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Auto Physical Damage
Article
Taking a Position on Pre- and Post-Repair Vehicle Scanning
As vehicle complexity has increased exponentially in the last decade, collision repair diagnostics has taken center stage in the collision repair industry. With millions of lines of code, repairers must be prepared to fix a computer network on wheels. Read more about the Importance of Automotive Diagnostics in Collision Repair.
Auto Physical Damage
Article
Average Length of Rental for Repairable Vehicles: Q3 2016
Continuing a recent trend, U.S. Length of Rental (LOR) increased by .5 days in the third quarter versus the same period the previous year (11.4 to 11.9) powered by a surge in claims frequency and an escalation of complex repairs. The regional results are very similar to those from the second quarter with the Southwest nearly two days longer than the U.S. average at 13.8 days, an increase of 1.3.
Auto Physical Damage
Article
Mitchell Total Loss Data: Q1 2017
The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through Mitchell servers.
Workers' Comp
Article
Five P&C Hot Topics and the Trends Fueling Them
Does virtual reality have practical applications for the P&C and collision repair industries? While it may be too soon to say what the overall impact will be, we are seeing interesting applications that go beyond entertainment. Virtual reality is being used to train doctors, create architectural models, and test the safety of new car models in a virtual setting before manufacturing them. It’s easier to see the potential benefits of augmented reality.
Auto Physical Damage
Article
Average Length of Rental for Repairable Vehicles: Q1 2017
The rate of average Length of Rental (LOR) growth declined in Q1 of 2017 for the first time in multiple quarters increasing only a modest .2 days from 11.9 to 12.1. In March, the number was flat, the first month without a year over year increase in more than two years. The data demonstrates very little consistency across and within regions, therefore there doesn’t appear to be a true U.S. trend.
Auto Physical Damage
Article
Motor Vehicle Markets: Q1 2017
The tale of two markets resumed in March, as wholesale prices were below year-ago levels for cars and above prior year for trucks. Nevertheless, both groups showed price increases versus February’s unseasonably soft results, as retail sales and wholesale activity showed signs of the traditional spring/tax season market typical for used vehicles.