CCC Information Services Makes 2012 Crash Course Report Update Available - BodyShop Business

CCC Information Services Makes 2012 Crash Course Report Update Available

Aging vehicle population's effect on insurers and repairers being watched closely.

CCC Information Services Inc. has announced the availability of the autumn update to its 2012 Crash Course Report. The report, which looks at the key drivers and trends impacting the automotive claims and collision repair industries, has updated analysis and projections on the topics that have the greatest impact on the repair and auto insurance market, including the total cost of repair, loss costs and total loss frequency.  

“As we look at the first half of 2012, many of the trends and business drivers impacting the industry have remained steady,” said Susanna Gotsch, lead analyst for CCC Information Services. “One area we continue to watch closely is the effect the aging vehicle population will have on insurers and repairers. Vehicles aged seven years or older have the greatest likelihood of being totaled. At mid-year 2012, 47 percent of vehicles on the road meet that criteria, driving total loss frequency up overall, which we expect to continue into 2013.”

The Crash Course autumn update also includes pertinent information on the macro and micro trends that have an impact on the daily lives of collision repairers and insurers, including vehicle sales statistics and accident and claim frequency.


More information:

To download a copy of the update to CCC’s Crash Course Report, visit www.cccis.com and click on the "Productivity and Perspectives" link.

You May Also Like

Speakers Announced for 2024 HD Repair Forum

Speakers will hail from companies like Peterbilt, MHC Kenworth, Rivian and the Recreational Vehicle Industry Association.

The HD Repair Forum has announced the speakers for the sixth installment of the event taking place April 24-25 at the Hyatt Regency Frisco-Dallas in Frisco, Texas. The speakers will be from Peterbilt, MHC Kenworth, Rivian and the Recreational Vehicle Industry Association (RVIA).

“Participation from the manufacturers continues to be one of the most important components of the HD Repair Forum,” said Brian Nessen, president of the HD Repair Forum. “Our attendees need more interaction with commercial,recreational and emergency vehicle manufacturers in order to prepare for the latest technology, whether they arerepairers, insurance providers or suppliers to the industry."

Registration Now Open for 2024 UK Garage and Bodyshop Event

The UK Garage and Bodyshop Event is set to return for its second edition June 5-6 at the National Exhibit Center in Birmingham, England.

Collision Advice Workshop Headlines NORTHEAST 2024 Education

Mike Anderson and his team will bring their one-of-a-kind brand of seminars to the NORTHEAST Show March 15-17 in Secaucus, N.J.

HD Repair Forum Announces Dates and Location for Technical Training

The HD Repair Forum will be hosting technical training April 26-27, 2024 at the Hyatt Regency in Frisco, Texas.

WIN Announces Speakers, Programs for 2024 Conference

The conference, which this year is themed “Dream Out Loud,” will celebrate women in the collision repair industry.

Other Posts
Auto Care Connect Announces First Keynote Speaker for 2024 Event

Trend Hunter Chief Content Officer Armida Ascano specializes in trend forecasting and will discuss internet culture and consumer behavior in the digital age.

HD Repair Forum Advisory Board Welcomes New Members in 2024

The board leads the focus and direction of the HD Repair Forum’s annual conference.

AASP/NJ to Award $5K in NORTHEAST Dollars at Upcoming Show

Ten randomly selected show attendees will receive $500 toward the purchase of tools and equipment on the show floor.

NORTHEAST to Feature AASP/NJ’s Fourth Annual Young Technician Awards

Each award recipient will receive $2,500 in tools and equipment to help them build their toolkit toward a successful career in collision repair.