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 […]
Collision Repair Industry Production Down in March
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 […]
U.S. Auto Body Repair Price Growth Dropped Below General Inflation in April
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, […]
Wholesale Used Vehicle Prices Down in March Compared to 2017
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, […]
Collision Repair Industry Production Down in February
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 […]
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