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Auto Physical Damage
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Average Length of Rental for Repairable Vehicles: Q2 2022
The 2nd quarter of 2022 saw average Length of Rental (LOR) for collision replacement-related rentals at 17.7 days, a 4.5-day increase from the 2nd quarter of 2021. This represents a decrease of half a day from the 1st quarter of 2022 when average LOR was 18.2 days. While the overall totals in 2022 are much higher than previous years, this quarter-to-quarter decrease of a half-day fits historical trending from the 1st quarter of the year to the 2nd quarter. While trending seems to be reverting to historical normalcy, the results themselves continue to illustrate a “new normal.”
Auto Physical Damage
Conference
SEMA 2022
The SEMA trade show provides attendees with the opportunity to see thousands of the latest automotive performance products from hundreds of exhibitors, to discover the newest vehicle trends in the industry, and to develop various skills by attending any of the 70+ free educational sessions hosted by top industry professionals!
Auto Physical Damage
Conference
Auto Glass Week
This year’s Auto Glass Week is in San Antonio, Texas, inviting industry leaders to com
Auto Physical Damage
Conference
CARSTAR National Conference
The CARSTAR National Conference 2022 is an event hosted by North America’s largest premier network of independently owned and operated collision repair facilities.
Auto Physical Damage
Article
Charged for Success: Understanding EV Trends and Their Impact
Sales of electric vehicles (EVs) grew by 85 percent in 2021 while sales of light-duty vehicles increased by just 3 percent over the same period. As more consumers embrace EVs and more automakers promise an all-electric line-up, insurers and repairers must prepare for dramatic changes to the way they manage collision claims.
Auto Physical Damage
Article
Average Length of Rental for Repairable Vehicles: Q1 2022
The first quarter of 2022 saw average Length of Rental (LOR) for collision replacement-related rentals increase 4.9 days when compared to 2021. This nearly five-day increase continues the trend of unprecedented industry increases, including an almost four (3.9) day increase in the fourth quarter of 2021.