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Collision Repair Industry Production Down Slightly in August

November 21, 2017 By CollisionWeek Editor

Collision Repair Industry Production August 2017

After achieving record levels of production, production declined slightly in August compared to July, but was up versus 2016. 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 in August declined slightly from the record levels it […]

Filed Under: Research Tagged With: Collision Repair Industry Production

October Wholesale Used Vehicles Down from September

November 20, 2017 By CollisionWeek Editor

Wholesale prices remain above previous year levels. According to the ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, the average wholesale prices in October were down only modestly month-over-month and were up year-over-year, bolstered by lingering impacts from hurricanes Harvey and Irma. Generally, lower used vehicle prices increase pressure on the number of […]

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

Length of Rental Growth Slowed in Third Quarter

November 13, 2017 By CollisionWeek Editor

U.S. Length of Rental Q3 2017

According to the latest research from Enterprise Rent-A-Car, the slowdown in the growth of the  U.S. collision repair industry’s average length of rental that began in the first quarter continued through the third. Average Length of Rental (LOR) for Q3 2017 landed at 12.1 days in the United States, an increase of just .2 days […]

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

Traffic Volume Growth Slowdown Continued in August

November 8, 2017 By CollisionWeek Editor

Traffic Volume

August 12 month traffic growth rate at lowest rate for the year. Traffic volume up 1.4 percent for the month. Travel volume in August continued to increase, though at a smaller rate than recent years. The growth is continuing the trend of increased driving that supports increasing collision repair industry volume and auto physical damage […]

Filed Under: Research Tagged With: Traffic Volume

U.S. Auto Body Repair Prices, Auto Insurance and Inflation Through September 2017

October 19, 2017 By CollisionWeek Editor

Auto body repair prices in September up more than three percent compared to year ago. Auto insurance prices were up over eight percent during the same period. The most recent government figures on inflation through September 2017 indicate the rate of growth of auto body repair prices has increased slightly taking it to nearly 1 […]

Filed Under: Research Tagged With: Auto Body Repair Prices

Collision Claims, Frequency and Losses Up in Second Quarter

October 17, 2017 By CollisionWeek Editor

Claims Losses Q4 2016

Auto physical damage indicators influencing the collision repair industry continued to increase in the second quarter of 2017. Losses on collision claims up nearly 10 percent compared to previous year. 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 […]

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

Collision Repair Industry Production Remains at Record Levels Through July

October 13, 2017 By CollisionWeek Editor

Collision Repair Industry Production

For the fourth consecutive month, the collision repair industry in July achieved record levels of production. 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 in July remained at record levels. The industry’s total production, which we […]

Filed Under: Research Tagged With: Collision Repair Industry Production

Collision Repair Industry Business Conditions: Q2 2017

September 28, 2017 By CollisionWeek Editor

Collision repair shops reporting higher sales and earnings overall compared to 2016 increased during the second 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 increased in the second quarter of 2017 compared to 2016. The overall percentage […]

Filed Under: Research Tagged With: Business Conditions

Traffic Volume Growth Slows in June

September 22, 2017 By CollisionWeek Editor

Traffic Volume

June vehicle traffic growth rate 55 percent lower than May. Traffic volume up 1.2 percent for the month. Travel volume in June continued to grow following the rebound in April and May. The growth is continuing the trend of increased driving that supports increasing collision repair industry volume and auto physical damage insurance claims across […]

Filed Under: Research Tagged With: Traffic Volume

Collision Repair Industry Production Reaches New Record in May

August 30, 2017 By CollisionWeek Editor

For the second consecutive month, the collision repair industry in May achieved record levels of production. 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 up in May to record levels. May’s performance builds up April’s […]

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

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