Compared to the high activity seen in the previous quarter, the
third quarter of 2010, overall, was fairly tepid in terms of price
increases, according to TLG Research.
With the moderating oil prices and difficult economic issues, shops and
manufacturers appear to be quite restrained in their price increases,
the firm noted. With a fairly weak economy, TLGR believes raw material
demand will remain softer than expected, which will continue the trend
toward fairly flat material increases. As a result, TLGR expects
continued restraint in the price increases going in to the final
quarter of 2010.
Click
here to see data from the previous quarter.
Methodology for Pricing Calculations:
The pricing is based on changes in the current quarter relative to the
prior quarter. The data is collected from service repair centers with
additional service repair center level pricing information provided by
Nu-Way Automotive. The "Parts Categories" includes only the parts. The
"Service Categories" include both parts and labor and is based on the
average reported. Pricing is collected in percent change, and is
averaged across the U.S. Where needed the data is weighted in order to
represent the entire market.
Focused exclusively on all segments of the global automotive
industry, TLG Research (TLGR) offers clients a unique approach to
obtaining and keeping a global competitive advantage. Recognized as the
“Parts Problem Solvers,” TLGR provides information quickly and cost
effectively. Founded in 1992 by Thomas Langer, a 30-year industry
veteran, TLGR through its proprietary database, provides a unique "menu
driven" approach to offer services such as price comparisons and
strategies, product/market data, channel information, competitive
analysis, surveys, new product strategies and technical writing.
