By Vincent J. Romans and Mary Jane Kurowski, The Romans Group
Part 2 of our annual series by Vincent Romans and Mary Jane Kurowski examines dealership collision repair facilities, franchise repair centers and $10-20 million MLOs.
OE Dealership Collision Repair Facilities
The National Automobile Dealers Association, NADA, estimates that 6,394 dealers processed $7.5 billion in collision repair revenue in 2014, an increase of $0.5 billion over 2013.
Despite the recent upward trends, the total number of new car dealerships operating collision repair facilities has declined significantly since 2006. NADA’s estimated 6,394 dealer-operated collision