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Auto Physical Damage Podcast

Episode 13: Not Your Father's Ride

Much has changed since the first advanced driver assistance systems were introduced and today’s “rides” bear little resemblance to those of the past. Matt Moore, senior vice president at the Highway Loss Data Institute, joins the show to explain how the complexity and construction of modern vehicles affect claims frequency and severity. He also shares current trends in consumer driving behavior that have led to an increase in accidents and fatalities.
Auto Physical Damage Article

Current Used Vehicle Market Conditions: Q2 2023

4 MIN READ

Average 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 Physical Damage Conference

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.
Auto Physical Damage Article

Plugged-In: EV Collision Insights Q1 2023

3 MIN READ

In 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.
Auto Physical Damage Article

Average Length of Rental for Repairable Vehicles: Q1 2023

10 MIN READ

Length of Rental (LOR) in Q1 2023 was 18.7 days, an increase of one-half day from Q1 2022.
Auto Physical Damage Conference

Midwest Collision Repair Trade Show and Conference 2023

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.
Auto Physical Damage Article

Current Used Vehicle Market Conditions: Q1 2023

3 MIN READ

Average 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.
Auto Physical Damage Podcast

Episode 9: The EV Revolution and What’s Next for the Auto Insurance Industry

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.