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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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Plugged-In: EV Collision Insights Q4 2022

February 15, 2023

In Q4 2022, electric vehicle (EV) repairable claims frequency rose to 1.1% in the U.S. and 2.26% in Canada. Tesla continues to dominate EV market share in both countries with 76.78% in the US and 70.21% in Canada. The Ford Mustang Mach-E moved up to fourth position in U.S. EV frequency, displacing the Tesla Model X. Q4 2022 also saw the first appearance of the Hummer EV in a U.S. collision repair facility (none reported in Canada thus far) as well as the Ford F-150 Lightning EV in a Canadian repair facility following its Q3 2022 debut in U.S. auto body shops.

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