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Electric vehicles, given their higher acceleration rates, may be more accident-prone than their slower counterparts, according to new insurance data. This is particularly relevant as many newer electric vehicles boast zero-to-60 mph times that rival or exceed those of high-performance gasoline cars.
Only seven electric vehicles have received the Insurance Institute for Highway Safety's Top Safety Pick Plus award in 2025. When the Insurance Institute for Highway Safety (IIHS) published the first Top Safety Picks in 2025, it announced that these were tested against an updated rule set.
Insurance claims, arguably the largest driver of revenue, were down which directly impacted collision topline. If a vehicle gets too expensive to repair, insurance companies are more likely to write it off, depriving the market of revenue. Many independent shops went out of business.
Despite looming trade challenges, battery electric vehicle (BEV) sales remained strong in the first quarter, making up nine per cent of new vehicle sales in the U.S. Their impact is especially pronounced for BEV manufacturers, and insurers will need to work closely with repair partners to navigate these changes.
This allows you to gain deep technical expertise with specific systems and technologies, especially useful if you’re training to be a hybrid and electric vehicle mechanic. Pay structures may include hourly wages or flat-rate systems, with benefits like health insurance and retirement plans. A dealership is a solid choice.
In 2014, the Accord was equipped with electric power steering. Being attentive to the electrical system and the condition of the battery can prevent such situations from getting worse, leaving the driver in the middle of nowhere. Does car insurance cover these maintenance problems for Hondas? The good news?
The Insurance Institute for Highway Safety (IIHS) has released the preliminary list of vehicles tested according to the 2025 criteria. Only seven MY2025 electric vehicles got the coveted Top Safety Pick Plus award, and no Tesla model is among them. continue reading. )
When combined with electric vehicle technology, the potential reductions in emissions are even greater. Insurance Implications : Current insurance models, based on driver fault, may not apply to AVs. These vehicles can optimize speed and acceleration, lowering fuel consumption.
In 2024, Hertz decided to sell off many of its electric vehicles (EVs). OEMs like Tesla and Rivian all have service information websites online for their all-electric lineups. Consider this: insurance analysts at LexisNexis found that EV owners frequency of insurance claims has increased by about 14.3%
Indeed, it includes such aspects as vehicle purchase, repairing your semi truck, fuel, and oil, regular maintenance, drivers wages, insurance, taxes, etc., These are fixed and variable costs, for example, acquisition, fuel, repairs, insurance, drivers’ wages, taxes, and tolls.
How Remote Diagnostics Work Remote diagnostics is the ability to assess a vehicle’s condition using wireless data. Why Telematics Matters for Your Auto Mechanic Career Here’s the reality: customers expect faster service, fewer surprises, and smarter diagnostics.
The roads of Dallas-Fort Worth are increasingly populated with electric vehicles (EVs), from sleek Teslas to innovative Rivians and Ford Mustang Mach-Es. Choosing the Right Repair Shop for Your Electric Car When your EV sustains hail damage, choosing the right repair shop is paramount.
Moisture: Moisture entering the solenoid housing can lead to corrosion of electrical parts within the starter circuit, reducing conductivity and efficiency. The final cost depends on your location, vehicle model and make, taxes, as well as insurance coverage. Still have some questions about the starter solenoid?
Identify the range of services your business will offer, such as general repairs, diagnostics, or specialty services like electric vehicle maintenance, and consider how these services might expand in the future. For instance, prepare for the growing demand for electric vehicle maintenance and advanced driver-assistance systems calibration.
In 2024, Hertz decided to sell off many of its electric vehicles (EVs). OEMs like Tesla and Rivian all have service information websites online for their all-electric lineups. Consider this: insurance analysts at LexisNexis found that EV owners frequency of insurance claims has increased by about 14.3%
Mixed Views on Electric Vehicle Sales and Market Expectations Dealers’ views on electric vehicle (EV) sales improved in Q1 compared to the previous quarter and last year. Expectations for the electric vehicle market rose in Q1. The score of 58 is higher than year-ago levels and above last quarter. Dealer Sentiment on U.S.
Here are a few simple driving habits that can make a big difference: Avoid sudden acceleration Try to maintain a steady speed Cut down on unnecessary idling If you want to take fuel efficiency to the next level, consider upgrading to a hybrid or electric car. Heres how: Shop around every year to find better rates.
In 2024, Hertz decided to sell off many of its electric vehicles (EVs). OEMs like Tesla and Rivian all have service information websites online for their all-electric lineups. Consider this: insurance analysts at LexisNexis found that EV owners frequency of insurance claims has increased by about 14.3%
Additional repairs: You may also need to address issues with your transmission, cooling system, electrical system, fuel system, engine mount, and drivetrain. Check your insurance policy : If you have a newer vehicle and a comprehensive car insurance plan, it may cover some or all of the engine replacement costs.
Do electric vehicles really offer a lower cost of ownership than gas-powered vehicles? The automotive data firms 2025 Electric Vehicle Cost of Ownership Analysis found 44% of the 54 EV models studied had a lower total cost of ownership over five years than a similarly equipped gasoline alternative a drop from 49% in the 2024 study.
Electric and Hybrid Options Ford’s electrified lineup is expanding rapidly. The Mustang Mach-E brings electric performance to the SUV world. You need to consider fuel economy differences, insurance costs, maintenance expenses, and resale value projections. But purchase price is just the beginning.
