Major auto physical damage indicators continued to increase. Losses on collision claims up 10.1 percent in 2015 compared to 2014. 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 in 2015. The number of collision claims has grown […]
Independent Collision Repair Facility Population Increased in 2014
Latest data from U.S. Bureau of Labor Statistics confirms that trend of independent collision repair facility population growth that started in 2012. The latest available data from the U.S. Census Bureau County Business Patterns annual research series covering 2014 shows that the number of independent collision repair facilities with payroll increased slightly for the third […]
Police Reported Crashes Up Over 6% in 2014, 16% Due to Distracted Driving
According to research just released by the U.S. Department of Transportation’s National Highway Traffic Safety Administration (NHTSA) both the number of police reported crashes and the percentage that involved distracted driving increased in 2014. According to the report: The overall number of police reported crashes surpassed 6 million in 2014, up 6.6 percent from 2013 […]
Percentage of Dealers Operating Body Shops Flat in 2015
Body shop sales and wholesale parts sales both increased last year. According to the latest research from the National Automobile Dealers Association (NADA), 39 percent of dealerships featured on-site body shops in 2015, flat from 2014, but above the 36 percent in 2013. Based upon the percentages reported by NADA, there were approximately 6452 dealers […]
Impact of Rising Minimum Wages, Auto Body Repairer Wages in 2015 and Beyond
With legislation signed this week in both California and New York raising the minimum wage in stages to $15 an hour, CollisionWeek analyzes the latest government statistics for wages for auto body repair technicians in the largest metropolitan areas across the country. With the signing of legislation in both California and New York this week […]
Auto Body Technician Employment Up in 2015
The latest government statistics show the number of people employed as auto body repairers last year grew at the fastest rate since 2011. Wages also up. With the independent collision repair facility population projected to be on the increase, it’s to be expected that the number of body repairers would likely rise. The latest data […]
Largest Auto Insurers Added Market Share in 2015
The largest private passenger auto insurers in the U.S. gained market share in 2015. Growth continues long term trend. Since 2000, the largest private passenger automobile insurers have been growing their combined market share and more than half of all private passenger auto insurance in the United States is handled by just five companies. The […]
U.S. Independent Collision Repair Facility Population Grows During 2014 and 2015
Latest statistics from the U.S. Department of Labor indicate that the number of collision repair facilities was on the rise for much of the past two years. For most of the past ten years, the decline in the number of collision repair facilities in the U.S. has been considered by many as a given. With auto […]
Collision Repair Industry Business Conditions: Q4 2015
Shops reporting higher sales compared to 2014 increased during the fourth quarter. Repair facilities reporting higher earnings, however, declined. 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 fourth quarter of 2015 over last year compared […]
Traffic Volume Up 4.2% in December Compared to 2014
The year finished on a strong note with record levels of driving in December. Driving increases continued across all five regions in the U.S. Travel for the month of December is estimated at 264.2 billion vehicle miles nationwide according to the most recent data released by the Federal Highway Administration. The December result puts a […]
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