I believe this recession is affecting the entire collision repair industry; but, as with all smaller businesses--they are feeling the pinch much more than the larger independents. I've worked for the same collision repair center for the last twelve years and although the business comes with its own inherant roller-coaster, the past two years have really put a crunch on capital spending.
The good news....we are experiencing an improvement in the latter half of this year compared to last fiscal year. I think this latest recession has forced us to rethink, rehash, and review the "status quo". I think the old addage of "don't fix unless its broken" has found its way into the old "file 13". Readjusting our belts and actually looking at our "belts" has given us a new advantage in this recession. We are learning from our mistakes and finding new ways to increase our profit margins.