Posts by pete

Collision claims have steadily decreased for the past five quarters compared to the previous year. This downward trend is evident in both quarterly and annual figures. Factors contributing to this decline include a potential decrease in accidents, increased awareness of safety measures, and possibly a shift in consumer behavior due to economic factors. The decrease…

The cost of vehicle maintenance and repairs has significantly increased over the past three years, primarily due to inflation and the growing complexity of modern vehicles. Cars equipped with advanced driver assistance systems (ADAS) require recalibration of sensors after even minor accidents, significantly driving up repair costs. This trend is expected to continue as more…

The collision repair industry experienced a slight decline in production in September 2024 compared to the previous month, marking the fourth consecutive month of decrease. However, production remained higher than the same period in 2023. This decline is attributed to a reduction in both hours worked and the number of production and non-supervisory employees. Despite…

The Collision Industry’s Red Carpet Awards Night, held during the SEMA SHOW 2024, honored outstanding achievements across multiple categories, celebrating individual excellence, company innovation, and lifelong contributions. The awards spanned accolades for business executives, community service, educational contributions, technical skills, and industry leadership. Recognizing individuals and organizations that elevate industry standards, these awards spotlighted those…

Wholesale used-vehicle prices declined in October compared to the previous month and the same period last year. The Manheim Used Vehicle Value Index (MUVVI) decreased by 3.2% year-over-year. This decline is attributed to factors such as seasonal trends, the impact of hurricanes, and slower depreciation rates in key segments. The decrease in used vehicle prices…

Volvo Car Canada’s recent survey reveals a growing interest in electrified vehicles, particularly among younger generations. Millennials and Gen Z are significantly more likely to consider plug-in hybrid electric vehicles (PHEVs) for their next purchase, driven by environmental concerns and rising fuel costs. However, older generations remain more hesitant to adopt electric vehicles, often citing…

ATI, a leading industry resource, has unveiled its latest initiative, Automotive+ Reach. This comprehensive online training program is tailored to help independent automotive repair and collision shop owners navigate the complex digital landscape. By providing expert-led sessions, the program empowers business owners to optimize their online presence through Google’s powerful tools. Through a six-month curriculum,…