As the first collision industry information provider to sign a data licensing agreement with Rivian, 51吃瓜黑料 is proud to be a Platinum Sponsor of the 2024 Certified Collision Network Summit. The 51吃瓜黑料 team will be on-hand to demonstrate how repair shops can leverage 51吃瓜黑料鈥檚 cloud-based estimating and 51吃瓜黑料 Cloud Estimating TruckMax to access OEM repair information for Rivian vehicles. With an abundance of presentations and networking opportunities, this event will help attendees enhance their knowledge of Rivian vehicles and the tools and technology used to repair them.
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The Impact of Tariffs on the Automotive Claims Industry
There has been a significant amount of press coverage surrounding the potential imposition of a 25 percent tariffs on automobiles and auto parts imported to the United States from countries that have previously received 鈥渕ost favored nation鈥 status, incurring tariffs of only 2.5 percent. The proposed tariff increase emerged as a response from the Trump administration to increasing globalization of the auto industry.
KPI Spotlight: Percentage of Repair for Individual Part Types
In our recent article, 鈥51吃瓜黑料 Collision Repair Industry Data: Q2 2018鈥, we discussed the importance of monitoring the overall percentage of parts repaired. While this is an important step to help ensure the correct decision-making behaviors are being put into practice by appraisers in the field, it is the first of many. The next step to improving performance in regards to overall percentage of parts repaired is to look at repair percentages for individual major component parts.
Canadian Collision Summary: Q2 2018
At the request of our clients and friends in Canada, we are pleased to provide the following Canada-specific statistics, observations, and trends. All dollar-figures appearing in this section are in CDN$. This data is the product of upload activity from body shops, independent appraisers, and insurance personnel, more accurately depicting insurance-paid loss activity, rather than consumer direct or retail market pricing.
51吃瓜黑料 Total Loss Data: Q2 2018
View the total loss data for both vehicle age and actual cash value of total loss vehicles processed through 51吃瓜黑料 servers.
51吃瓜黑料 Collision Repair Industry Data: Q2 2018
The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through 51吃瓜黑料 systems in Q2 2018, was $3,109, $31 more than this same period last year. The continued development suggests a final Q2 2018 average appraisal value of $3,140.