Auto physical damage indicators influencing collision repair industry volume improved during the third quarter of 2019 compared to the previous quarter. Loss cost continues to increase. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims increased in the U.S. during the 12 months […]
U.S. Auto Body Repair Prices Up Over 4.3% in December Compared to 2018
For the 17th straight month, the increase in body repair prices was above the rate of inflation. Auto insurance prices increased below inflation for the past ten months. The most recent government figures on inflation through December 2019 indicate the rate of growth of auto body repair prices continues above the rate of inflation, marking […]
Majority of Largest U.S. Collision Repair Markets Reported Above Average Wage Growth in Second Quarter
An analysis of average wages showed that a majority of the top 50 U.S. counties by auto body repair facility employment saw growth above the U.S. average. An analysis of U.S. auto body repair facilities, employment and wages by county showed higher average wage growth rates in the majority of the top 50 markets in […]
Light Vehicles Involved in Police Reported Crashes up 4.2% in 2018
The number of passenger cars and light trucks involved in crashes increased last year. According to the National Highway Traffic Safety Administration (NHTSA) National Center for Statistics and Analysis report on 2018 police-reported motor vehicle crashes, the number of light vehicles involved in accidents increased versus 2017. According to the report, a total of 11,328,000 […]
Collision Repair Industry Production Up Over 3% in August Compared to 2018
Production in the U.S. was up in August versus 2018 and from the previous month. An analysis of the latest data released from the U.S. Department of Labor Bureau of Labor Statistics (BLS), shows that collision repair industry production in August 2019 was up compared to August 2018 and up versus July. Production, however, remains […]
U.S. Independent Collision Repair Shop Population Continues to Grow in 2019
Data on the collision repair shop population shows the number of independent establishments continued to grow in the first quarter. The latest data from the U.S. Bureau of Labor Statistics shows that the independent collision repair facility population in the first quarter of the 2019 continued to increase in the U.S. overall. The first quarter […]
U.S. Auto Body Repair Prices Up 4.5% in September Compared to Last Year
For the 15th straight month, the increase in body repair prices was above the rate of inflation. Auto insurance prices increased below inflation for past seven months. The most recent government figures on inflation through September 2019 indicate the rate of growth of auto body repair prices continues above the rate of inflation, marking more […]
U.S. Average Length of Rental Up in Third Quarter Compared to 2018
Midwest and Mid-Atlantic regions saw largest increases. For the fourth consecutive quarter, the average length of rental increased across the U.S. according to the latest data from Enterprise Rent-a-Car. Average Length of Rental (LOR) for Q3 2019 landed at 12.4 days in the United States, an increase of .4 days compared to Q3 2018. Once […]
Dealership Body Shop Sales Up in First Six Months of 2019
While sales are up, NADA mid-year report sees slight decrease in percentage of dealers operating body shops. According to the latest data from the National Automobile Dealers Association (NADA), sales at dealership body shops increased in the first six months of 2019 compared to the same period last year. According to NADA, the total auto […]
Collision Claims Down in Second Quarter
Auto physical damage indicators influencing collision repair industry volume declined during the second quarter of 2019 compared to the previous year. Loss cost continues to increase. According to the latest available Fast Track Monitoring system data from the Independent Statistical Service Inc. (ISS), private passenger collision claims decreased in the U.S. during the 12 months […]