INDUSTRY STATS: Shop expenses gain on revenues

Using numbers from the U.S. Census Bureau, CollisionWeek reports that expenses (including payroll, benefits, rent and supplies) are eating up a higher percentage of shop revenue. In 2005, expenses equaled 78.5 percent of shop revenue; in 2009, expenses were 85.3...

INDUSTRY STATS: Average labor rates grow modestly

The national average for body and paint labor rates has risen only modestly year-over-year since 2006, according to figures from CCC Information Services. The average body labor rate rose from $41.42 in 2006 to $44.67 in 2010, up an average of 2.1 percent per year...

INDUSTRY STATS: Cycle time

Trying to get an idea of where your shop might stand in terms of cycle time? Stats obtained from one multi-state shop chain showed an average cycle time of 8.1 days, keys-to-keys. Overall, the shops averaged 2.64 labor hours per-day per-job (“touch time”)....