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Collision Repair Industry Production Down Slightly in July

October 28, 2016 By CollisionWeek Editor

Collision Repair Industry Production July 2016

While production employment declined, hours worked increased in July compared to June. Production remains above 2015 levels. 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 down in July versus the previous month, but was up […]

Filed Under: Research Tagged With: Collision Repair Industry Production

U.S. Length of Rental Trend Continues in Third Quarter

October 25, 2016 By CollisionWeek Editor

U.S. Length of Rental

According to the latest research from Enterprise Rent-A-Car, the U.S. collision repair industry’s average length of rental continued to increase in the third quarter of 2016. Continuing the recent trend, U.S. Length of Rental (LOR) increased by .5 days in the third quarter versus the same period the previous year (11.4 to 11.9) powered by […]

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

Collision Claims, Frequency and Losses Grew in the Second Quarter

October 13, 2016 By CollisionWeek Editor

Major auto physical damage indicators influencing the collision repair industry continued to increase across the board but at rates below the first quarter. Losses on collision claims up 9.6 percent for year ending in the second quarter. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private […]

Filed Under: Research Tagged With: Claim Frequency, Claims, Losses

Rhode Island Releases 2016 Labor Rate Survey Reports for Class A and B Collision Repair Facilities

September 23, 2016 By CollisionWeek Editor

2016 Rhode Island Collision Repair labor rates

Latest survey is the first to require insurers to report labor rates based upon two tiered licensing structure. Do Class A repairers get paid more than Class B? The Rhode Island Department of Business Regulation released its Auto Body Labor Rate Survey reports for 2016. The report is the first to take into consideration the […]

Filed Under: Research Tagged With: Labor Rates, Licensing, Rhode Island

Big 4 Collision Repair MSO Locations Approach 1500 in North America

September 20, 2016 By CollisionWeek Editor

Big 4 MSO Growth

ABRA, Boyd, Caliber and Service King continue growth in new locations during 2015. Unit growth slows in 2016. 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 so far in 2016 compared to previous years, the Big […]

Filed Under: Research Tagged With: ABRA, Big 4, Boyd Group, Caliber Collision Centers, MSO Repair Center Growth, Service King Collision Repair Centers

Collision Repair Industry Production Down in June

September 8, 2016 By CollisionWeek Editor

Both production employment and hours worked declined in June compared to May. Production remains above 2015 levels. 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 down in June versus the previous month, but was up […]

Filed Under: Research Tagged With: Collision Repair Industry Production

Traffic Volume Jumps 3.2% in June

August 24, 2016 By CollisionWeek Editor

The growth in traffic rebounds in June. All regions reported higher traffic volume in June versus 2015. Travel for the month of June is estimated at 282.3 billion vehicle miles nationwide according to the most recent data released by the Federal Highway Administration. The June result continues the trend of increased driving that had led […]

Filed Under: Research Tagged With: Vehicle Miles Traveled

Collision Claims, Frequency and Losses Grew in First Quarter

August 4, 2016 By CollisionWeek Editor

Collision Claims and Losses

Major auto physical damage indicators influencing the collision repair industry continued to increase across the board. Losses on collision claims up 9.9 percent for year ending in first quarter. 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 […]

Filed Under: Research Tagged With: Claim Frequency, Claims, Losses

U.S. Length of Rental Upward Trend Continues in Second Quarter

August 2, 2016 By CollisionWeek Editor

According to the latest research from Enterprise Rent-A-Car, the U.S. average length of rental continued to increase in the second quarter of 2016. Overall U.S. Length of Rental (LOR) increased .5 days in Q2 2016 from 11 billed days in 2015 to 11.5, although the change varied greatly by state and region. As with Q1, […]

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

Traffic Volume Increased 2% in May

July 27, 2016 By CollisionWeek Editor

With the rate of growth in vehicle miles traveled slowing, one region reported lower traffic volume in May versus 2015. Travel for the month of May is estimated at 279.4 billion vehicle miles nationwide according to the most recent data released by the Federal Highway Administration. The May result continues the very positive trend leading […]

Filed Under: Research Tagged With: Vehicle Miles Traveled

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