An Enterprising Examination: Enterprise Q3 2023 data reveals effects of severe summer storms on total loss claims
Toronto, Ontario — Enterprise has recently released Q3 2023 data that reveals the overall collision-related length of rentals (LOR) in Q3 2023 is 16.3 days, a slight decrease from Q3 2022. Newfoundland and Labrador touts the lowest LOR across the country, according to Enterprise data, at 14.1 days—a full two days shorter than the second-shortest […]
On Track with Trends: Length of rental drops from 18.1 days to 16.8 days in Q2, Enterprise report says
Toronto, Ontario — New report, same problems—supply chain disruptions and parts and labour shortages have led to slightly longer rental periods for drivers across much of the country, according to Enterprise’s Q2 length of rental report. On a national scale, LOR increased by 0.8 from 16 to 16.8 days in 2023. This rate falls in […]
Tap and Go: Budget, Avis and Hertz on board with Uber Rent in Canada
Toronto, Ontario — Collision shops that offer rental vehicle services may want to take note, as the launch of “Uber Rent” in May has drivers re-thinking what the best options are for a temporary set of wheels. Via a new category within the Uber app, users can now use their phones to book a vehicle […]
Simple Successes: Cycle times up, but remain below industry average, says Simplicity annual report
Toronto, Ontario — After a tough but generally positive year for the orange banner, Simplicity Car Care is taking stock of its performance in the collision industry with Wednesday’s release of the company’s 2022 annual report. This past year came with its share of wins and losses for Simplicity, who reported general growth of its […]
Painting with Patience: Refinish times on the rise, according to new Enterprise LOR report
Toronto, Ontario — Enterprise’s latest Length of Rental report is out and comes bearing the news that the average first quarter rental length is up by three full days from last year, as parts and labour shortages persist throughout the industry. The report notes that while this spike in national average LOR from Q1 2022 […]
A Spark of Solidarity: Rising LOR and repair complexity demand industry alignment, Enterprise Q4 report says
Toronto, Ontario — Enterprise published its length of rental report for Q4 2022 on Tuesday, with results that, in one respect point to pre-pandemic levels of stability, but otherwise bear much of the same disheartening news as LOR reports of the recent past. Enterprise says that despite an average length of rental (LOR) increase of […]