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Auto Physical Damage

Top Collision Industry Trends to Watch in 2024

Event Details
Start: January 25, 2024 @ 12:00PM MST End: @ Location: Online Event

2 p.m. ET, 1 p.m. CT, 11 a.m. PT

Over the last several years, the collision industry has faced unprecedented challenges. Will 2024 produce more of the same? In this live CIECAST webinar, Mitchell’s Director of Claims Performance, Ryan Mandell, will discuss the most consequential trends affecting collision repairers, auto insurers and vehicle manufacturers this year. Those trends include the impact of:

  • More trucks, SUVs and luxury automobiles on the road
  • Fluctuating vehicle prices on total loss frequency
  • Rising average repairable claims severity
  • Inflation and ongoing supply chain disruptions
  • Advanced Driver Assistance Systems (ADAS) associated with the repair process
  • Increasing refinish and labor costs
  • Record-breaking electric vehicle sales

Click the link below to register or visit the CIECA website for other .

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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).

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Mitchell and Protech Automotive ³Ô¹ÏÁÔÆæ, the largest national provider of ADAS diagnostic scanning and calibration services, today announced that they have signed an agreement to integrate Protech’s ADAS ID3 solution with Mitchell’s Diagnostics as a Service (DaaS) platform and Predictive ADAS functionality.

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Mitchell Technology to Power New Virtual Estimating Service from Collective

October 16, 2024

Mitchell today announced that its software solutions are powering a new virtual estimating service from Collective Sourcing, LLC. Created for U.S. auto insurers, the service is designed to reduce claims processing time by combining Mitchell’s damage appraisal technology with auto technical specialists at Collective.

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