Insights
Plugged-In: EV Collision Insights Q2 2023
3 MIN READ
Electric vehicle (EV) repairable claims frequency rose to 1.49% in the US and 2.64% in Canada in Q2 2023, which is an increase of 0.36% and 0.23% respectively over Q1. Tesla, the largest EV manufacturer in the world, saw its U.S. market share of repairable vehicles fall to 74.57% of all EVs repaired.
CIECA Connex Conference 2023
CIECA Connex 2023 is an engaging, two-day conference on the theme "Connected Car | Connected Industry". Participants will hear about the impact of new and emerging technologies—including ADAS and autonomous features—on the collision industry and its delivery of proper, safe vehicle repairs.
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 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.
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.