Potential for a ‘Notable Increase’ in Repair Revenue As Average Vehicle Age Increases to 12.2 Years Average age of light vehicles in the US reaches all-time high; Light trucks among 50% of electric vehicle new registrations as EVs gain more VIO The average age of light vehicles in operation (VIO) in the US rose
Hitting The Gas: Pump Prices Surge As Oil Gets More Expensive Washington, D.C.—Drivers are paying more at the pump — a lot more — as the cost of gasoline moves steadily higher. In the past two weeks, the national average for a gallon of gasoline has risen 20 cents to $4.32, a penny less
Current and Future Challenges for Independent Repair Shops The challenges they expect to face this year are markedly different than they were during the pandemic as well as prior to the pandemic, according to survey Click Here to View More
Automakers: Collision Repairers Must Ensure ADAS Calibration Procedures are Followed The importance of proper ADAS calibrations was a key focus as the Society of Collision Repair Specialists (SCRS) brought collision repairers and automakers together at an event in Las Vegas during the SEMA Show. Click Here to View More
Mileage Shift to Older Vehicles Boosts Aftermarket With fewer new vehicles sold during 2020 and 2021, billions of miles that would have been recorded by newer cars and light trucks have shifted to older models Click Here to View More