Lucid Cuts 18% of Its Workforce: What the EV-Only Crisis Reveals About 2026
Lucid cut 18% of its workforce in June 2026, its second round of layoffs in four months. Here’s how that compares to Rivian, Fisker, and
Appraiser Blog
Explore the latest in appraisals and valuations. From industry trends to practical advice, we’re here to guide you through the complexities of valuing assets.
Why Hybrids Are Beating EVs in the 2026 Sales Race
Hybrid vehicles captured 15.9% of U.S. retail sales in July 2026, more than double the EV share of 7%, as the end of the federal
Why Vehicle Condition, Not Category Averages, Drives Diminished Value
New wholesale data shows vehicles priced by individual condition, not category averages. Here’s what that means if you’re fighting a diminished value or total loss
Letter of Representation vs. the Appraisal Clause: Why Your Appraiser Does Not Send One
Insurers sometimes demand a letter of representation to invoke the appraisal clause. The policy never requires it. Here is how to respond and keep moving.
How AI Insurance Claim Valuation Is Deciding What Your Car Is Worth
In 2026, software often decides your car’s value before an adjuster looks at the file. Here is how AI insurance claim valuation works, where it
How the Aging U.S. Fleet Is Changing Total Loss and Diminished Value
The average car on U.S. roads is nearly 13 years old, and that shift is pushing more vehicles into total loss while making valuations easier