Inflation and Insurance: Time For a Review
Soaring vehicle prices for new and used cars and real estate — combined with labor and supply shortages — are warning signs for body shop owners to review their insurance coverage options and limits.
Top 5 Stories of the Week
A recap of the top five stories on bodyshopbusiness.com during the week of April 26.
Vehicle Trade-In Values Climb to All-Time Record High
New data by Edmunds indicates that the average value for all used vehicles traded in during the month of March hit an all-time high, climbing to $17,080, compared to $14,160 a year ago.
How to Explain the Value of OEM Parts to Your Customers
Teaching your customers that an OEM part is specifically designed and engineered from the manufacturer for their vehicle is the first step in showcasing the value.
U.S. Automotive Sales: ‘Healthy Start’ to Summer Selling Season
Edmunds is forecasting a 16-percent jump in May U.S. sales of cars and trucks.
Strong August U.S. Vehicle Sales ‘Small Step in Right Direction’ for Auto Industry
Edmunds is forecasting August sales of 1.53 million new cars and trucks in the United States, which would be an 8.2 percent jump over July and a 1.3 percent increase over August 2016.
An Analysis of Progressive Insurance vs. North State Custom
What North State Custom’s successful defense against a lawsuit brought by Progressive means for the collision repair industry.
Report Puts Consumers on High Alert Over Unethical Body Shops
A report published April 26 by Edmunds.com, a website serving automotive consumers, talks about the wide disparity between collision repair facilities and quotes one body shop owner as saying, "I don’t care what state you live in, for every 10 body shops, three of them are unethical and five of them do mediocre work at
CCC Information Services Gauges Effect of Japanese Tragedy on Automotive Market
CCC Information Services, Inc., has released a report written by Lead Industry Analyst Susanna Gotsch discussing the impact of the Japanese tragedy on the automotive claims market: Industry Report: The Impact of the Japan Tragedy on the Auto Claims and Collision Repair Industry The devastating earthquake and subsequent tsunami on March 11 destroyed huge swathes
STRANGE BUT TRUE: YouTube Video Shows Clash Between F-150 and Brand-New Ferrari
The front end of a practically brand-new Ferrari 458 with about 500 miles on it was crushed, monster-truck style, by a Ford F-150 pickup in Brandon, Fla., last week. Citizen journalist and YouTube aficionado James Worley caught the messy aftermath on video, sharing it on the video site and with local news site Examiner.com. Witnesses