Top Collision Industry Trends to Watch in 2024
On-Demand
Over the last several years, the collision industry has faced unprecedented challenges. Will 2024 produce more of the same?
Plugged-In: EV Collision Insights Q3 2023
November 8, 2023
Electric vehicle (EV) repairable claims frequency rose to 1.86% in the U.S. and 3.14% in Canada in Q3 2023—up a modest 0.37% and 0.50% respectively from Q2. Tesla, the world’s largest EV manufacturer, accounted for over 70% of the EVs repaired in North American collision facilities last quarter.
Current Used Vehicle Market Conditions: Q3 2023
September 25, 2023
Average wholesale prices declined for the third month in July, although at a slightly more gradual rate than in June. Prices have so far stabilized in August and remain up by around 30% versus pre-pandemic.
NTHECC 2023 Fall Meeting
The National Truck and Heavy Equipment Claims Council (NTHECC) will host its 2023 Fall Meeting at the M
Plugged-In: EV Collision Insights Q2 2023
August 10, 2023
Electric vehicle (EV) repairable claims frequency rose to 1.49% in the US and 2.64% in Canada in Q2 2023, which is an increase of 0.36% and 0.23% respectively over Q1. Tesla, the largest EV manufacturer in the world, saw its U.S. market share of repairable vehicles fall to 74.57% of all EVs repaired.
CIECA Connex Conference
CIECA Connex 2023 is an engaging, two-day conference on the theme "Connected Car | Connected Industry". Participants will hear about the impact of new and emerging technologies—including ADAS and autonomous features—on the collision industry and its delivery of proper, safe vehicle repairs.
Current Used Vehicle Market Conditions: Q2 2023
July 18, 2023
Average wholesale used vehicle prices softened from their April peaks in May and into June. Retail used vehicle sales and Certified Pre-Owned (CPO) sales continue to be well below pre-pandemic levels.