A combination vehicle alarm and locator device. The device includes a housing, a vehicle alarm activator positioned within the housing including a transmitter for activating an alarm system on a vehicle and an infrared transmitting device located in the housing for communicating with a Global Positioning Satellite system for determining a location of the device. A key ring selectively extends from a side of the housing. The vehicle alarm activator includes an alarm activation button extending from the housing for activating the vehicle alarm activator to transmit the infrared signal. The transmitter device includes a processor, a memory device for storing identification information concerning the device and an activation button for activating the processor to retrieve the identification information from the memory for transmission to the Global Positioning Satellite system. The device also includes a speaker connected to the processor for optionally generating an audible signal when the activation button is activated. A clip is releasably connected to the housing for releasably securing the device to an article of clothing of the user. First, second and third visual indicators are provided on the housing for indicating when the activation button is activated, when the device is in an on mode and when the level of the power source is below a threshold value.