Auto body repair prices in July up less than two percent compared to year ago. Auto insurance prices were up nearly 6 percent during the same period. The most recent government figures on inflation through July 2017 indicate the rate of growth of auto body repair prices has declined slightly bringing it closer to the […]
Traffic Volume Growth Accelerates in May
May vehicle traffic growth rate 83 percent higher than April. Traffic volume up 2.2 percent for the month. Travel volume in May continued to grow following the rebound in April after slower growth in March. The growth is continuing the trend of increased driving that has led to increasing collision repair industry volume and auto […]
Length of Rental Growth Slowdown Continued in Q2 2017
According to the latest research from Enterprise Rent-A-Car, the slowdown in the growth U.S. collision repair industry’s average length of rental that began in the first quarter continued in the second. Average Length of Rental (LOR) in the Second Quarter 2017 landed at 11.54 days, representing only a fractional rise of .07 days versus […]
Collision Claims, Frequency and Losses Up in First Quarter
Auto physical damage indicators influencing the collision repair industry increased in the first quarter of 2017. Losses on collision claims up nearly 10 percent compared to previous year. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims and losses continued to grow in […]
Collision Repair Industry Production at Record Levels in April
Growth returns in to the collision repair industry in April after a down month in February and soft March results. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that total production for the collision repair industry was up in April to record levels. April’s […]
Collision Repair Industry Market Profile by State
Key statistics on the collision repair industry including the number of independent and dealer facilities, non-employer receipts and estimated market size by U.S. state. With the latest statistics available from U.S. Government sources, combined with data from the National Automobile Dealers Association (NADA), and CollisionWeek original research we can now provide a detailed analysis of […]
Collision Repair Industry Business Conditions: Q1 2017
Collision repair shops reporting higher sales and earnings overall compared to 2016 decreased during the first quarter. The CollisionWeek quarterly survey of business conditions reported by collision repair facility owners and managers indicates that the overall percentage of facilities with higher sales decreased in the first quarter of 2017 compared to 2016. The overall percentage […]
Traffic Volume Growth Bounces Back in April
After the blizzard in the Northeast impacted March vehicle traffic, April’s growth rate was 50 percent higher. Traffic volume up 1.2 percent for the month. Travel volume in April rebounded after slower growth in March, continuing the trend of increased driving that has led to the growth in both auto physical damage insurance claims and […]
U.S. Body Repair Prices, Auto Insurance and Inflation Through May 2017
Auto body repair prices in May up more than two percent compared to year ago. Auto insurance prices were up 7 percent during the same period. The most recent government figures on inflation through May 2017 indicate the rate of growth of auto body repair prices continue to increase slightly above the rate of inflation […]
Backyard Competition: Analysis of U.S. Collision Repair Non-Employers
The number of small collision repairers in the U.S. without employees, and their sales, remain near record levels. As the collision repair industry continues to grow following the recession as evidenced by our reports detailing the number of independent repair facility with payroll and collision repair production, the number of smaller repairers, those without payroll, […]