industry trends Archives - Page 2 of 4 - BodyShop Business
Study: Hacked Autonomous Cars Would Cause Chaos

A new study suggests that autonomous cars may not only make traffic worse but also cause mass chaos if hacked, according to an Inverse article.

Car Dealers Packed with Unsold Cars, Sales Expected to Drop

With U.S. auto sales expected to weaken in 2019, analysts are warning that car manufacturers might have to curb their production, according to an article by WSJ.

What’s the Buzz in the Collision Industry?

What I heard out in the real world was that things are pretty good on the collision repair front these days. If we could just get the insurance companies to send the work to our shop and pay us for all the necessary repairs…

New Study Indicates Automotive Electronics Market Will Be Worth $400 Billion by 2024

A new market study by Global Market Insights indicates that the automotive electronics market size was valued at over $270 billion in 2017 and will grow at a CAGR of over 6.5 percent from 2018 to 2024.

OEM Aluminum Demand Predicted to More than Double by 2025

The trend is being driven by surging growth in Asia, as well as automakers using more aluminum to replace high-strength steel and combine it with other materials to produce lighter vehicles.

AAA: ADAS Shows Potential to Significantly Reduce Crashes, Injuries and Deaths

Report finds that collision avoidance technology could prevent approximately 40 percent of all passenger-vehicle crashes, 37 percent of injuries that occur in crashes involving passenger vehicles and 29 percent of all deaths in crashes that involve passenger vehicles.

AAA Researches Vehicle Owners’ Experiences, Understanding of ADAS

The purpose of the study was to examine vehicle owners’ experiences with, opinions about and understanding of specific ADAS technologies by surveying the registered owners of selected model year 2016 and 2017 vehicles.

Phone Calls from Manhattan Island: “Can You Tell Me About the Auto Body Industry?”

In my long tenure as a self-proclaimed expert on the collision industry, I’ve gotten phone calls every few years from venture capital folks deep in the canyons of Manhattan Island looking for information about the collision repair business. Last week, I got another one of those phone calls.

Lead-Footed, Phone-Shackled U.S. Drivers Earn a ‘C’ for Safe Driving
Mitchell Industry Trends Report: Photo-Based Estimating Seeing Exponential Growth

Mitchell data shows a tenfold increase in insurer-administrated photo-based estimating from 2016 to 2017, with a corresponding drop in staff field inspections.

Report Predicts Smart Mirror Market Will Be Worth $4.42 Billion by 2023

The global market for smart mirrors is expected to grow from $2.82 billion to $4.42 billion by 2023, according to a report by Markets and Markets.

Automotive Aluminum Alloy OE Market to Surpass $46 Billion by 2026

According to the report, the global automotive aluminum alloy OE market is anticipated to expand at a CAGR of more than 5 percent during the forecast period.

New Report Indicates Global Automotive Refinish Coatings Market Will Grow Over Next Few Years

The global automotive refinish coatings market is set to grow between 2018 and 2022, according to the “Global Automotive Refinish Coatings Market 2018-2022” report by