The Collision Repair Industry: A Private Equity Perspective
Maggie Todd, senior associate with TZP Group, details collision repair industry fundamentals driving interest by private equity firms, how repair business operators can benefit from investment and key considerations when considering private equity.
Automakers Announce Privacy Principles to Protect Vehicle Personal Data
Consumer advocates and the automotive aftermarket are cautioning that the newly announced principles don’t go far enough to protect consumer privacy and competition for repair services.
Incoming CIC Chairman Lays Out His Philosophies, Goals for the Conference
Randy Stabler, co-founder and president of Pride Collision Centers, will take the helm of the Collision Industry Conference in January.
Additional Antitrust Suits Filed Against Auto Insurance Companies
Ten additional suits have been filed by collision repairers and associations alleging antitrust violations by auto insurers.
Interview: Collision Industry Conference Chair George Avery
Avery details topics on the agenda at this week’s meeting in Las Vegas and reflects upon his two-year term as Chair of the conference.
New Antitrust Suits Filed Against Insurers in Michigan and Arizona; Price’s Collision Centers Opposes Consolidation with Antitrust Actions in Florida
Seven-location MSO’s suit against Progressive had been nominated as a potential tag-along to the collision repair facility antitrust suits already consolidated in Federal Court in Florida. Crawford and Louisiana opposition scheduled to be heard in December.
Illinois Supreme Court Justice Who Helped Overturn Aftermarket Parts Verdict against State Farm at Center of Election Controversy Again
Effort to get Justice Lloyd Karmeier voted off the court gains the financial support of Plaintiff Attorneys who could gain from reinstatement of judgments in class-action lawsuits.
Traffic Volume Improved Slightly in August
Three of five regions in the U.S. report increased driving in August compared to 2013.
Collision Repair Industry Production Up Through July
Industry expansion continues beyond winter months. Both production staff and average weekly hours worked have increased through the first seven months of 2014.
Length of Rental Climbs Modestly in Q3 2014
U.S. results above last year and average for the last five years. Canada continues stable trend.
Collision Claim Severity Up 6.6% in 2013
Data published by the Insurance Information Institute shows third consecutive year of rising collision severity. However, though increasing, severity remains below 2006 peak.
A Profile of the Evolving Collision Repair Marketplace
Our annual series by Vincent Romans and Mary Jane Kurowski examines the largest shop groups in the North American collision repair industry, their growing market share, and an analysis of the numbers.
Traffic Volume Up 1.5% in July
Four of five regions in the U.S. report increased driving in July compared to 2013.
UK Competition and Markets Authority Releases Final Report in Motor Insurance Probe
Report recommends ban of Most Favored Nation clauses by price comparison websites that prevent auto insurers from offering lower prices. Will not regulate insurance replacement car pricing.
Body Repair Prices, Auto Insurance and Inflation through August
Both auto insurance and body repair prices continue to increase faster than the rate of overall inflation through August 2014.
Appeals Court Grants Preliminary Injunction against Connecticut Glass Steering Law
The U.S. Court of Appeals for the Second District has overturned a lower court decision and has granted a preliminary injunction prohibiting the enforcement of Connecticut’s auto glass anti-steering law.
Collision Repair Industry Business Conditions: Q2 2014
Improvements in both sales and earnings continue. Collision repair facilities reporting lower earnings and sales hit historic lows.
Traffic Volume Improved Again in June
All five regions in the U.S. report increased driving in June compared to 2013.
ASA Launches Effort to Address Blend within Panel Refinish Controversy
The Automotive Service Association has launched a renewed effort to eliminate what it sees as arbitrary reductions of refinish times on repaired panels. Association will gather estimate examples from repairers and seeks understanding of insurance company policy.
Interview: Dan Risley, President and Executive Director of the Automotive Service Association
One year after announcing that the NACE | CARS Expo was moving from its traditional fall timeframe, the Automotive Service Association launched a revitalized Industry Week in Detroit. In our exclusive video interview, Risley discusses this year’s event and plans for next year.
Panel Debates the Value, Accuracy and Impact of Length of Rental Formulas
Collision Industry Conference examines the impact of different formulas used by insurers and how they can impact repairers and consumers.
NACE Symposium Offers MSOs and Others New Ways to Look at the Collision Repair Industry
Day-long conference was opened up to more than just MSOs, bringing in single-location collision repair representatives. Offers insights on market dynamics, capacity utilization, technology and acquisitions.
Five Lawsuits by Collision Repairers against Auto Insurers Consolidated in Florida
The request to consolidate five separate, but related, lawsuits around the country, into one suit has been granted by the Judicial Panel on Multi-District Litigation. Crawford suit to remain separate.
Traffic Volume Improved in May
Four of five regions in the U.S. report increased driving in May compared to 2013.
Judge Denies Ford’s Motion to Dismiss ABPA Lawsuit
Monday’s recommendation by U.S. Magistrate Judge Mazzant affirms the Automotive Body Parts Association’s standing to bring suit seeking to overturn Ford design patents.
Tampa Television Station Highlights Poor Quality Repairs, Body Shop Lawsuits Against Insurers
Report highlights repair quality issues and collision repairer lawsuits against insurers. Warns consumers their families could be “…at risk on the road.”
Fuel Economy Standards Drive Change
Susanna Gotsch examines how regulations are impacting materials usage in vehicle construction, how those materials are surfacing in CCC's data, and the impact they have on the cost of collision repairs and shop processes.
Crawford’s Auto Center Doesn’t Want RICO Suit Against Insurers Consolidated with Other Antitrust Actions
While the plaintiffs in several cases seeking to be consolidated didn’t seek to bring in Illinois RICO suit, a defendant has proposed the suit as a potential “tag-along” action.
Federal Reserve Reports All Districts See Economic Activity Expanding
The Fed’s Beige Book commentary on economic conditions sees moderate to modest growth across the U.S.
Length Of Rental Continues Upward Trend in Q2 2014
Hailstorms most prevalent weather factor in second quarter. Results above last year and average for the last five years.
Honda Demonstrates Non-OEM Parts Affect Airbag Deployment During Crash
Video asks: Can a vehicle body part affect safety system performance? According to an independent crash test conducted for Honda, the answer is Yes.
Auto Glass Steering Controversy Continues in Connecticut
Local NBC affiliate investigates allegations of steering in violation of new law.
Vehicle Miles Traveled Improves Again in April
Four of five regions in the U.S. report increased driving in April compared to 2013. Gains erase year-to-date decline compared to 2013.
Independent Collision Repair Facility Population Increased in 2012
Latest data from U.S. Bureau of Labor Statistics confirms that the decline in the collision repair facility population reversed in 2012. Is it the return to growth temporary?
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.
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.
Collision Repairer Satisfaction Index
Repairers rate the claims handling
performance of the nation's 15 largest personal automobile insurers.