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Dealership GMs Need Fewer Worries; Start Here: Recon and Appraisal Integrity

AutoSuccess

A 2022 Bureau of Labor Statistics report reminds us that from the 2007 to 2009 recession — and through the onset of the pandemic in 2019 — “car and truck dealerships faced an economic shock and compressed profit margins on new vehicles.” Buy or trade knowing these cars’ reconditioning costs, sale histories, aging data and sale-price points.

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Planning for the uncertainty ahead in CARS magazine

Auto Service World

The latest issue of CARS magazine is here and it features the annual Executive Outlook , featuring 10 leading experts in the mechanical repair sector sharing their thoughts on how the industry can navigate the uncertain time ahead. We started with a poor sales outlook the last four years.

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Reducing Worries for Dealership GMs

AutoSuccess

But I do because my company’s products and services interface with the GM at a crucial point: used car profitability. I know enough GMs, fixed ops directors and used car managers in all sizes of dealerships and groups to understand how important vendor and product trust is to them.

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High-Tech Solutions: A New Way of Thinking About Paint Touch-Up Products

AutoSuccess

Beyond mechanical repairs and maintenance, offering a diverse range of accessories and car care products can enhance the customer experience, drive revenue growth and strengthen brand loyalty. Car dealers aspire for 100% or higher service absorption, although most reach 70%.

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From the Magazine: Introducing the CARS Executive Outlook 2024

Auto Service World

Mechanical repair leaders paint a picture of the year ahead for repair shops in Canada The post <span style=color:#ff0000>From the Magazine:</span> Introducing the CARS Executive Outlook 2024 appeared first on Auto Service World.

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From the Magazine: Be where you want to be

Auto Service World

Are you currently focusing only on mechanical repairs without considering adding services like detailing or sublets? Greg Aguilera is a director of IAC Canada, an organization dedicated to the management development of repair shops in Canada. Are you investing in strategic learning for yourself?