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UPDATE: Thief Trades Carjacked Vehicle at Newark Auto Dealership as Collateral; Police Chase Down, Arrest Suspect

Newark New Jersey

An earlier armed carjacking that happened in the area of University Ave. and Bleeker Street had the suspect eventually drive to a nearby dealership where he reportedly used the vehicle as collateral to steal a BMW from the establishment.

https://www.rlsmedia.com/article/carjacking-suspect-threatens-shoot-victim-taking-vehicle-newark

Police were called to the dealership located in the 30's block of Stone Street shortly before 8:30 p.m. on a robbery report after management informed authorities of the incident.

Units heavily canvassed the area in search of the vehicle when they located the BMW at an address on Broadway a short time later. The male driver was stopped by police near 103 Broadway where they arrested the suspect without incident.

There were no injuries reported.

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