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Collision Claims Up in First Quarter

July 17, 2018 By CollisionWeek Editor

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 […]

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

Collision Repair Industry Production Down in April

July 16, 2018 By CollisionWeek Editor

Collision Repair Industry Production January 2000 to April 2018

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 […]

Filed Under: Research Tagged With: Collision Repair Industry Production, Employment, Wages

Big 4 Collision Repair MSO Locations Near 1800 in North America

July 12, 2018 By CollisionWeek Editor

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 […]

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 Business Conditions: Q1 2018

July 3, 2018 By CollisionWeek Editor

Collision Repair Business Conditions

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 […]

Filed Under: Research Tagged With: Business Conditions

Wholesale Used Vehicle Prices Down in April

June 11, 2018 By CollisionWeek Editor

Wholesale Used Vehicle Price Trends April 2018

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 […]

Filed Under: Research Tagged With: Wholesale Used Vehicle Price Trends

Collision Repair Industry Production Down in March

June 7, 2018 By CollisionWeek Editor

Production was down in March versus 2017 but up from February. Production hourly wage up 14 percent versus 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 March remained below the record levels it had achieved in […]

Filed Under: Research Tagged With: Collision Repair Industry Production, Employment, Wages

U.S. Auto Body Repair Price Growth Dropped Below General Inflation in April

May 30, 2018 By CollisionWeek Editor

Auto body repair prices in April were up less than three percent compared to year ago and dropped below the rate of overall inflation in the U.S. The most recent government figures on inflation through April 2018 indicate the rate of growth of auto body repair prices has declined somewhat over the past few months, […]

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

Wholesale Used Vehicle Prices Down in March Compared to 2017

May 14, 2018 By CollisionWeek Editor

First declines since August 2014 According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices the average wholesale used vehicle prices registered their first year-over-year price decline since August 2014, continuing the general softening pattern seen since the impact of the hurricanes waned in late 2017. Retail used vehicle sales, including CPO sales, […]

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

Collision Repair Industry Production Down in February

May 11, 2018 By CollisionWeek Editor

Production was down in February versus 2017 but up from January. Production hourly wage up over 9 percent versus 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 February continued to decline from the record levels it […]

Filed Under: Research Tagged With: Collision Repair Industry Production, Employment, Wages

Collision Repair Industry Length of Rental Up in the First Quarter

May 4, 2018 By CollisionWeek Editor

According to the latest data from Enterprise Rent-A-Car, the U.S. collision repair industry’s average length of rental increased during the first three months of 2018 Average Length of Rental (LOR) for Q1 2018 landed at 12.5 days in the United States, an increase of .4 days compared to Q1 2017. This represents a return to […]

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

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