The Canadian CARSTAR franchise network will celebrate its 30th anniversary in Victoria, BC by hosting its annual conference. Over the course of three days, the CARSTAR team, along with professionals from across the industry, will gather to celebrate this milestone, attend informational sessions and strengthen connections with one another during events like the vendor trade show.
In Q4 2022, electric vehicle (EV) repairable claims frequency rose to 1.1% in the U.S. and 2.26% in Canada. Tesla continues to dominate EV market share in both countries with 76.78% in the US and 70.21% in Canada. The Ford Mustang Mach-E moved up to fourth position in U.S. EV frequency, displacing the Tesla Model X. Q4 2022 also saw the first appearance of the Hummer EV in a U.S. collision repair facility (none reported in Canada thus far) as well as the Ford F-150 Lightning EV in a Canadian repair facility following its Q3 2022 debut in U.S. auto body shops.
SAN DIEGO, Calif.—Mitchell, an ºÚÁÏÉçÇø company and leading technology and information provider for the Property and Casualty claims and Collision Repair industries, today announced the availability of its latest trends publication: Plugged-In: EV Collision ºÚÁÏÉçÇø. The new quarterly report provides auto insurance and collision repair executives with up-to-date information on electric vehicle claims and market data.
As we have previously observed, historical trending of Length of Rental (LOR) has shown a fourth-quarter increase over the third quarter—usually brought about by winter weather, animal accidents and holiday travel.
Average wholesale used vehicle prices in December were down modestly versus November, yielding the seventh monthly decline in a row and another double-digit year-over-year drop. However, the rate of decline tapered greatly in December, and prices rose solidly during the first weeks of January.
Learn how this eco-friendly repair method is gaining support, underscoring the need for technology, training and professional standards.