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Auto Physical Damage

Top Collision Industry Trends to Watch in 2024

Event Details
Start: January 25, 2024 @ 12:00PM MST End: @ Location: Online Event

2 p.m. ET, 1 p.m. CT, 11 a.m. PT

Over the last several years, the collision industry has faced unprecedented challenges. Will 2024 produce more of the same? In this live CIECAST webinar, Mitchell’s Director of Claims Performance, Ryan Mandell, will discuss the most consequential trends affecting collision repairers, auto insurers and vehicle manufacturers this year. Those trends include the impact of:

  • More trucks, SUVs and luxury automobiles on the road
  • Fluctuating vehicle prices on total loss frequency
  • Rising average repairable claims severity
  • Inflation and ongoing supply chain disruptions
  • Advanced Driver Assistance Systems (ADAS) associated with the repair process
  • Increasing refinish and labor costs
  • Record-breaking electric vehicle sales

Click the link below to register or visit the CIECA website for other CIECAST webinars.

Register

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Auto Physical Damage Article

Average Length of Rental for Repairable Vehicles: Q1 2018

June 11, 2018

Average Length of Rental for Repairable Vehicles: Q1 2018 Average Length of Rental (LOR) for Q1 2018 landed at 12.5 days in the United States, an increase of .4 days compared to Q1 2017. This represents a return to the consistent upward trends generated throughout 2015 and 2016 after a largely fat 2017 Once again, there was very little consistency between regions and states, suggesting that the quarterly result for the U.S. is not reflective of a genuine national trend.

Auto Physical Damage Article

June 2018 Used Vehicle Market Conditions

June 11, 2018

Average wholesale used vehicle market prices registered their first year-over-year price decline since August 2014, continuing the general softening pattern seen since the impact of the hurricanes waned in late 2017. Retail used vehicle sales, including CPO sales, were strong, reflecting Spring, tax-season demand.

Auto Physical Damage Article

Mitchell Collision Repair Industry Data: Q1 2018

June 11, 2018

The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through Mitchell systems in Q1 2018, was $3,166, $124 more than this same period last year. Continued development suggests a final Q1 2018 average appraisal value of $3,196

Auto Physical Damage Article

Total Loss: Q1 2018

June 11, 2018

The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through Mitchell servers.

Enlyte News Release

Mitchell Issues Second Quarter 2018 Industry Trends Report

June 11, 2018

The Latest Technology Trends, Industry Insights, Data And Analyses On The Property & Casualty And Collision Repair Industries.

Enlyte Conference

Guidewire Connections 2018

August 6, 2018

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