TechForce Foundation has released a new report that reveals the growing severity of the vehicle technician supply shortage, and that the supply of collision technicians has been steadily declining over the past six years.
The report found that the global automotive crash test market will experience a compound annual growth of 6 percent between 2017 and 2021. Additionally, the report covers the growth prospect of the market in the next few years, including a briefing on the important vendors operating in the market.
In its quarterly fiscal report, the Universal Technical Institute reported revenues for the Q1 2017 were $82.5 million, compared to $88.2 million for the prior year period.
