Data Did You Know – In the 2021 BodyShop Business Industry Profile, 76% of the respondents say their shop has been in operation for at least 20 years. 20% of the respondents say it has been open at least 50 years.
The study found that owners’ experience with BEV advanced technology is more problematic than with ICE vehicles.
Battery-electric vehicle (BEV) owners experience more problems with advanced technology than do owners of internal combustion engine (ICE) vehicles, according to the J.D. Power 2023 U.S. Tech Experience Index (TXI) Study, released on August 24. The study focuses on the user experience with advanced vehicle technology as it first comes to market and is an early measure of problems encountered by vehicle owners.
AAA forecasts that 37 million crashes could be prevented over the next 30 years with ADAS.
The share of vehicles more than eight years old will increase, the report says, signaling increased aftermarket business.
New near-zero emission diesel trucks on the road increased 10.2% from 2021 to 2022, according to the Diesel Trucking Forum.
The impact of digital media on retail sales will be $177 billion in 2023 in the US, according to Hedges & Co.
More than 60% of respondents said they’re unlikely to consider an EV for their next car.
Edmunds forecasts that more than 4 million new cars and trucks will be sold in the U.S. in Q2 2023.
Pickup accessorization remains the biggest segment for the industry, topping $15 billion in sales, the study found.
US consumer interest in electric vehicles is at an all-time high, according to the EY Mobility Consumer Index.
