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Data Reveals Newer Vehicles Driving Repair Costs

Light truck sales and higher content vehicles will put added pressure to both repair costs and total loss costs.

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Based on a CCC Crash Report, Property Casualty 360 recently released an article exploring some of the most recent data on vehicles being sold and driven in the U.S. and how that is driving costs within the automotive claims and collision repair industries.

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The automotive claim and collision repair industries can expect to see further growth in newer model year vehicles over the next three to five years as new vehicle sales remain strong. With light truck sales and higher content vehicles in general accounting for growing share of sales, this will also put added pressure to both repair costs and total loss costs.

Click here to read the full report and findings.

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