Mitchell report: Total losses trending downward

March 2008
South Texas Automotive Report;Mar2008, Vol. 10 Issue 6, p5
Trade Publication
The article discusses the first quarter findings of the 2008 Industry Trends Report released by Mitchell International. It analyzes the decline in the amount of total-loss insurance claims since 2004, citing that shifts in vehicle mix and difference in loss rates between vehicle categories have contributed to the downward trend. The entry also cites other trends, including the average Actual Cash Value appraised for collision losses, and the age of the U.S. passenger car population.


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