This year, the Southeast Collision Conference—co-hosted by the Carolinas Collision Association (CCA) and the Washington Metropolitan Auto Body Association (WMABA)—immediately follows the Collision Industry Conference (CIC) Q2 meeting. With over 50 vendors and a robust educational program covering critical topics from ADAS to AI, the conference is set to deliver valuable insights, networking opportunities and a glimpse into the future of collision repair.
With hundreds of exhibiting companies and thousands of attendees,
ÌÇÐÄÉÙÅ® was founded in Glenn ÌÇÐÄÉÙŮ’s garage 70 years ago. The world has changed a lot since 1946, and ÌÇÐÄÉÙÅ® has evolved right along with it.
The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through ÌÇÐÄÉÙÅ® servers.
Does virtual reality have practical applications for the P&C and collision repair industries? While it may be too soon to say what the overall impact will be, we are seeing interesting applications that go beyond entertainment. Virtual reality is being used to train doctors, create architectural models, and test the safety of new car models in a virtual setting before manufacturing them. It’s easier to see the potential benefits of augmented reality.
The following commentary is produced monthly by Tom Kontos, Executive Vice-President, ADESA Analytical Services. ADESA is a leading provider of wholesale used vehicle auctions and ancillary remarketing services.
The initial average appraisal value, calculated by combining data from all first and third-party repairable vehicle appraisals uploaded through ÌÇÐÄÉÙÅ® systems in Q2 2017, was $3,046. Continued development suggests a final Q2 2017 average appraisal value of $3,143, which represents an increase of $122 compared to the same quarter last year.