In 2021, more than four in 10 Americans lived in a county hit by climate-related extreme weather, and 80 percent lived in places that experienced a multi-day heat wave.[1] The cost of these disasters has added up substantially and so far in 2022 there’s little relief on the horizon. Historically, extreme weather events are less […]
This month’s CCC Trends report is an in-depth look at the growing complexity of collision repairs given the proliferation of new technology in cars today. Anywhere from 20 to 60 percent of vehicles today have at least one Advanced Driver Assistance System feature. Backup cameras, blind spot monitoring, automatic emergency braking, forward collision – the […]
Vehicle repair and total loss costs have been on the rise. Surging new and used vehicle prices, the growing complexity of the cars themselves, and supply chain disruptions driving inflation in the cost of replacement parts are widely attributed to the jump. Here’s a deeper look at some of the market forces behind the shift: […]
As we head into 2022, the momentum for change is perhaps larger than we’ve seen in many years. The COVID-19 pandemic accelerated consumer and business adoption of technologies from mobile, to cloud, to AI, to more. Despite the rapid adoption of innovations, many of the top stories of 2021 underscored the interruptions caused by the […]
 Over the last two years, the collision repair industry has faced an environment of fewer repairs, increased technician shortages, growing vehicle complexity, and increased demand among customers for a digitized experience. The collision repair industry also continues to see increased consolidation across all parts of the industry, as demands for capital investment for training […]
 Much has been written about how the way people lived and worked changed as a result of the COVID-19 pandemic. There have been a number of key demographic trends worth noting; some market shifts were established before the pandemic, while others seemingly developed in response. In this issue of CCC Trends, we’re looking closely […]
With the COVID-19 pandemic still not fully behind us, it remains difficult to know just what life will be like once we emerge. Businesses continue to adapt, evaluating key issues like employee safety, supply-chain sourcing, and telecommuting. Key demographic factors like how and where people live and work, what habits they’ve formed during the pandemic, […]
The latest CCC Trends report analyzes emerging trends in electric vehicles. This year, the U.S. has joined numerous countries using the pandemic as an impetus to shift their vehicles in operation from internal combustion engine vehicles to electric vehicles (EVs). Driven by new federal requirements from the Biden administration, as well as competition with China’s […]
New traffic data shows that daily trips are returning to and even exceeding pre-pandemic levels, although commuting habits have changed as a result of the pandemic. Fewer people are commuting to work each day, but with more kids returning to in-person school, the number of trips during the middle of the day has increased. Our […]
Overall vehicle theft rose sharply in CY 2020. In addition to the economic downturn during the COVID-19 pandemic that has contributed to the rise in auto theft, a convergence of other economic trends have driven up demand for three precious metals across the globe: a) gasoline engines outselling diesel in Europe b) growth in light […]
