Auto physical damage indicators influencing the collision repair industry continued to increase in the fourth quarter of 2016. Losses on collision claims up over 11 percent for 2016 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 […]
Wholesale Prices for Cars Down in March Versus Last Year
Truck prices, however, are above last year according to ADESA Analytic Services report. The tale of two markets resumed in March, as wholesale prices were below year-ago levels for cars and above prior year for trucks. Nevertheless, both groups showed price increases versus February’s unseasonably soft results, as retail sales and wholesale activity showed signs […]
Percentage of Dealers Operating Body Shops Down in 2016
While the percentage of dealers is down, dealership body shop sales increased over last year. According to the latest research from the National Automobile Dealers Association (NADA), 37 percent of dealerships featured on-site body shops in 2016, down from 39 percent in 2015 but above the 36 percent in 2014. Based upon the percentages reported […]
Large Auto Insurers Added Market Share in 2016
The top 25 private passenger auto insurers in the U.S. gained market share in 2016. Change in rank of top 10. Since 2000, the largest private passenger automobile insurers in the U.S. have been steadily growing their combined market share and more than half of all private passenger auto insurance in the United States is […]
Wholesale Used Vehicle Prices Soft in February
Prices up versus last year, but down from previous month According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, there is further concrete evidence of price softening in February as prices uncharacteristically, and unseasonably, softened rather than firmed versus January. Prices fell for virtually all model years and all model classes. Prices […]
Traffic Volume Up 2.2% in January
All five regions reported increases in traffic volume in January versus 2016. Travel for the month of January is estimated at 242.3 billion vehicle miles nationwide according to the most recent data released by the Federal Highway Administration. The January result continues the trend of increased driving that had led to the growth in both […]
Collision Repair Industry Business Conditions: Q4 2016
Collision repair shops reporting higher sales overall compared to 2015 decreased during fourth quarter, though varied by shop sales volume. Collision repair facilities reporting higher earnings slightly up. 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 decreased in […]
U.S. Collision Repair Industry Closing in on $40 Billion Annual Revenue
Latest analysis shows independent and OE dealer collision repair facilities were just short of $40 billion in annual revenue during 2015. The latest analysis of government and industry statistics covering 2015 indicates that the combined revenue of independent and OE dealer collision repair facilities increased for the sixth straight year in 2015. The analysis by […]
Collision Claims, Frequency and Losses Grew in the Third Quarter 2016
Major auto physical damage indicators influencing the collision repair industry continued to increase in third quarter. Losses on collision claims up 10 percent for year ending in Q3. 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 […]
Wholesale Used Vehicle Prices Up in January
Prices up both versus December and 2016. According to ADESA Analytical Services’ monthly analysis of wholesale used vehicle prices, even with increased supply of used vehicles wholesaled in January, used vehicle prices held up surprisingly well, despite soft retail demand and high new vehicle incentives. Nevertheless, pockets of supply-driven weakness did appear in rental program […]
- « Previous Page
- 1
- …
- 31
- 32
- 33
- 34
- 35
- …
- 40
- Next Page »