Report shows advanced technology is contributing to costlier repairs, higher claims costs and longer cycle times.
CCC Intelligent Solutions Inc. (CCC) announced it has published its 2024 Crash Course Report, which indicates that increasing vehicle complexity, combined with rising labor costs and shortages, are placing persistent pressure on both insurers and repairers.
New findings show that while vehicles may be safer, more capable of avoiding crashes and more environmentally friendly, advanced technology is contributing to costlier repairs, higher claims costs and longer cycle times. Additional factors, such as scheduling backlogs, have contributed to the 60% increase in the amount of time it takes for vehicles to enter repair shops after estimate completion, compared to pre-pandemic times.
Grew company from small machine shop to global leader in car lifts and garage equipment.
Continental said ContiConnect Lite helps fleet managers monitor the condition of their tires via bluetooth.
The deadline to submit an application is March 31.
This is the second consecutive year that AAPEX earned a spot in TSE’s Fastest 50 Class.
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TOPDON has donated over $66K to aid organizations & schools that are dedicated to preparing the next generation of technicians.
DENSO’s targets include reducing the carbon outputs of its global supply chain by 25%, by the 2030 fiscal year.