This year, Simplicity Car Care will host its annual conference in Banff. Designed for the organization’s Canadian collision centers—along with insurers, suppliers and other industry partners—the event focuses on driving repair efficiency across its network.
Electric vehicle (EV) repairable claims frequency rose to 1.86% in the U.S. and 3.14% in Canada in Q3 2023—up a modest 0.37% and 0.50% respectively from Q2. Tesla, the world’s largest EV manufacturer, accounted for over 70% of the EVs repaired in North American collision facilities last quarter.
ÌÇÐÄÉÙÅ® released its latest trends report: Plugged-In: EV Collision Insights. This quarter’s report examines total loss frequency for electric and ICE automobiles. In the U.S. and Canada from Q1 to Q3 2023, the EV total loss rate was 7.25% for models 2020 and newer. Luxury ICE automobiles had a rate of 7.47% versus 8.49% for all ICE vehicles.
ÌÇÐÄÉÙÅ® and Mazda North American Operations (MNAO) today announced that they have signed a contract renewal. Under the terms of the contract, ÌÇÐÄÉÙÅ® will continue to serve as program administrator of the Mazda Collision Network in the United States.
Average wholesale prices declined for the third month in July, although at a slightly more gradual rate than in June. Prices have so far stabilized in August and remain up by around 30% versus pre-pandemic.
ÌÇÐÄÉÙÅ® today announced that it received a 2023 Stratus Award for Cloud Computing from Business Intelligence Group. The organization’s annual awards program seeks to identify the companies, products and people offering unique solutions that take advantage of cloud technologies.