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Collision Claims, Frequency and Losses Grew in First Quarter

August 4, 2016 By CollisionWeek Editor

Collision Claims and Losses

Major auto physical damage indicators influencing the collision repair industry continued to increase across the board. Losses on collision claims up 9.9 percent for year ending in first quarter. 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 […]

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

U.S. Length of Rental Upward Trend Continues in Second Quarter

August 2, 2016 By CollisionWeek Editor

According to the latest research from Enterprise Rent-A-Car, the U.S. average length of rental continued to increase in the second quarter of 2016. Overall U.S. Length of Rental (LOR) increased .5 days in Q2 2016 from 11 billed days in 2015 to 11.5, although the change varied greatly by state and region. As with Q1, […]

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

Traffic Volume Increased 2% in May

July 27, 2016 By CollisionWeek Editor

With the rate of growth in vehicle miles traveled slowing, one region reported lower traffic volume in May versus 2015. Travel for the month of May is estimated at 279.4 billion vehicle miles nationwide according to the most recent data released by the Federal Highway Administration. The May result continues the very positive trend leading […]

Filed Under: Research Tagged With: Vehicle Miles Traveled

Body Repair Prices, Auto Insurance and Inflation

July 20, 2016 By CollisionWeek Editor

Auto Body Repair Prices, Auto Insurance and Inflation

Auto body repair prices in June up more than two percent compared to year ago. Auto insurance prices were up 6.5 percent during the same period. The most recent government figures on inflation through June 2016 indicate the rate of growth of auto body repair prices has increased slightly during the first half of 2016 […]

Filed Under: Research Tagged With: Auto Body Repair Prices, consumer price index

Collision Repair Industry Production Flat in April

July 12, 2016 By CollisionWeek Editor

Collision Repair Industry Production

Production employment increased, but hours worked declined in April compared to March. Production continues to rise compared to 2015. 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 in April versus the previous month, but was […]

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

Traffic Volume Up 2.6% in April

July 7, 2016 By CollisionWeek Editor

April 2016 Traffic Volume

While driving increased across all five regions in the U.S., the rate of growth slowed from March. Travel for the month of April is estimated at 272.8 billion vehicle miles nationwide according to the most recent data released by the Federal Highway Administration. The April result continues the very positive trend leading to the growth […]

Filed Under: Research Tagged With: Vehicle Miles Traveled

Collision Repair Industry Business Conditions: Q1 2016

June 29, 2016 By CollisionWeek Editor

Shops reporting higher sales compared to 2015 increased during the first quarter. Collision repair facilities reporting higher earnings also 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 increased in the first quarter of 2016 over last year […]

Filed Under: Research Tagged With: Business Conditions

Backyard Competition

June 9, 2016 By CollisionWeek Editor

Just as their larger competitors have rebounded following the great recession, the number of small collision repairers without employees, and their sales, have returned to near record levels. As the collision repair industry continues to grow following the recession as evidenced by our reports detailing the number of independent repair facility with payroll and collision […]

Filed Under: Research Tagged With: Non-Employer, Shop Population

Collision Repair Industry Production Up in First Quarter

June 7, 2016 By CollisionWeek Editor

Production employees and hours worked both increase as industry remains above 2015 and prior high recorded in March 2008. 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 increased in March versus the previous year, but was […]

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

Traffic Volume Continued Strong Growth in March

June 1, 2016 By CollisionWeek Editor

Vehicle Miles Traveled March 2016

Driving increased across all five regions in the U.S. Travel for the month of March is estimated at 273.4 billion vehicle miles nationwide according to the most recent data released by the Federal Highway Administration. The March result continues the very positive trend leading to the growth in auto physical damage insurance claims and collision […]

Filed Under: Research Tagged With: Vehicle Miles Traveled

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