Tue.Oct 22, 2024

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Asset or stock sale: What’s better for your shop?

Auto Service World

When debating if you should sell the assets of your business compared to bringing a new buyer to buy shares in the existing company, there’s one clear answer for accountant business advisor Hunt Demarest: Do an asset sale. “For every 500 asset sales we see, we see one stock sale. Really, we never ever, ever see stock sales,” he said at this year’s Midwest Auto Care Alliance’s Vision Hi-Tech Training & Expo in Kansas City.

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Leveraging Technology for Customer Service After Auto Mechanic School

Automotive Training Centre

Mastering technical skills is just the beginning if you’re pursuing a career in the automotive industry through auto mechanic school. Today’s auto shops thrive on exceptional customer service, where clients expect expert repairs and a smooth, tech-enhanced experience. Mechanics can strengthen client relationships and drive their career growth by blending technical expertise with customer-focused service.

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Nikola Releases Inaugural Sustainability Impact Report

Tomorrow's Technician

Nikola Corporation , global provider of zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, released its first-ever sustainability impact report. Nikola’s 2023 Sustainability Impact Report covers environmental and social impacts, reporting, and progress toward Nikola’s sustainability priorities, the company said.

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The reliability issues with EV charging infrastructure

Auto Service World

A new report found significant reliability issues in the electric vehicle charging infrastructure identifying key factors that hinder the growth of EV adoption. The EV revolution has dramatically transformed the automotive industry, with global EV sales soaring by 233 per cent over the past five years, according to the International Energy Agency (IEA), by ChargerHelp outlined in an announcement of its findings.

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PRT Highlights Range of Product Lines

Tomorrow's Technician

PRT , a brand of ADD USA group, announced it will be exhibiting various product lines and new applications at AAPEX 2024 in the Venetian Expo, booth A4871. Some of the highlights to be presented at the show are new, recently released complete strut assemblies that are designed for the 2023 Chrysler Pacifica and the 2023 Kia Forte GT, the company said.

Trucking 130
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Free Webinar – Putting Your Succession Plan Into Place

Brake & Front End

In a free, interactive webinar, to be held Thursday, October 24, you’ll hear the story of Tyson Anderson, owner of Master Mechanic Auto Repair in Utah, to expand your knowledge about succession planning for automotive shop owners. Register Now For This Free Webinar During this free webinar, Tyson will share his journey of purchasing the business from his uncle, a transition that required careful planning and preparation on both sides.

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Center Support Bearings

Tomorrow's Technician

Driveshaft problems can be spotted from the moment you put the vehicle in gear to pull it into a bay. As the power is transmitted from the transmission to the rear axle, the slack from worn or damaged components is taken up, resulting in a sudden crunch or pop. Once the vehicle is moving, you might hear a whine coming from the center of the vehicle.

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Kyle Johnson to Lead U.S. Fleet Sales for BMW

Automotive Fleet

Before entering his new role, Johnson led new vehicle sales in the New Vehicle Sales Department. He has held several positions with BMW since joining the company in 2016.

Vehicle 105
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The Mercedes-AMG ONE Sets A Blistering Nürburgring Lap Record

Motor Verso

Even though Mercedes broke lap times left and right the last time they put the Mercedes-AMG ONE through its paces… Read more » The post The Mercedes-AMG ONE Sets A Blistering Nürburgring Lap Record appeared first on Motor Verso.

IT 98
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Lane watch: The numbers battle involving full-size pickups

Auto Remarketing

Sending a full-size truck to auction appears to be as much of a heartburn-triggering situation for franchised dealers as seeing that new model sitting in inventory and on the store floorplan for 100 days or more. Data from Black Book, Cox Automotive and J.D. Power showed the numbers crunch unfolding that might again be pitting the used-car department versus the new-car division.

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Supporting Safer Fleet Driving: AFLA Calls for Volunteers on New Safety Board

Automotive Fleet

The new board aims to foster a culture of safer driving habits and enhance safety initiatives within AFLA and across the fleet industry.

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6 Factors to Consider When Purchasing Auto Repair Software

Bolt on Technology

Investing in an efficient Shop Management System (SMS) can revolutionize the operations of your auto repair shop, streamlining processes from customer invoicing to parts ordering and inventory tracking. Beyond these basic functions, some systems also facilitate digital multi-point inspections and effortlessly scan and decode vehicle identification numbers.

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Boeing-Built Satellite Explodes In Orbit, Littering Space With Debris

Jalopnik

Boeing seemingly can’t catch a break between the endless problems with the 737 Max and the Starliner’s failed crewed test flight. Intelsat announced on Monday that one of its satellites, built by Boeing, broke up in geostationary orbit. Multiple organizations are tracking the debris to avoid collisions and a potential… Read more.

IT 72
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How Community Involvement Boosts Auto Repair Shop Success

RepairPal

Discover how Certified auto repair shops grow their business with online reviews, loyalty programs, and community involvement to boost customer engagement. The post How Community Involvement Boosts Auto Repair Shop Success appeared first on RepairPal Shops Blog: Modern Shop Owner.

