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.
Partnering to Transform the Claims Journey
Peanut butter and jelly. Bacon and eggs. Coffee and cream. It’s hard to imagine one without the other. In fact, most would agree that they’re better together than apart. When it comes to business, the same can be said of great partners. Through shared vision and collaboration, successful partnerships have the power to delight customers, meet market needs and spark long-lasting transformation with the introduction of new, innovative solutions. Like any other market, the automotive insurance sector is dependent on fruitful alliances, especially those that use technology to enhance the claims process.
Current Used Vehicle Market Conditions: Q2 2020
Building on a May rebound, wholesale prices in June rose by nearly 10% month-over-month.
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.
Getting Into Insurance? The Insurance Industry Outlook is Brighter than Ever
Over the last decade, the insurance industry has undergone dramatic changes that have catapulted it to the forefront of the American consciousness, driven by advancements in technology, shifts in consumer demand and growth in creative advertising. Now the last several months have brought a tidal wave of new changes upon us, and forced the industry to innovate and operate in ways we never thought possible.
Average Length of Rental for Repairable Vehicles: Q1 2020
The quarterly LOR summary is produced by Greg Horn, Chief Innovation Officer for PartsTrader. Length of Rental Data provided by Enterprise. 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.