Current Used Vehicle Market Conditions: Q3 2020
1 MIN READ
September 2020 Kontos Kommentary The following commentary is produced monthly by Tom Kontos, Chief Economist, KAR Global. KAR Global is a leading provider of wholesale used vehicle auctions and ancillary remarketing services.1
IBIS Partner in the Spotlight Interview [Webcast]
1 MIN READ
In this webcast, the International Bodyshop Industry Symposium (IBIS) interviewed Debbie Day, executive vice president and general manager of Mitchell's Auto Physical Damage division, and Olivier Baudoux, senior vice president of global product strategy and artificial intelligence.
Silver Linings in 2020 [Video]
Watch Alex share some silver linings from 2020, with recommendations on how to leverage this year’s positive trends to help you find greater success.
Cracking the Code: What DTCs Tell Us About Vehicle Repair Trends
Diagnostic scanning has become a critical first—and last—step in the repair process. While mechanics have long relied on it to identify emission system malfunctions, collision repairers are now more routinely performing pre- and post-scans.
Average Length of Rental for Repairable Vehicles: Q2 2020
The quarterly LOR summary is produced by Enterprise Rent-A-Car. Through its ARMS® Automotive Suite of Products, Enterprise provides collision repair facilities with free cycle time reporting with market comparisons, free text/email capability to update their customers on vehicle repair status, and online reservations. More information is available at armsautosuite.com.
ADAS Vehicles Are Here...But Are You Ready?
From pedestrian detection to lane departure warnings, Advanced Driver Assistance Systems (ADAS) are quickly becoming standard. Today there are nearly 64 million automobiles with ADAS on U.S. and Canadian roads. While the added safety features are designed to protect consumers by reducing accidents and fatalities, they introduce new challenges for collision repairers. Among the biggest obstacles to a proper repair are training and technology.
Current Used Vehicle Market Conditions: Q2 2020
Building on a May rebound, wholesale prices in June rose by nearly 10% month-over-month.