Page 36 - Australasian Paint & Panel July-August 2019

Industry Insights
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PAINT&PANEL JULY / AUGUST 2019 WWW.PAINTANDPANEL.COM.AU
AUSTRALIAN REPAIR INDUSTRY FACTS AND FIGURES
COUNTRY DATA
POPULATION: 25,315,776 (ABS) GDP: $
INDUSTRY DATA
TOTAL VEHICLE PARC: 19.2 million (ABS) AVERAGE VEHICLE AGE: 10.1 years (ABS)
TOTAL NEW ROAD VEHICLE SALES:
2016 - 1.178 million 2017 - 1.189 million 2018 - 1,153 million
VEHICLE MANUFACTURERS
TOP THREE MOTOR MANUFACTURER BRANDS BY VOLUME SOLD 2018:
1 – Toyota
2 – Mazda
3 – Hyundai
TOP THREE MODELS SOLD 2018:
1 - Toyota HiLux 2 - Ford Ranger 3 - Toyota Corolla
INSURANCE
NUMBER OF MOTOR INSURERS: Approx 50 TOP THREE MOTOR INSURERS BY NUMBER OF VEHICLES INSURED:
1 - IAG
2 - Suncorp
3 – QBE/Allianz
AVERAGE MOTOR INSURANCE PREMIUM AND EXCESS/ DEDUCTIBLE: $726 (Insurance Council of Australia)
COLLISIONS
NUMBER OF REPORTED ROAD DEATHS (2018): 1,144
NUMBER OF COLLISION REPAIRS PER ANNUM: Approx 1million
NUMBER OF VEHICLE WRITE-OFFS PER ANNUM: No national statistics – write-off laws different in each state
COLLISION INDUSTRY
TOTAL ACCIDENT REPAIR MARKET VALUE: Estimates vary, $3.2billion -$5.2billion
INSURANCE APPROVED COLLISION REPAIR NETWORKS IN OPERATION: Yes
INSURANCE OWNED COLLISION CENTRES IN OPERATION: Yes VEHICLE MANUFACTURER APPROVED COLLISION NETWORKS
IN OPERATION: Yes
VEHICLE MANUFACTURER OWNED COLLISION NETWORKS IN
OPERATION: Yes (less than 5)
ACCIDENT MANAGEMENT COMPANIES ACTIVE WITHIN MARKET: Yes ACCIDENT MANAGEMENT COMPANY APPROVED COLLISION REPAIR NETWORKS IN OPERATION: No
COLLISION REPAIRERS (STATIC SITES)
TOTAL NUMBER OF COLLISION REPAIR OPERATORS (ALL BODY REPAIR FACILITIES/TYPES): 2800 (estimated)
NUMBER OF COLLISION REPAIR CENTRES (STATIC SITES DEDICATED TO COLLISION REPAIR): 3000 (estimated)
TYPES OF COLLISION REPAIR CENTRES:
Independents: Yes
Dealer: Yes
Networks: Yes
Group/multi-site operators (MSO): Yes Franchise operators: Yes
LARGEST OPERATORS BY NUMBER OF SITES:
1. AMA Group
2. Car Craft Group 3. Capital S.M.A.R.T
AVERAGE COST OF REPAIR: The average cost of repair to vehicles falling under the category ‘Collision and other causes of loss or damage’, and covered by a comprehensive motor vehicle policy in Australia was $3678 in Q4 2018 (Insurance Council of Australia)
AVERAGE CYCLE TIME OF REPAIR: Approx 7 days
AVERAGE LABOUR RATE: Because of a system called ‘funny time, funny money’ average will be around AUD$35 but shops need to recoup between AUD$82-$120.