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Romans: Telematics, ADAS Challenging Body Shops

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Dec. 11, 2018—A 2017 Profile of the Evolving U.S. and Canadian Collision Repair Marketplace, the 13th annual white paper by the Romans Group LLC, reveals how the four industry pillars have helped strengthen and grow the industry. 

The top five repairers in the U.S., during the report's timeline, were Caliber, Service King, ABRA Corporate & Franchise, the Boyd Group, and CARSTAR (Caliber and ABRA have since merged). Meanwhile, the collision repair industry has seen growth in Canada.

The top four consolidators have experienced robust growth due to continued incremental organic growth, multiple-location platform acquisitions, an increasing number of single-location acquisitions, and a Brownfield and Greenfield build strategy.

Five secular trends are causing more immediate challenges and opportunities for repairers and many other relevant constituent groups including auto insurance companies: telematics, 5G and the connected car; ADAS and the evolving autonomous vehicles; OE certification programs, and the technician shortage.

“Although the U.S. has seen an increase in consolidation within the multiple-location operator segments, Canada remains significantly more consolidated in the revenue generated by the combined franchise and banner and ≥$10 million MLOs,” a section of the report reads.

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