Plugged-In: EV Collision Insights Q1 2024
June 4, 2024
In Q1 2024, electric vehicle (EV) repairable claims frequency rose to 2.26% in the United States and 3.41% in Canada, an increase of approximately 40% and 38% respectively over Q1 2023. Tesla price reductions late last year spurred precipitous price drops throughout the EV segment. As a result, price parity between EVs and vehicles with an internal combustion engine (ICE) may be coming faster than previously predicted.
Fix Network Canada National Conference 2024
Fix Network Canada’s 2024 National Conference is a premier gathering for its insurance partners, suppliers, franchisees and other industry professionals. The event begins with an engaging expo, followed by days filled with keynote presentations, insightful panels and networking opportunities.
Midwest Collision Repair Trade Show 2024
The Midwest Collision Repair Trade Show & Conference rallies the five active Midwest state associations to deliver an exclusive event for collision repair professionals in Kansas City. At the show, business owners, managers and staff are encouraged to attend educational presentations hosted by notable voices in the industry and engage in hands-on projects and trainings to expand their knowledge.
Current Used Vehicle Market Conditions: Q1 2024
April 16, 2024
Spring appears to have sprung in the wholesale market, as average prices jumped another four percent month-over-month in February and have continued to rise significantly in March. Retail used vehicle and CPO sales also showed February increases.
AI and Emerging Technology's Impact on Auto Claims
April 2, 2024
7 MIN READAuto insurers are facing unprecedented challenges this year as they try to balance the rising cost of claims with their commitment to making policyholders whole after a loss. In response, many are investing in artificial intelligence (AI) and other new technologies to both automate and accelerate the claims process.
Toyota Certified Collision Center Expo 2024
Toyota’s inaugural Certified Collision Center Expo invites collision industry partners to showcase their products and services. Join dealer principals, general managers, collision center owners, and collision center managers, as well as an estimated 300 Toyota Certified Collision Centers to explore new opportunities.
Plugged-In: EV Collision Insights 2023 Year in Review
March 7, 2024
2023 ended with electric vehicle (EV) repairable claims frequency at 1.97% in the United States and 2.86% in Canada. That represents an increase of more than 40% in both regions over the previous year. When compared to 2020, the frequency of claims for repairable EVs has more than tripled.