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U.S. Auto Body Repair Prices Up Nearly 4% in July Compared to Last Year

August 16, 2019 By CollisionWeek Editor

For the twelfth straight month, the increase in body repair prices was above the rate of inflation. Auto insurance prices increased below inflation for past five months. The most recent government figures on inflation through July 2019 indicate the rate of growth of auto body repair prices continues above inflation, marking a one full year […]

Filed Under: Research Tagged With: Auto Body Repair Prices, consumer price index, Inflation

U.S. Average Collision Repair Length of Rental Up in Second Quarter Compared to 2018

August 2, 2019 By CollisionWeek Editor

Latest data from Enterprise Rent-a-Car shows Mountain, Northwest and California regions had largest increases. For the third consecutive quarter, the average length of rental increased across the U.S. Average Length of Rental (LOR) for Q2 2019 landed at 11.8 days in the United States, an increase of .2 days compared to Q2 2018. Once again, […]

Filed Under: Research Tagged With: Enterprise Rent-A-Car, Length of Rental

Traffic Volume Up in May

July 31, 2019 By CollisionWeek Editor

Traffic Volume

Compared to the same month in 2018, traffic volume in the U.S. was up in May. The 12-month rolling average sets new record. Travel volume in May increased on a year-over-year basis. This is the third monthly increase on a year over year basis in  traffic volume since a monthly decline versus the previous year […]

Filed Under: Research Tagged With: Traffic Volume

Collision Claims Continued to Decline in First Quarter

July 25, 2019 By CollisionWeek Editor

Auto physical damage indicators influencing collision repair industry volume declined during the first quarter of 2019 compared to the previous year. 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 decreased in the U.S. during the 12 months […]

Filed Under: Research Tagged With: Claim Frequency, Claims, Earned Car Years, Losses

Collision Repair Industry Production Up 4% in April Compared to 2018

July 18, 2019 By CollisionWeek Editor

Production was up in April versus 2018 but down slightly from 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 April 2019 was up compared to April 2018 but declined versus March. Production […]

Filed Under: Research Tagged With: Collision Repair Industry Production

U.S. Auto Body Repair Prices Grew Faster than Inflation in First Half of 2019

July 12, 2019 By CollisionWeek Editor

For the eleventh straight month, the increase in body repair prices was above the rate of inflation. Auto insurance price increased below inflation for past four months. The most recent government figures on inflation through June 2019 indicate the rate of growth of auto body repair prices continues above inflation. For the first half of […]

Filed Under: Research Tagged With: Auto Body Repair Prices, consumer price index

Record Revenue Reported by U.S. Collision Repair Non-Employers

July 2, 2019 By CollisionWeek Editor

Non-Employer Collision Repair Revenue

Backyard Competition: While the overall number of individuals reporting collision repair income decreased, revenue increased to record levels in 2017. 2018 collision repair revenue projections updated. As the collision repair industry continues to grow as indicated by our reports detailing the number of independent repair facilities with payroll and collision repair production, the number of […]

Filed Under: Research Tagged With: Collision Repair Revenue, Non-Employer

Wholesale Used Vehicle Prices Up in May

June 20, 2019 By CollisionWeek Editor

Wholesale Used Vehicle Price Trends May 2019

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 […]

Filed Under: Research Tagged With: ADESA Analytical Services, Wholesale Used Vehicle Price Trends

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

June 7, 2019 By CollisionWeek Editor

Collision Repair Industry Production

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 […]

Filed Under: Research Tagged With: Collision Repair Industry Production

U.S. Average Length of Rental Up in First Quarter

May 16, 2019 By CollisionWeek Editor

Q1 2019 Length of Rental

Latest data from Enterprise Rent-a-Car shows Mountain and Pacific regions had largest increase. For the second consecutive quarter, the average length of rental increased across the U.S. Average Length of Rental (LOR) for Q1 2019 landed at 12.8 days, an increase of .3 days compared to the first quarter of 2018. As there was was […]

Filed Under: Research Tagged With: Enterprise Rent-A-Car, Length of Rental

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