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Auto Physical Damage Article

Current Used Vehicle Market Conditions: Q3 2023

September 25, 2023
3 MIN READ

Average wholesale prices declined for the third month in July, although at a slightly more gradual rate than in June. Prices have so far stabilized in August and remain up by around 30% versus pre-pandemic.
Auto Physical Damage Conference

NTHECC 2023 Fall Meeting

The National Truck and Heavy Equipment Claims Council (NTHECC) will host its 2023 Fall Meeting at the M
Auto Physical Damage Article

Plugged-In: EV Collision Insights Q2 2023

August 10, 2023
3 MIN READ

Electric vehicle (EV) repairable claims frequency rose to 1.49% in the US and 2.64% in Canada in Q2 2023, which is an increase of 0.36% and 0.23% respectively over Q1. Tesla, the largest EV manufacturer in the world, saw its U.S. market share of repairable vehicles fall to 74.57% of all EVs repaired.
Auto Physical Damage Conference

CIECA Connex Conference

CIECA Connex 2023 is an engaging, two-day conference on the theme "Connected Car | Connected Industry". Participants will hear about the impact of new and emerging technologies—including ADAS and autonomous features—on the collision industry and its delivery of proper, safe vehicle repairs.
Auto Physical Damage Article

Current Used Vehicle Market Conditions: Q2 2023

July 18, 2023
4 MIN READ

Average wholesale used vehicle prices softened from their April peaks in May and into June. Retail used vehicle sales and Certified Pre-Owned (CPO) sales continue to be well below pre-pandemic levels.
Auto Physical Damage Conference

Auto Glass Week 2023

Located at the Virginia Beach Convention Center, Auto Glass Week showcases the latest advancements and innovations in the OE and aftermarket auto glass repair, replacement and calibration industry.
Auto Physical Damage Article

Plugged-In: EV Collision Insights Q1 2023

May 16, 2023
3 MIN READ

In Q1 2023, electric vehicle (EV) repairable claims frequency rose to 1.13% in the US and 2.41% in Canada, up a modest 0.03% and 0.15% respectively. While Tesla remains the dominant player, the company’s U.S. market share of repairable vehicles fell in Q1 2023 to 75.8% of all EVs repaired, down from 76.78% in Q4 2022. The Ford Mustang Mach-E continued to capture additional repairable market share as it maintained fourth position in U.S. EV frequency. The Cadillac LYRIQ and Rivian R1S sport utility vehicles entered U.S. collision repair facilities for the first time in Q1 2023.
Auto Physical Damage Article

Average Length of Rental for Repairable Vehicles: Q1 2023

May 15, 2023
10 MIN READ

Length of Rental (LOR) in Q1 2023 was 18.7 days, an increase of one-half day from Q1 2022.