Dan Stander “The repair industry faces unprecedented challenges with new vehicle technologies, but there’s an incredible opportunity in how we respond together,” says Stander, whose leadership style emphasizes finding common ground between repairers, manufacturers, insurers, and educators.
Enhanced in-system and multi-systems data analysis, as well as additional diagnostic aids for today’s vehicles with increasingly complex electrical systems, were most needed, users said. It features over 100 verified experts who are insured and experienced. The service handles around 4,000 orders each month.
Electric Vehicles and Environmental Policy Republicans are eager to rescind or claw back many policies approved over the last four years that are poised to dramatically increase the number of electric vehicles (EVs) in the United States. Insurance The federal government wields little authority to regulate the auto insurance industry.
According to the Insurance Institute for Highway Safety, the 2025 Audi Q6 e-tron is Top Safety Pick+ material. To earn this accolade, the Audi-branded twin of the Porsche Macan Electric has aced every single crashworthiness, avoidance, and mitigation test the nonprofit organization threw at it.
Being in a family independent shop, you are responsible for every aspect of the business from marketing to HR to operations, sales, even hiring, firing, negotiating insurance policies just everything you can think of. Transitioning Into Corporate Structure The transition has benefited Fox, though there were learning curves.
“Understanding those codes would lead to faster, more accurate repairs and no surprises for the insurance companies when it comes to resubmittal for more parts or more repairs on these cars. ADAS is half electrical, half physical. But also when you’re scanning these cars, the repairs that are not associated with codes or dashlights.
Ensure the Vehicle is Ready — The vehicle should be inspected to make sure it’s in good running order, which is especially important for pre-owned vehicles — you don’t want the vehicle dying or running out of gas or electricity on the drive. The sales consultant should also be familiar with the vehicle, its features and its capabilities.
If you thought the electric vehicle revolution was slowing down, think again. Historically rooted in the electrical and utilities sector, Wesco is now a major force in EV charging infrastructure. Not just safer roads, but potentially lower insurance premiums and fewer liabilities for fleet operators. The result? The bottom line?
Campground fees: From luxurious RV resorts with full hookups (including water, electricity, and sewer connections) to rustic public lands, nightly rates range from $20 to $100/night. Insurance: Rates can vary depending on RV class, state, and usage type (full-time or recreational).
Software glitches: Bugs and defects are common in any electrical system and can affect the ESC system. NOTE: The Insurance Institute for Highway Safety constantly highlights the importance of implementing ESC in all modern vehicles as it’s a critical safety feature. How Much Does it Cost to Fix the Service ESC Light?
The automotive industry is experiencing a noticeable shift in consumer behavior and market dynamics, particularly in regard to finance and insurance (F&I) products. The rise of electric vehicles (EVs) and hybrid plug-in sales is another factor shaping the F&I landscape. With 17.3%
From Reuters : Chinese electric vehicle maker BYD on Wednesday promised to take responsibility for losses to cars with its Gods Eye assisted driving systems in smart parking scenarios in China. This is a big claim, but it comes with an even bigger one: BYD will take liability for any crashes that occur while Gods Eye is running.
Tesla has the deadliest cars on the road today. According to a new study from iSeeCars , Tesla vehicles have the highest fatal crash rate among all vehicle brands in the United States. The organization analyzed data from the U.S. Fatality Analysis Reporting System. Read more.
Electrical system checks: Moisture can damage wiring, connectors, and lights. Reduces insurance claims: Fewer accidents and breakdowns lead to a better driving record and lower premiums, which is an advantage for Orlando businesses with high on-road exposure. Undercarriage inspections: Rain and road debris can accelerate rust.
As we reflect on the 2024 automotive landscape, its clear that dealerships faced a year of significant challenges and transformations, particularly in finance and insurance (F&I). New vehicles, with their advanced technologies and longer warranties, call for a different set of F&I products compared to used vehicles.
It probably could have been saved if it wasnt valued so low by insurance. liter twin-turbocharged inline-three engine and four electric motors: two at the back wheels and one at the crankshaft. Most of the impact was on the passenger side and the crumple zones did their job so well that I barely felt the hit and no airbags deployed.
If your car’s engine or electrical system is malfunctioning or if you’re unsure about what the issue could be, it’s time to call for professional assistance. If you notice any electrical issues, like dashboard warning lights or malfunctioning lights, this could point to a more significant problem with your vehicle’s electrical system.
More Than You Probably Think By Collin Woodard July 13, 2025 11:25 am EST Lucid President Trump took a break from taking health insurance away from millions of people to announce a 50% tariff on all imported copper on Tuesday. Copper in EVs Kia Electric vehicles definitely use a lot more copper than gas-powered vehicles.
One of my techs asked for permission to work late on an electrical problem on a Pontiac Fiero, so I willingly gave it. Have you ever wondered why your insurance premiums or the worker comp rates for technicians are so high? Success was smiling on us and we were ready to hit the second year running hard. Then it happened.
After less than two years of ownership, they were able to sell the nearly $70,000 when new electric crossover for a measly $10,000. per mile in deprecation, and that doesnt take into account insurance or what it costs to charge the damn thing. All Rights Reserved Edmunds Sells Its Disastrous Fisker Ocean For A Loss Of $7.78
Source Modern problems need forward-looking solutions; nowhere is that truer than in the present-day automotive scene, where, as we see more technological advancements make their way into modern vehicles, we also notice an adjacent major shift in car insurance. How is Technology Shaping Car Insurance?
Canadians need more education around everything related to electric vehicles, a new report suggested. That includes more details about ownership, infrastructure and insurance.
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