First act was to start process to reset fuel economy standards. Sean Duffy was officially sworn in as the 20th Secretary of the United States Department of Transportation (USDOT) January 28. Secretary Duffy was administered the oath of office by U.S. Supreme Court Justice Clarence Thomas at the U.S. Supreme Court and was joined by […]
GM Recalls 2025 Chevy Equinox EV for Adaptive Cruise Control Software Defect Increases Crash Risk
General Motors, LLC (GM) has issued a recall for 2,890 Model Year 2025 Chevrolet Equinox EV all-wheel drive electric vehicles due to a malfunction in the adaptive cruise control system. The issue arises from incorrect brake module software, which may prevent the system from engaging the brakes as expected, thereby increasing the risk of a […]
Enlyte’s Trends Report Examines Year of Generative AI
As the use of generative AI continues to expand, 2025 is poised to be the year this technology significantly starts to change how Americans live and work. This is especially true in the P&C industry, as companies strive to balance efficiency and costs with investments in systems, training and change management. To help position insurance […]
December and Full Year U.S. Light Vehicles Sales Up
The year finishes with highest monthly new vehicle sales rate since May 2021. New light-vehicle sales finished the year strong in December, leading to a full-year sales total of 15.85 million units—an increase of 2.2% compared to 2023 according to the National Automobile Dealers (NADA) Market Beat report. The December 2024 seasonally adjusted annual rate […]
November New Light-Vehicle Sales Exceed Projections
Sales at highest rate since May 2021. Alternatively fueled vehicles nearly 20% of new vehicles sold this year. New light-vehicle sales in November 2024 beat expectations with a monthly SAAR of 16.5 million units, the highest since May 2021 according to the National Automobile Dealers Association (NADA). November’s SAAR also increased 6.7% from November 2023, […]
SEMA Urges President-Elect Trump to Reject EV Mandates
Responding to an active effort to convince President-elect Trump to retain the Biden-Harris Administration’s tailpipe rules and forgo a key campaign promise to halt electric vehicle mandates, the Specialty Equipment Market Association (SEMA) urged the incoming Administration to stay the course and reject widely unpopular electric vehicle mandates. SEMA’s letter to the President-elect follows a […]
U.S. Light Vehicle Sales Projected Up 6% in November Compared to Last Year
On an unadjusted volume level, S&P Global Mobility projects November U.S. light vehicle sales to reach 1.31 million units, growth of 6% from the year ago level. This would translate to a seasonally adjusted rate (SAAR) of 15.9 million units, on trend with the 16.0 million unit mark realized in October. “Retail sales are showing […]
Mitchell Reports Primary Point of Impact Contributing to Differences in Claims Severity for Battery Electric and Internal Combustion Engine Vehicles
The latest Mitchell data shows that gasoline-powered automobiles are more likely than their electrified counterparts to sustain costly front-end damage in an accident. Mitchell, an Enlyte company, announced the release of its Q3 2024 Plugged-In: EV Collision Insights report. This issue provides an overview of the point-of-impact and severity differences between repairable battery electric vehicles […]
Electric Vehicle Sales Mark Another Record in Q3
Higher incentives and more choices lead to growth in U.S. EV sales. According to new estimates from Kelley Blue Book, electric vehicle (EV) sales in the U.S. grew by 11% year over year in the third quarter and reached record highs for both volume and market share. According to the latest counts, an estimated 346,3091 […]
CCC Reports Total Cost of Repair Up 3.7% in First Half of 2024
Third quarter Crash Course report explores trends impacting auto claims and collision repair. CCC Intelligent Solutions Inc. (NASDAQ:CCCS) today published its Crash Course Q3 2024 Report, identifying the key trends that will shape the auto claims and collision repair industry in 2025. The report examines pressing challenges such as the impact of inflation and labor […]
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