A recent Wall Street Journal article detailed the opportunity for OEMs to monetize the data produced by drivers and cites a McKinsey and Co. study that estimates the value of data monetization to exceed $750 billion by the year 2030.
The 2018 state legislative season saw several states consider mandating the use of Original Equipment Manufacturer (OEM) repair procedures. This issue has been discussed ad nauseum in the collision repair community.
When I visit shops, I look at a damage appraisal or two to see how the writer explained the repair. What I find is that they often don’t — and those damage appraisals generate more questions than answers.
What employee role in the body shop has changed the most over the last decade? Is it the painter, who has seen the widespread adoption of waterborne and UV-cured refinish products? Is it the body tech, working with new substrates, joining methods and vehicle electronics?
I’ve partnered with Raymond James Capital Markets to create a unique survey that leverages the research capabilities of Raymond James Capital Markets equity analysts and Supplement Advisory’s unique insight into the North American collision repair industry.
The tools learned in the study of propositional logic will enable estimators to overcome poorly formed objections during negotiations and will make researching, interpreting, and applying OEM research easier.
From filing a claim to finding the right body shop, being in a collision can be extremely stressful. You can be a huge asset during this time by understanding your state’s laws and explaining to customers what their rights are when it comes to collision repair.
Our Collision Repair newsletter from ABRN provides up-to-date news, innovative products, technical discussions and shop management features designed to enhance your business. Published every Tuesday and Friday