Average Length of Rental for Repairable Vehicles: Q3 2018
Average Length of Rental (LOR) for Q3 2018 landed at 12 days in the United States which is even compared to Q3 2017. This is the second consecutive year that Q3 LOR has been flat versus the prior year. Once again, there was very little consistency between regions and states, suggesting that the quarterly result for the U.S. is not reflective of a genuine national trend.
SEMA Show 2019
The SEMA Show is the premier automotive specialty products trade event in the world.
Windshield Complexity and Their Role in ADAS Functionality
Advanced Driver Assistance Systems (ADAS) are rapidly becoming standard on new model vehicles with features such as emergency braking, lane departure warnings, dynamic cruise control, and blind spot detection. A critical component of these systems is the vehicle’s multi-function camera that is centrally mounted behind the top of the windshield. The presence of a “smart windshield” is widely expected to be the norm by the year 2020 on all new vehicles.
Property Damage Appraisers Gets Customers Back to Their Lives Faster by Helping Carriers Deliver on Their Promises
What began in 1963 as four fraternity brothers looking for additional work between classes has grown into a nationwide franchise organization. With 650+ appraisers serving thousands of clients, Property Damage Appraisers (PDA) completes an astonishing 450,000 estimates annually for auto, heavy equipment and property claims. How does a company that started as a college side project become one of the most successful damage estimating corporations in the nation?
The SEMA Show 2018
The SEMA Show is the premier automotive specialty products trade event in the world, drawing the industry’s brightest minds and
KPI Spotlight: Percentage of Repair for Individual Part Types
In our recent article, “Mitchell Collision Repair Industry Data: Q2 2018”, we discussed the importance of monitoring the overall percentage of parts repaired. While this is an important step to help ensure the correct decision-making behaviors are being put into practice by appraisers in the field, it is the first of many. The next step to improving performance in regards to overall percentage of parts repaired is to look at repair percentages for individual major component parts.
The Impact of Tariffs on the Automotive Claims Industry
There has been a significant amount of press coverage surrounding the potential imposition of a 25 percent tariffs on automobiles and auto parts imported to the United States from countries that have previously received “most favored nation” status, incurring tariffs of only 2.5 percent. The proposed tariff increase emerged as a response from the Trump administration to increasing globalization of the auto industry.
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