MSO Acquisitions Alter the Competitive Landscape
Just last week, we provided an update of acquisition and new store activity by the largest multiple collision repair shop operators through Q1 2014. Monday’s acquisition activity by Boyd and Service King, stunning in its scope, continues to change the competitive landscape for collision repairers.
Length Of Rental Continues Upward Trend in Q1 2014
Severe winter weather conditions take their toll on U.S. and Canada length of rental during the First Quarter according to Enterprise.
Big Four Multi-Region MSO Growth a Record in 2013
The acquisition and new collision repair facility activity by the largest multiple collision repair shop operators reached record levels in 2013. We compare 2013 with prior years and examine growth in Q1 2014.
Largest Auto Insurers Add Market Share in 2013
The largest private passenger auto insurers gained market share in 2013, though the decline in 2012 has not be recouped. A change in ranking among the top five auto insurers.
California Legislation on Vehicle Data Access Pits Insurers Against Automakers
Proposed Consumer Vehicle Information Choice and Control Act would require vehicle manufacturers to disclose data generated by vehicles and provide registered owners access and the right to distribute to 3rd parties. Prohibits data from being downloaded without permission of owner.
Vehicle Miles Traveled Declined in January
Three of five regions in the U.S. report decreased driving in January compared to 2013. Effects of winter storms may have impacted Northern U.S.
Proposed Legislation in Rhode Island Addresses Parts, Repair Facility Licensing and Labor Rate Surveys
Four bills in Rhode Island, scheduled for a hearing today, touch upon collision repairers and insurance claim practices.
Maryland Parts Bill Receives Unfavorable Vote in House Committee
House Economic Matters committee votes 16-7 against the proposed legislation that would ban insurance mandated parts and materials procurement processes and provide for only OEM crash parts for three years after a vehicle is manufactured.
Partnering Against the Unknown
With potential effects of the Affordable Care Act still murky, proactive collision repair shop operators are seeking out qualified third-parties that can help prepare for the unexpected.
Minnesota Bill Seeks to Strengthen Prohibition
of Insurer-Specified Vendors
While Minnesota has had a law prohibiting insurance companies from specifying the use of a particular vendor for the procurement of parts or other materials necessary for collision repairs to a vehicle since 2007, a new bill proposes a more comprehensive ban on insurer requirements. Bill also seeks to tighten requirements on where vehicles must be presented for inspection by an insurer.
Insurance Industry, Non-OEM Parts Suppliers Line Up Against Maryland Parts Bill
Collision repair facility operators advocate for less insurance company control of the repair process and consumer protection in support of proposed legislation. Insurers and non-OEM parts suppliers find common ground opposing bills they say limit choice and raise specter of higher premiums for consumers.
Collision Repair Industry Business Conditions: Q4 2013
Repair facilities continue to hold on to gains in sales but the percentage of repairers reporting higher sales declined in last quarter. Optimism improves with large jump in repairers who believe business will be better in six months.
Vehicle Miles Traveled Up in December
While gas prices were down just one percent compared to last year, three of five regions in the U.S. report increased driving in December compared to 2012. Effects of early storms may have impacted Northern U.S.
Michigan Bill Seeks to Address Insurance Company Steering, Non-OEM Parts Usage and Parts Procurement
Comprehensive bill would ban insurance companies from compelling the use of specific collision repair or claim centers, restrict non-OEM parts usage, and prohibit an insurer from specifying specific vendors for parts or other materials.
Dan Risley, Executive Director of the Automotive Service Association, Provides an Update on NACE 2014
With the NACE Trade Show and Industry Week just over five months away, Risley details planning for the July events in Detroit.
Body Repair Prices, Auto Insurance and Inflation
Auto insurance prices increase at more than twice the rate of overall inflation during 2013. Body repair prices finish year with increase just over a half point more than the Consumer Price Index.
Collision Repair Education Foundation Organizing Regional Working Groups
Effort seeks to allow donors to make an immediate impact on their local market with the schools that support their business.
Collision Repair Industry Production Declines in November
Industry reports slight decrease in staff in November. Hours worked increases, but not enough to offset declining staff. Total production decreases versus previous month, but still nearly one percent higher compared to last year.
Vehicle Miles Traveled Declines Slightly in November
While gas prices are still down more than 6 percent compared to last year, three of five regions in the U.S. report decreased driving in November compared to 2012.
U.S Average Length of Rental Hits Five-Year High in Q4 2013
Northeast region has highest length of rental, used as a proxy for cycle time, at 12.1 days.
A Profile of the Evolving Collision Repair Marketplace
Our four-part annual series, by Vincent Romans and Mary Jane Kurowski, examines the largest shop groups in the industry, their growing market share, and an analysis of the numbers. This year's report expands to include Canada.
Collision Repairer Satisfaction Index
Repairers rate the claims handling
performance of the nation's 15 largest personal automobile insurers.