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Wholesale Used Vehicle Prices Up in May

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Prices up both on a month-over-month and year-over-year basis. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, it would appear that the 2019 spring/tax season market started later but lasted longer than other years, as average wholesale prices were up on both a month-over-month and year-over-year basis in May.  Retail used […]

Collision Repair Industry Production Up Over 5% in March Compared to 2018

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Production was up in March versus both 2018 and the previous month in the U.S. 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 March 2019 was up compared to both March 2018 and February. However, production remains below […]

Traffic Volume Declined in February

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Compared to the same month in 2018, traffic volume in the U.S. was down in February. The 12-month rolling average sets new record. Travel volume in February decreased on a year-over-year basis. This is the first time that monthly traffic volume has declined compared to the previous year since September 2018. Since the decline in […]

U.S. Auto Body Repair Prices Grew Faster than Inflation Through First Quarter

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For the eighth straight month, the increase in body repair prices was above the rate of inflation. Auto insurance price increased below inflation in March. The most recent government figures on inflation through March 2019 indicate the rate of growth of auto body repair prices continues above inflation, but was down on a month-over-month basis. […]

Percentage of Dealers Operating Auto Body Shops Declined in 2018

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Both the percentage of dealers operating collision repair facilities and dealership shop sales decreased last year versus 2017. According to the latest research from the National Automobile Dealers Association (NADA), the percentage of dealership operating on-site body shops was down in 2018 versus the previous year. NADA’s research pegs the percentage of dealers operating on-site […]

Collision Claims Declined in Fourth Quarter

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Auto physical damage indicators influencing the collision repair industry declined during the fourth quarter of 2018 compared to the previous year. Growth in collision insurance coverage slows. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims decreased in the U.S. during the 12 […]

Collision Repair Industry Production Up in December

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Production was up in December versus both 2017 and the previous month. For the year, however, production declined. 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 2018 was up compared to both 2017 and November. Production remains […]

Just 3 of the Top 10 Largest Auto Insurers Grew Market Share During 2018 in the U.S.

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Overall market share of 10 largest private passenger auto insurers in the U.S. slightly down compared to 2017. For the first time in six years, the 10 largest private passenger automobile insurers saw their market share decline slightly in 2018 compared to the previous year. The top 10 insurers accounted for 72.17 percent of premiums […]

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