Current Used Vehicle Market Conditions: Q2 2023
July 18, 2023
4 MIN READAverage 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.
Auto Glass Week 2023
Located at the Virginia Beach Convention Center, Auto Glass Week showcases the latest advancements and innovations in the OE and aftermarket auto glass repair, replacement and calibration industry.
Plugged-In: EV Collision Insights Q1 2023
May 16, 2023
3 MIN READIn Q1 2023, electric vehicle (EV) repairable claims frequency rose to 1.13% in the US and 2.41% in Canada, up a modest 0.03% and 0.15% respectively. While Tesla remains the dominant player, the company’s U.S. market share of repairable vehicles fell in Q1 2023 to 75.8% of all EVs repaired, down from 76.78% in Q4 2022. The Ford Mustang Mach-E continued to capture additional repairable market share as it maintained fourth position in U.S. EV frequency. The Cadillac LYRIQ and Rivian R1S sport utility vehicles entered U.S. collision repair facilities for the first time in Q1 2023.
Average Length of Rental for Repairable Vehicles: Q1 2023
May 15, 2023
10 MIN READLength of Rental (LOR) in Q1 2023 was 18.7 days, an increase of one-half day from Q1 2022.
Midwest Collision Repair Trade Show and Conference
Located in Kansas City, the Midwest Collision Repair Trade Show and Conference assembles the five active Midwest state associations to deliver an exclusive trade show for business owners, managers and staff.
Current Used Vehicle Market Conditions: Q1 2023
May 4, 2023
3 MIN READAverage wholesale used vehicle prices rose for the second consecutive month in February and well into March. Certified pre-owned (CPO) sales also rose in February despite short supplies of late-model vehicles, as OEMs have expanded their programs to include older models and consumers look for ways to fight inflation.
Episode 9: The EV Revolution and What’s Next for the Auto Insurance Industry
April 17, 2023
Ryan is joined by Damon Aldrich, Enterprise Holdings’ director of EV and infrastructure strategy, for an in-depth discussion on vehicle electrification. Together, they detail how the increase in EV adoption is affecting insurers, auto body shops and even rental car companies. They also identify what factors could hinder future EV market growth and prevent this segment of the car parc from reaching industry projections.