Impact of accident rate and technology on the auto repair business
Trends
How does the auto repair business adapt and differentiate itself?
The confinement rules had a natural impact on reducing automobile accidents during 2020 due to the restrictions imposed on circulation (26% fewer accidents and 18% fewer fatalities) but the overall downward trend in this indicator has been evident since 2017, according to the latest data from the ACAP observatory on the aftermarket.
Considering that the total number of claims constitutes an indicator of entry into workshops, it is foreseeable that its evolution in this direction will have more pronounced repercussions on the repair business and thus represent a warning for professionals in the sector to adapt to the functioning of the market.
Joining this trend, there is a whole set of new technologies that will be implemented starting in 2022, aiming precisely to reinforce this reality, as the European Union intends to revolutionize road safety with a range of features that help drivers become more "safety-driven".