The highly anticipated NORTHEAST automotive repair event is tailored to meet the diverse needs of professionals across the industry. The conference offers a mix of seminars, presentations, product demos and activities with opportunities for networking and learning. Discover the latest industry insights, procedures and cutting-edge products, all in one setting.
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.
Mitchell today released its Q1 2024 trends report: Plugged-In: EV Collision ºÚÁÏÉçÇø. This quarter’s report provides an update on EV total loss frequency, which has risen since late last year as the price of used EVs has fallen. In the U.S. and Canada, EV total loss rates were 9.93% and 7.48% respectively—an increase of approximately 8% from Q4 2023 and 30% from Q3 2023 in both regions.
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.
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.
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.