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State Farm’s Market Realignment Impact on Collision Repair Labor Rates

December 11, 2015 By CollisionWeek Editor

When State Farm announced earlier this year it would realign the local markets it uses to establish labor rates it said the effort might impact prevailing competitive prices paid to collision repair centers. We surveyed repairers to gauge the impact on labor rates and allowances. In July, State Farm announced it was realigning its traditional […]

Filed Under: Research Tagged With: CBSA, Core Based Statistical Area, Labor Rates, State Farm

Collision Claims, Frequency and Losses Grow During 1st Half of 2015

November 24, 2015 By CollisionWeek Editor

Auto Insurance Collision Claims and Losses Q2 2015

Major auto physical damage indicators continue to see increases this year after strong performance in 2014. Losses on collision claims up 8.4 percent during the first half versus a year ago. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims and losses continued […]

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

Traffic Volume Up 2.3% in August

November 17, 2015 By CollisionWeek Editor

CollisionWeek August 2015 U.S. Vehicle Miles Traveled Regional Map

With gas prices declining, record levels of driving were reported and growth continues across all five regions in the U.S. Travel for the month of August is estimated at 277.3 billion vehicle miles nationwide according to the most recent data released by the Federal Highway Administration. The August result continues the good news for the […]

Filed Under: Research Tagged With: Research, Vehicle Miles Traveled

Collision Repair Industry Production Up in August

November 12, 2015 By CollisionWeek Editor

Collision Repair Industry Production January 2000 to August 2015

Gains in both production employees and hours worked drive significant improvement compared to July and August 2014. Production employment at record levels. 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 auto body repair industry was up in August compared […]

Filed Under: Research Tagged With: BLS, Bureau of Labor Statistics, Employment, Hours Worked, Production

Body Repair Prices, Auto Insurance and Inflation

October 16, 2015 By CollisionWeek Editor

Inflation comparison 12 months to September 2015 body work, auto insurance, and CPI

Body repair prices in September up less than one percent compared to year ago. Auto insurance prices were up more than five percent during the same period. The most recent government figures on inflation through September 2015 indicate the rate of growth for body repair prices has declined significantly during the year. However, the latest […]

Filed Under: Research Tagged With: consumer price index, CPI

Wholesale Used Vehicle Prices Relatively Flat in September

October 14, 2015 By PoconoWeek Editor

Wholesale Vehicle Price Trends

ADESA Analytical Services reports slight increase overall in wholesale used vehicle prices compared to both August and prior year. According to ADESA Analytical Services’ monthly analysis of Wholesale Used Vehicle Prices, average wholesale used vehicle prices were relatively flat in September, as car prices fell while truck prices rose in light of low fuel prices. […]

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

NHTSA Reports Increase in Drivers Text-Messaging in 2014

October 5, 2015 By CollisionWeek Editor

NHTSA Driver Use of Electronic Devices By Age

The National Highway Traffic Safety Administration saw an increase of nearly 30 percent in drivers that were observed text messaging or visibly manipulating a handheld device in 2014 versus the previous year. According to research by the U.S. Department of Transportation National Highway Traffic Safety Administration (NHTSA) the percentage of drivers observed text-messaging or visibly […]

Filed Under: Research Tagged With: Hand-held devices, NHTSA, Texting, traffic safety

A Profile of the Evolving Collision Repair Marketplace – Part 4

October 2, 2015 By CollisionWeek Editor

US Canada Market

By Vincent J. Romans and Mary Jane Kurowski, The Romans Group Part 4 of our annual series by Vincent Romans and Mary Jane Kurowski examines the consolidated U.S. and Canadian collision repair markets. <Part 3 ———————————————————————————– U.S. and Canada Consolidated North America When comparing the property and casualty insurance and auto industry, top ten insurers’ […]

Filed Under: Research Tagged With: Canada, Collision Repair Market Profile, Multiple Shop Operators, Romans

A Profile of the Evolving Collision Repair Marketplace – Part 3

September 30, 2015 By CollisionWeek Editor

Canadian Market

By Vincent J. Romans and Mary Jane Kurowski, The Romans Group Part 3 of our annual series by Vincent Romans and Mary Jane Kurowski examines the Canadian collision repair market. <Part 2 ———————————————————————————- Part 4> Canada Canada’s overall market size for both private insurance and consumer-paid vehicle repair revenue was $2.7 billion for 2014, down […]

Filed Under: Research Tagged With: Canada, Collision Repair Market Profile, Multiple Shop Operators, Romans

A Profile of the Evolving Collision Repair Marketplace – Part 2

September 29, 2015 By CollisionWeek Editor

U.S. Dealer Operated Collision Repair Facilities

By Vincent J. Romans and Mary Jane Kurowski, The Romans Group Part 2 of our annual series by Vincent Romans and Mary Jane Kurowski examines dealership collision repair facilities, franchise repair centers and $10-20 million MLOs. <Part 1 ———————————————————————————– Part 3> OE Dealership Collision Repair Facilities The National Automobile Dealers Association, NADA, estimates that 6,394 […]

Filed Under: Research Tagged With: Collision Repair Market Profile, Multiple Shop Operator, Romans

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