The SEMA Show is the premier automotive specialty products trade event in the world, drawing the industry’s brightest minds and hottest products to one place, the Las Vegas Convention Center. Additionally, SEMA provides attendees with educational seminars, product demonstrations, special events, networking opportunities and more. Mitchell will once again be attending SEMA as an exhibitor with an interactive exhibit booth, which can be found in the North Hall. Those visiting Mitchell’s booth will have the opportunity to be one of the first to demo the latest Mitchell solutions for the repair industry. We look forward to seeing you on the show floor! Need to schedule a meeting with a sales representative? Contact us today.
More stories
Enlyte Launches Bundled Solution for Auto Bodily Injury Cost Containment
PrecisionDirect allows auto carriers to improve payment accuracy for provider services. During claims settlements busy adjusters often have neither the time or experience to negotiate and pay providers directly on bodily injury claims. Today, Enlyte is working to streamline that process by launching PrecisionDirect, an integrated provider negotiations and networks solution designed to free up adjusters to focus on claim settlement while securing savings on these bills.
Ensuring Precision and Agility in Settlements
Let’s set the stage with some facts that every carrier can relate to: a desire to close claims quicker and with more accuracy. If a fair settlement can be reached early on, it becomes a win-win for all parties involved. This is clearer than ever in the current environment.
Plugged-In: EV Collision Insights Q1 2024
In Q1 2024, electric vehicle (EV) repairable claims frequency rose to 2.26% in the United States and 3.41% in Canada, an increase of approximately 40% and 38% respectively over Q1 2023. Tesla price reductions late last year spurred precipitous price drops throughout the EV segment. As a result, price parity between EVs and vehicles with an internal combustion engine (ICE) may be coming faster than previously predicted.
Decrease in Used Electric Vehicle Prices Coincides with an Increase in Total Loss Claims
Mitchell today released its Q1 2024 trends report: Plugged-In: EV Collision Insights. This quarter’s report provides an update on EV total loss frequency, which has risen since late last year as the price of used EVs has fallen. In the U.S. and Canada, EV total loss rates were 9.93% and 7.48% respectively—an increase of approximately 8% from Q4 2023 and 30% from Q3 2023 in both regions.
Fix Network Canada National Conference 2024
Fix Network Canada’s 2024 National Conference is a premier gathering for its insurance partners, suppliers, franchisees and other industry professionals. The event begins with an engaging expo, followed by days filled with keynote presentations, insightful panels and networking opportunities.
Midwest Collision Repair Trade Show 2024
The Midwest Collision Repair Trade Show & Conference rallies the five active Midwest state associations to deliver an exclusive event for collision repair professionals in Kansas City. At the show, business owners, managers and staff are encouraged to attend educational presentations hosted by notable voices in the industry and engage in hands-on projects and trainings to expand their knowledge.