Auto Recycler Update What’s Up?.

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Presentation transcript:

Auto Recycler Update What’s Up?

State of the Industry Recycled parts usage remains steady (14.4%) Total loss trends continue up (23% of all claims?) Yet access to quality inventory remains our #1 problem (which impacts repairers and insurers)

CCIF Initiatives Standards Repairer Profitability Non-deployed Airbags ARA Damage Codes & Description usage Repairer Profitability Some insurers have increased their markup allowance Non-deployed Airbags Canadian Guidelines exist; ICBC and SGI use them Electronic Parts Procurement QRP active in 4 provinces; Allied active in 2 provinces

Emerging Issues Consolidation Internet Trading in Salvage CAR-MS/PRO merger LKQ and Greenleaf acquisitions Internet Trading in Salvage Cars (and your parts) are ending up around the globe

Auto Recyclers and ARC are pleased to work with the CCIF and its stakeholders and look forward to providing the view from our industry that impacts everyone.