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The power of regenerative EV braking

Tire Review Magazine

This EV has more than 70,000 miles on the front brake pads. Going this far would be unimaginable for most internal combustion powered vehicles. So, how did the EV do this? The reason is regenerative braking. When you hit the brake pedal on most internal combustion vehicles, hydraulic pressure is generated by the master cylinder and sent to the calipers.

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What “Passenger Airbag Off” Light Means & How to Turn It Off

RepairSmith

An illuminated “ passenger airbag off ” light indicates that your passenger-side airbag won’t deploy in an emergency. In most modern cars with advanced safety systems, the passenger airbag light turns on or off automatically based on seat sensors. However, you can also manually turn off the passenger airbag in specific situations. So, let’s examine the eleven reasons the indicator switches on and some tips to ensure your car detects your passenger every time.

IT 52
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Fountain Tire makes three leadership appointments

Tire Review Magazine

Fountain Tire has announced the advancement of three executives to new vice president roles. Curtis Goodwin will become VP Stores – Alberta and Saskatchewan; Nason Higinbotham will become VP stores – BC, Manitoba and Ontario; and Yves Richard will become VP – supply and wholesale. Curtis Goodwin started his career at Fountain Tire more than 30 years ago, as assistant manager then store manager, building a strong team and profitable retail location in Edmonton.

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2024 Car Buying Outlook: Trust Drives Customers to Dealership

AutoSuccess

Car buyers’ trust in dealers is a key indicator of how transparent they perceive the car-buying process — even with access to digital tools to complete key elements of their purchase. The 2024 Capital One Car Buying Outlook finds almost half (48%) of car buyers said they would be willing to go to a car dealership with higher prices if it was a dealership they could trust.

Car 52
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The power of regenerative EV braking

Tire Review Magazine

This EV has more than 70,000 miles on the front brake pads. Going this far would be unimaginable for most internal combustion powered vehicles. So, how did the EV do this? The reason is regenerative braking. When you hit the brake pedal on most internal combustion vehicles, hydraulic pressure is generated by the master cylinder and sent to the calipers.

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NADA Board Elects 2025 Chairman, Vice Chair

AutoSuccess

The National Automobile Dealers Association (NADA) elected Tom Castriota, owner of Castriota Chevrolet, Inc. in Hudson, Florida, as its 2025 chairman. Castriota will succeed Gary Gilchrist, president of Gilchrist Chevrolet Buick GMC, Inc. in Tacoma, Washington. “I am humbled and grateful to become the next NADA chairman,” said Castriota, who currently serves as NADA vice chairman.

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‘Subtle yet significant’ trends involving commercial vehicles surface in Q3

Auto Remarketing

Work Truck Solutions said the interplay between the new and used segments of commercial vehicles reveals a series of “subtle yet significant” indicators that warrant attention. That’s the primary finding from its Q3 2024 Commercial Vehicle Market Analysis, which indicated the commercial vehicle market overall is continuing to recover. Work Truck Solutions reported that new work truck inventory continued to climb in the third quarter, with increases of 5.8% quarter-over-quarter and 39.7% year ove

Vehicle 52
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New Product Overview – Eastwood Benchtop Powder Booth

Eastwood

For DIY powder coaters, one of the common challenges of the process is managing all the excess powder it generates. Large spray booths are often out of the budget for hobbyists, and they take up a lot of space. Spraying over the shop garbage can – a popular alternative that even we’re guilty of doing – has its drawbacks too. The reality is, without a way to collect it as you work, you’re going to get powder everywhere.

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PRT to showcase new products at AAPEX 2024

Tire Review Magazine

PRT , a brand of ADD USA group, will be exhibiting various product lines and new applications at the Venetian Expo, A4871 at the AAPEX 2024 show. According to PRT, some of the highlights for the show are the new complete strut assemblies recently released by the brand, designed for the 2023 Chrysler Pacifica and the 2023 Kia Forte GT. Additionally, PRT is featuring SUV and pickup truck applications, including the Jeep Compass, Audi Q5, Ford F-150, Chevrolet Silverado, and Dodge Ram 1500, among o

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Video – Using Gas Lenses for Better TIG Welds

Eastwood

When it comes to TIG welding, Pyrex gas lenses offers several advantages over traditional ceramic gas cups. Made of transparent glass, they allow welders to see the weld puddle, torch, and electrode more clearly. This improved visibility helps in making precise welds, especially in tight or intricate areas. Gas lenses also create a smoother and more laminar gas flow compared to standard gas cups.

IT 52
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Fountain Tire makes three leadership appointments

Tire Review Magazine

Fountain Tire has announced the advancement of three executives to new vice president roles. Curtis Goodwin will become VP Stores – Alberta and Saskatchewan; Nason Higinbotham will become VP stores – BC, Manitoba and Ontario; and Yves Richard will become VP – supply and wholesale. Curtis Goodwin started his career at Fountain Tire more than 30 years ago, as assistant manager then store manager, building a strong team and profitable retail location in Edmonton.

