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Cox’s new study, “Under the Hood: Opportunities and Challenges in the Service Industry,” found that while franchised dealerships are still vehicle owners’ top choice among service providers, their lead over service chains such as quick lube locations and service centers is shrinking. in 2021 but down from 2.8
Wholesale Tire boasts a sales mix of 95% tires and 5% vehicle service. Of its tire sales, 90% is retail, with the remaining 10% wholesale to area cardealerships. Wholesale Tire boasts a sales mix of 95% tires and 5% vehicle service. Soon after, in 2021, he retired, and Michael took over management.
Wholesale Tire boasts a sales mix of 95% tires and 5% vehicle service. Of its tire sales, 90% is retail, with the remaining 10% wholesale to area cardealerships. Wholesale Tire boasts a sales mix of 95% tires and 5% vehicle service. Soon after, in 2021, he retired, and Michael took over management.
vehicle service industry shows that franchised dealerships continue to lose share to general repair shops. In 2023, dealerships accounted for 30% of all service visits in the U.S., down from 35% in 2021. in 2021 (the last time the service study was released), but down from an average of 2.8 Dealers are No.
Two new reports are challenging consumer perceptions — and doubts — about electric vehicles. Despite the recent headwinds for electric vehicles, it’s clear that many existing models would be more than adequate for consumers’ weekly use. Power began collecting that data in 2021. This is a key challenge EVs have always faced.
As vehicle transactions increasingly move online and dealerships collect more personal information, the need for robust security measures has never been more critical. Customers now expect seamless online experiences, from researching vehicles to completing purchases. million customers and potential buyers in North America.
Today, we’re sharing an interview our sister publication aftermarketNews conducted, which we think you’ll find informative and insightful for the new cardealership as well. The company expanded its Missouri plant in 2021, and in 2022, it opened another distribution center in Mississippi.
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