Latest government data shows a significant decline in gasoline consumption and indication of declining traffic volume as stay-at-home orders impact driving. Data from the U.S. Energy Information Administration through March 27 showed gasoline consumption declined over 30 percent from mid-March. As can be expected given the growth in stay-at-home orders in states across the U.S., […]
Majority of Top 10 Largest Auto Insurers Grew Market Share During 2019 in the U.S.
The overall market share of 10 largest private passenger auto insurers in the U.S. increased compared to 2018. The 10 largest private passenger automobile insurers saw their market share increase in 2019, after a slight decline in 2018 compared to the previous year. The top 10 insurers accounted for almost three out of every four […]
Collision Repair Facilities Remain Open, Optimistic in Face of Coronavirus Crisis
All collision repair facilities responding to research were open, but have seen slowdowns due to coronavirus response. Industry businesses donating PPE to health care providers. Research conducted by CollisionWeek across U.S. collision repair facilities on March 19-20 shows collision repair centers have remained open in the face of the coronavirus response and remain optimistic about […]
Collision Repair Industry Production Up in December Compared to Previous Month and 2018
Average hours worked up for production and non-supervisory employees. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that collision repair industry production in December 2019 was up compared to December 2018 and up versus November. Production, however, remains below the record levels it had […]
Nearly 3 in 5 of the Largest U.S. Collision Repair Markets Reported Above Average Wage Growth in Third Quarter of 2019
An analysis of average weekly wages showed that a majority of the top 50 U.S. counties by auto body repair facility employment saw growth above the 4% U.S. average. An analysis of U.S. auto body repair facilities, employment and wages by county showed higher than average wage growth rates in the majority of the top […]
Traffic Volume Declined Slightly in November Compared to 2018
Compared to the same month in 2018, traffic volume in the U.S. was down slightly in November. However, the 12-month rolling average sets another new record. Travel volume in November decreased on a year-over-year basis. November’s result is the third monthly decline in traffic volume compared to the same month the previous year during 2018. […]
Collision Repair Industry Production Up in October Compared to 2018
Production and non-supervisory employment at record levels in U.S. collision repair facilities. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that collision repair industry production in October 2019 was up compared to October 2018 and up versus September. Production, however, remains below the record […]
U.S. Average Length of Rental Up in Fourth Quarter of 2019
Southwest region sees largest increase during the quarter. For the fifth consecutive quarter, the average length of rental (LOR) increased across the U.S. The latest data from Enterprise Rent-A-Car shows average LOR for the fourth quarter of 2019 landed at 13.1 days in the United States, an increase of .4 days compared to Q4 2018. […]
Collision Claims Up in Third Quarter of 2019
Auto physical damage indicators influencing collision repair industry volume improved during the third quarter of 2019 compared to the previous quarter. Loss cost continues to increase. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims increased in the U.S. during the 12 months […]
U.S. Auto Body Repair Prices Up Over 4.3% in December Compared to 2018
For the 17th straight month, the increase in body repair prices was above the rate of inflation. Auto insurance prices increased below inflation for the past ten months. The most recent government figures on inflation through December 2019 indicate the rate of growth of auto body repair prices continues above the rate of inflation, marking […]