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Cox Automotive Service Study: Dealerships Losing Ground to General Repair Shops

AutoSuccess

In the latest report – Under the Hood: Opportunities and Challenges in the Service Industry – franchised dealerships are shown to retain their position as the industry’s top service provider but have lost ground to service chains (e.g., quick lube locations, service centers.) down from 35% in 2021.

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Over-the-TOP Hyper-Targeted Marketing for Automotive Sales and Service

AutoSuccess

billion in 2021, is projected to reach over $1 trillion by 2027, growing at a CAGR of 29.4%. In the United States, 82% of households use OTT services, with viewers subscribing to multiple platforms. Service Center Promotion: An automotive service center implemented OTT ads targeting existing customers with vehicles due for service.

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Beat Inflation with a VID Membership

Girls Auto Clinic

Original Members (signed from July 2021 - December 2021) If you signed up for an original membership last year in 2021, your current price will be recognized until your 1-year membership expires this year. Girls Auto Clinic’s mission is to educate and empower women in the automotive industry.

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Analysis: Understanding key financial metrics that drive shop success

Auto Service World

Success hinges on a deep understanding of financial health in an industry as dynamic as automotive services. This indicator represents the dollar amount of services and products sold over a specified period. Knowing what indicators to track and what they mean is critical to making informed business decisions.

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Bridgestone Takes Stake in Halfords’ Avayler Software Company

Tire Review Magazine

Halfords Group plc said Bridgestone acquired a 5% stake in its automotive Software as a Service (SaaS) business, Avayler, valuing the business that was launched in July 2021, at over $60 million. The Avayler platform uses dynamic pricing to value those slots accurately.

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Bridgestone Takes Stake in Halfords’ Avayler Software Company

Tire Review Magazine

Halfords Group plc said Bridgestone acquired a 5% stake in its automotive Software as a Service (SaaS) business, Avayler, valuing the business that was launched in July 2021, at over $60 million. The Avayler platform uses dynamic pricing to value those slots accurately.

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VIP Tires & Service promotes Trenton Forsberg to service manager

Tire Review Magazine

VIP Tires & Service has promoted Trenton Forsberg to service manager at its Williston, Vt. VIP tells us that Forsberg’s new role is effective immediately, and he will continue to support and educate automotive service customers while leading the service department in the Williston location. “At