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Tesla Will Sell You A Cybertruck Light Bar That It Legally Can't Install

Jalopnik

Tesla Cybertruck fans are raving about the truck’s latest OEM accessory : A light bar that sits atop the windshield and blinds all oncoming traffic with its copious lumens. The light bar only has one real problem — it’s illegal for street use, and it’s illegal for Tesla to even install it on your shiny new truck. Read more.

IT 63
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PRT to showcase new products at AAPEX 2024

Tire Review Magazine

PRT , a brand of ADD USA group, will be exhibiting various product lines and new applications at the Venetian Expo, A4871 at the AAPEX 2024 show. According to PRT, some of the highlights for the show are the new complete strut assemblies recently released by the brand, designed for the 2023 Chrysler Pacifica and the 2023 Kia Forte GT. Additionally, PRT is featuring SUV and pickup truck applications, including the Jeep Compass, Audi Q5, Ford F-150, Chevrolet Silverado, and Dodge Ram 1500, among o

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Educating Fleet Drivers to Preserve Vehicles for Sale

Automotive Fleet

Use these five strategies to motivate drivers to care for their vehicles. Have you thought about asking your drivers to submit photos of their vehicles once per year?

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Car Dealership Owner Can't Carjack A Customer At Gunpoint After All

Jalopnik

If there’s one thing Florida loves more than getting its ass kicked by the University of Georgia, it’s letting people do pretty much whatever they want with their guns. So imagine our surprise when a Florida jury decided it actually wasn’t cool for a dealership to carjack a customer who had an issue setting up autopay… Read more.

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Commercial Sales Lead Auto Auction Activity This Year

Automotive Fleet

Despite a flattening curve due to fewer off-lease vehicles coming into channels, commercial sales rank highest in volume increases since 2023.

Vehicle 52
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2025 Audi S5 Is A Car Of Happy Mediums

Jalopnik

What does Audi’s S subbrand mean to you? As someone who daily drove an original C4-generation Audi S6 for a decade , it’s a big and burly sports sedan with more performance than a lot of sports cars of its day. All-wheel-drive traction , boost for days, and a manual transmission are the name of the game. In the last 34… Read more.

Car 56
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BendPak’s Adjustable Seats Enhance Worker Comfort and Safety

AutoSuccess

BendPak Inc. has expanded its Ergochair line of ergonomic work seats with three new models: ERGO-JET , ERGO-SCOOT and ERGO-GLIDE. These models join the original ERGO-RS crossover work seat, offering adjustable seats, creepers and workstations designed to enhance worker comfort and productivity while reducing the risk of injuries and strain. “All four Ergochair models leverage ergonomic principles to enable auto and aviation mechanics, car detailers, assembly line workers, and other professionals

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2025 Mercedes-AMG GT63 Pro Doesn’t Need A Pro Behind The Wheel To Impress On Track

Jalopnik

Biblical clouds breeze across the sky above, vacillating between brief, glorious moments of sunshine and dark gray clouds unleashing onslaughts of track-soaking downpours. It’s finally my turn to drive Mercedes-AMG’s new GT63 Pro on the Ascari racing circuit , and despite not having driven the car or the track before, I… Read more.

Car 56
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Testing the off-roading capabilities of the RoadX RX Quest R/T from Sailun Tire

Tire Review Magazine

The off-roading tire segment has seen a lot of growth since the pandemic, and it’s only going to get bigger in the coming years. According to SEMA’s 2023 Future Trends report, U.S. off-roading and oversized tires rake in around $2 billion annually, and the light-truck segment in the U.S. is estimated to account for close to 80% of all new vehicle sales by 2027.

Trucking 102
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Ford's 'Lifetime' Air Filters Were An Engineering Solution To A Non-Existent Problem

Jalopnik

Lifetime or sealed vehicle parts don’t always end up working as intended. While automakers sell buyers on the ability to never have to change this fluid or swap out that filter, you usually have to end up doing one or the other. I once had a Chevy Sonic with a sealed transmission that started having, you guessed it,… Read more.

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What Car Would You Buy Today To Flip In 25 Years?

Jalopnik

Our own Lawrence Hodge has been complaining about prices on Radwood-era cars lately and frankly, I think he’s just getting old-man cranky. Seeing cars that your middle school friends’ mom drove going for classic car prices is like hearing your favorite song at the grocery store; it’s a sign you are no longer a spring… Read more.

Car 47
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Two Bugatti Chirons Crash Into Each Other And An Innocent Truck During Morocco Tour

Jalopnik

With a price north of $3 million, even a repair bill for a minor fender-bender in Bugatti Chiron could cause financial anxiety for an average person. During the ongoing Bugatti Grand Tour in Morocco, one of the scenic group drivesended with one Chiron crashing into another Chiron. Bugatti CEO Mate Rimac is attending… Read more.