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.
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Caliber Signs Enterprise Agreement to License ̽»¨¾«Ñ¡ Cloud Estimating at All Locations
̽»¨¾«Ñ¡ and Caliber Collision announced they have signed a multi-year, enterprise licensing agreement. The agreement gives all current, and future, Caliber locations access to ̽»¨¾«Ñ¡ Cloud Estimating, Integrated Repair Procedures, a Paintless Dent Repair (PDR) Calculator and miScore.
Plugged-In: EV Collision Insights Q1 2023
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.
̽»¨¾«Ñ¡ Report Highlights Increase in Electric Vehicle Collision Claims
SAN DIEGO, Calif.—̽»¨¾«Ñ¡, an Enlyte company and leading technology and information provider for the Property and Casualty claims and Collision Repair industries, today reported that electric vehicle (EV) repairable claims frequency increased in Q1 2023 to 1.13% in the US and 2.41% in Canada. The data was featured in the company’s latest Plugged-In: EV Collision Insights publication, which provides up-to-date EV claims and market information to the auto insurance and repair industries.
Average Length of Rental for Repairable Vehicles: Q1 2023
Length of Rental (LOR) in Q1 2023 was 18.7 days, an increase of one-half day from Q1 2022.