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Auto Physical Damage Article

Plugged-In: EV Collision ºÚÁÏÉçÇø 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

Texas Auto Body Trade Show 2024

With the goal of bringing together automotive repair professionals across the broader Southwest region, the Auto Body Association of Texas (ABAT) is once again hosting the Texas Auto Body Trade Sho
Auto Physical Damage Podcast

Episode 12: Balancing Act: Managing Rising Costs without Compromising Safety

Auto claim costs continue to grow—requiring an even greater focus on expenses. In this episode, Ryan Smith, vice president of claims and salvage operations at Saskatchewan Government Insurance Corporation (SGI), shares how his organization is successfully balancing this cost increase with its commitment to high-quality collision repairs by prioritizing safety, ingenuity and industry collaboration.
Auto Physical Damage Article

Plugged-In: EV Collision ºÚÁÏÉçÇø Q1 2024

3 MIN READ

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.
Auto Physical Damage Conference

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.
Auto Physical Damage Conference

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.
Auto Physical Damage Podcast

Episode 11: Banking on the Automotive Aftermarket

Shop consolidation. Vehicle complexity. Rising repair costs. All these factors can affect investment strategy in the automotive aftermarket. Steve Huntzinger, co-founder of Dunham Lane Capital Partners, joins the podcast to highlight the opportunities and challenges impacting both the automotive collision industry and its investors.
Auto Physical Damage Article

Current Used Vehicle Market Conditions: Q1 2024

4 MIN READ

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.