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Auto Physical Damage Article

Plugged-In: EV Collision Insights Q3 2024

4 MIN READ

In Q3 2024, claims frequency for repairable collision-damaged battery electric vehicles (BEVs) rose to 3.01% in the U.S. and 3.97% in Canada, an increase of 47% and 26% respectively year over year (YOY). While BEV sales have slowed, they still represent 8% of new vehicle sales in the U.S. (up 11.3% YOY) and 9.49% in Canada (up 18.47% YOY).
Auto Physical Damage Conference

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
Auto Physical Damage Article

The Impact of Tariffs on the Automotive Claims Industry

3 MIN READ

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.
Auto Physical Damage Article

KPI Spotlight: Percentage of Repair for Individual Part Types

2 MIN READ

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.

Auto Physical Damage Article

Canadian Collision Summary: Q2 2018

2 MIN READ

At the request of our clients and friends in Canada, we are pleased to provide the following Canada-specific statistics, observations, and trends. All dollar-figures appearing in this section are in CDN$. This data is the product of upload activity from body shops, independent appraisers, and insurance personnel, more accurately depicting insurance-paid loss activity, rather than consumer direct or retail market pricing.
Auto Physical Damage Article

Mitchell Total Loss Data: Q2 2018

1 MIN READ

View the total loss data for both vehicle age and actual cash value of total loss vehicles processed through Mitchell servers.
Auto Physical Damage Article

Mitchell Collision Repair Industry Data: Q2 2018

5 MIN READ

The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through Mitchell systems in Q2 2018, was $3,109, $31 more than this same period last year. The continued development suggests a final Q2 2018 average appraisal value of $3,140.
Auto Physical Damage Article

Average Length of Rental for Repairable Vehicles: Q2 2018

3 MIN READ

Average Length of Rental (LOR) for Q2 2018 landed at 11.6 days in the United States, an increase of 0.1 days compared to Q2 2017. This stagnation in the 2nd Quarter is now an official trend after similar results in 2017 and 2016. 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 course.