While below the rate of overall inflation in the U.S., auto body repair prices in July were up nearly three percent compared to a year ago. The most recent government figures on inflation through July 2018 indicate the rate of growth of auto body repair prices is increasing after slowing somewhat in the first few […]
U.S. Length of Rental Slightly Up in Q2 2018
Latest data from Enterprise Rent-A-Car show similar quarterly results to same quarter in previous two years. Average Length of Rental (LOR) for Q2 2018 landed at 11.6 days in the United States, an increase of .1 days compared to Q2 2017 according to Enterprise Rent-A-Car. This stagnation in the 2nd Quarter is now an official […]
Collision Repair Industry Market Profile by State – 2017
Key statistics on the collision repair industry including the number of independent and dealer facilities, non-employer receipts and estimated market size by sales in U.S. states for 2017. 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 […]
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, declined in 2016, but reported sales remain near record. As the collision repair industry continues to grow following the recession as evidenced by our reports detailing the number of independent repair facilities with payroll and collision repair production, the number of […]
Traffic Volume Up in May
Compared to the same month the previous year, traffic volume in the U.S. was up. The 12-month rolling average is at record levels. Travel volume in May increased on a year-over-year basis. The increase marks a return to growing traffic volume after a decline in April. Increased driving, coupled with higher numbers of new, insured […]
Collision Claims Up in First Quarter
Auto physical damage indicators influencing the collision repair industry improved during the first quarter compared to last year. Claims and losses continue above year ago levels. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims and losses increased in the U.S. during the […]
Collision Repair Industry Production Down in April
Production was down in April versus 2017 but up from March. Production hourly wage up, remains over 10 percent higher than previous year. 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 April, while recovering from lows earlier this […]
Big 4 Collision Repair MSO Locations Near 1800 in North America
ABRA, Boyd, Caliber and Service King continue to grow their total number of locations though annual unit growth and percentage growth has slowed somewhat since high in 2014. While the rate of acquisitions and new collision repair facility openings by the four large multiple collision repair shop operators (MSOs) in North America has slowed somewhat […]
Collision Repair Industry Business Conditions: Q1 2018
Collision repair shops reporting higher sales down 7.9 percentage points compared to 2017. Shops reporting higher earnings declined again in 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 was down slightly in the first quarter […]
Wholesale Used Vehicle Prices Down in April
Second consecutive month with year-over-year declines. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, average wholesale used vehicle prices registered their second consecutive year-over-year price decline in April. However, April prices were seasonally strong, despite softer retail demand. Prices appeared to be particularly strong for off-lease vehicles, which is testimony to […]