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Car body repair faces structural decline
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Download PR - Car Body Repair in Structural Decline.pdf
(requires Adobe Reader or other compatible software)
Immediate Release - Car body repair is on the verge of long-term structural decline, according to the latest MFBI report published by Trend Tracker Limited which analyses current trends and future developments in the market. 2006 market volume at 5.6m repairs is more or less back to where it was in 1996, and MFBI expects repair market value in 2006 to be below its 1996 level in real terms, at £4.7bn. The company forecasts no increase in repair demand volume for the next five years, while in the longer term the market is expected to shrink markedly.
(use the link above to download the rest of this press release)