWs, two Porsches, and three Mercedes-Benzes.

The police received a call about the break-in around 3:35 a.m. Upon arrival, officers discovered the smashed front window that the thieves used to gain entry. Preliminary investigations suggest that as many as ten individuals were involved in the operation. Four of the stolen vehicles have since been recovered.

Investigation Underway

According to Global News, the police have made two arrests related to the incident, but the investigation is ongoing. Law enforcement is keen on apprehending all individuals connected to this theft, given its high-profile nature and substantial financial implications. The meticulous planning exhibited by the thieves has raised concerns among both the police and the management at Lockwood Leasing.

Mark Kusiewicz, the long-time manager of Lockwood Leasing, expressed his disbelief over the incident when speaking to The Toronto Star. He noted that the thieves appeared relaxed and coordinated, indicating that this was not a spur-of-the-moment crime. “There has to be something to [stop] these people from getting away with this kind of stuff,” Kusiewicz stated, emphasizing the need for enhanced security measures and stricter legal consequences for perpetrators.

Evidence and Public Safety Concerns

The crime scene revealed several pieces of evidence that could assist in identifying the thieves. Halton Police discovered drops of blood, suggesting that one of the suspects may have injured themselves during the theft. Additionally, part of a false fingernail was found at the site, which could provide further clues.

This incident not only affects Lockwood Leasing but also raises broader concerns about vehicle security for businesses and individuals alike. Kusiewicz hopes that this high-profile case will prompt others to improve their security measures. “Our security is being jeopardized,” he added, reflecting a growing anxiety among business owners regarding the potential for organized theft.

As authorities continue their investigation, they urge the public to remain vigilant. Individuals are encouraged to understand how to recognize signs of potential theft to protect their vehicles.

The significant financial impact of this theft underscores the need for improved security protocols across the automotive leasing industry. As the investigation unfolds, both the police and Lockwood Leasing are committed to ensuring that such incidents are prevented in the future.