The chart below illustrates the total loss data for both vehicle age and actual cash value of total loss vehicles processed through Mitchell servers.
Average Vehicle Age in Years
Average Vehicle Total Loss Actual Cash Value
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Auto Physical Damage
Podcast
Episode 4: What Vehicle Lightweighting Means for Collision Repair
Ryan and Edwin Pope, principal analyst at IHS Markit, discuss the growing use of lightweight materials in new automobile design and construction. While these alternatives are helping to improve safety, boost fuel economy and reduce costs, they are also creating new challenges affecting insurance claims and the delivery of proper and safe repair.
Auto Physical Damage
News Release
Mitchell Collaborates with Toyota to Provide Real-Time Access to Vehicle Recall Data
Collision repairers will receive instant notification of an open recall when the Vehicle Identification Number (VIN) is decoded.
Enlyte
News Release
Mitchell Q2 Industry Trends Report Examines Shifting Claims Technology and Mobility Patterns
As the world adjusts post-pandemic, Mitchell discusses the trends and technologies impacting the future of claims and collision repair.
Auto Physical Damage
Article
The Shift in Mobility Patterns
Just two years ago, some experts predicted the end of private vehicle ownership and the growth of shared mobility or Mobility as a Service (MaaS). Then came COVID-19. Three trends have emerged, however, that are shaping mobility鈥檚 鈥渘ext normal鈥 and promising to have a long-lasting impact on the collision repair and auto insurance industries.
Auto Physical Damage
Article
AI and Its Impact on Automotive Claims
For more than six decades, innovators have attempted to unlock the full potential of artificial intelligence (AI). That dramatic growth has only accelerated over the last year due, in part, to the pandemic and a 鈥渘ew reality鈥. According to one report, 87% of carriers are now spending in excess of $5 million annually on these technologies, which is more than in the banking and retail sectors.
Auto Physical Damage
Article
Average Length of Rental for Repairable Vehicles: Q1 2021
Overall U.S. LOR for Q1 2021 remained stable compared to Q1 2020, with an increase of only 0.1 days. Since COVID鈥檚 impact on 2020 LOR was most evident in April鈥檚 increases, we may see a larger difference when analyzing LOR next quarter.