Sat.Apr 06, 2024 - Fri.Apr 12, 2024

article thumbnail

Valuing your shop: Understanding multiples

Auto Service World

Private equity firms, however, had their eyes on the industry and threw traditional expectations for multiple for a loop The post Valuing your shop: Understanding multiples appeared first on Auto Service World.

article thumbnail

What Determines the Value of a Car? A Guide for Auto Body Estimating Grads

Automotive Training Centre

Many car owners use the service of an auto body estimator at least once. These professionals are often found in auto body-works shops or insurance companies, providing accurate estimates for repairs, replacements, and insurance claims. What Determines the Value of a Car? If you’re an auto body grad set to begin your journey in this line of work, you’ll need to know all about the factors that determine a car’s value so you can accurately assess damages and provide estimates.

Car 254
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Edmunds bought a Fisker Ocean, warns others not to make the same mistake

Autoblog: Car News

Filed under: Green , Weird Car News , Fisker , Car Buying , Crossover , SUV , Electric Continue reading Edmunds bought a Fisker Ocean, warns others not to make the same mistake Edmunds bought a Fisker Ocean, warns others not to make the same mistake originally appeared on Autoblog on Mon, 8 Apr 2024 10:19:00 EDT. Please see our terms for use of feeds.

article thumbnail

America’s F-15s on Track to Becoming the Kings of Electronic Warfare

autoevolution

The American F-15 aircraft family is one of the oldest of its kind in the skies of the world. Originally born in the early 1970s in the hangars of a company called McDonnell Douglas, it was repeatedly upgraded to keep up with the times and work on it won’t stop anytime soon. That’s because in one of its more modern incarnations, the one known as the Eagle II, it was selected to be one of the five members of the future. ( continue reading.

article thumbnail

How AI can help with those mundane tasks

Auto Service World

Those mundane digital tasks automotive aftermarket leaders hate doing can likely be taken care of by artificial intelligence. A panel discussion explored ways that tasks like responding to customer reviews, sending out surveys and posting on social media can all … The post How AI can help with those mundane tasks appeared first on Auto Service World.

Media 290
article thumbnail

Starting Your Auto Mechanic Career? 5 Employer Red Flags to Remember

Automotive Training Centre

Completing your auto mechanic training unlocks many opportunities in your Auto Mechanic Career, yet only some options will be the perfect fit for you. While accepting the first offer right after your training can be tempting, this might not be your best career choice for several reasons. Finding the right employer is crucial to your professional development and job satisfaction, like any career path.

Mechanic 249
article thumbnail

Bridgestone Golf CEO Dan Murphy shares what links tires to teeing up Tiger Woods – PART I

Tire Review Magazine

Tiger Woods, Jason Day and Freddie Couples are just a few of the names linked to the quality and precision behind Bridgestone Golf – but the man behind the scenes who helped create and catapult the Bridgestone Golf brand to PGA grounds is Dan Murphy, the company’s current president and CEO. Dan has a long history in the golf business and is a golf fanatic himself.

More Trending

article thumbnail

The biggest challenge for EVs is…

Auto Service World

No matter the product, something that forces people to change their behaviours will be the toughest sell to the public, according to an automotive leader. Leila Afas, director of global public policy at Toyota Motor North America, told attendees of … The post The biggest challenge for EVs is… appeared first on Auto Service World.

article thumbnail

Advice For Techician Turned Shop Owner (New or Seasoned)

AutoInc.

I’m being real when I tell you that the transformation needed to go from tech to owner is challenging for most. The main reason is the skill sets needed for each role. Both roles are important in a business. The Challenge The role of technician is a doer (production). They assess the job they’re given and provide recommended repairs. They focus on getting the job efficiently.

A Tech 116
article thumbnail

March brings surge of inventory, falling prices, Cars Commerce report finds

Auto Remarketing

When tax season arrives, dealers know customers are coming — and they need cars to sell them. Not surprisingly, then, the monthly Cars Commerce Industry Insights Report for March showed a big surge in inventory. The report found supply jumped 7.6% from February to March, based on the company’s marketplace inventory, as dealers stocked up for the tax-season rush.

Car 111
article thumbnail

Carbon and Horsepower: The 888-HP Cabrio Mansory 911 Turbo S Is Out to Prey on Hypercars

autoevolution

How do you improve super-sportscar perfection? Let Porsche make it, then give it to Mansory to fiddle with it for a while. If all the stars align properly, we should get a P9LM EVO 900 Cabrio impression of the 911 Turbo S. After releasing the coupe version a while back (last September, to be specific), the open-top was more than likely to follow suit.

IT 124
article thumbnail

EV buyers concerns grow beyond charging issues

Auto Service World

As car buyers transition from gas-powered vehicles to battery electric, their satisfaction hinges increasingly on traditional factors such as quality and cost of ownership. The latest J.D. Power 2024 U.S. Electric Vehicle Experience (EVX) Ownership Study emphasized these elements as … The post EV buyers concerns grow beyond charging issues appeared first on Auto Service World.

article thumbnail

Bridgestone Golf CEO Dan Murphy shares what links tires to teeing up Tiger Woods – PART II

Tire Review Magazine

Tiger Woods, Jason Day and Freddie Couples are just a few of the names linked to the quality and precision behind Bridgestone Golf – but the man behind the scenes who helped create and catapult the Bridgestone Golf brand to PGA grounds is Dan Murphy, the company’s current president and CEO. Dan has a long history in the golf business and is a golf fanatic himself.

article thumbnail

Royal Administration Services Implements Autoflow’s iDVI (Instant Digital Vehicle Inspection) to Expedite the Warranty Claims Inspection Process

Autoflow

Dallas, TX – Autoflow announces the implementation of its iDVI (instant Digital Vehicle Inspection) by Royal Administration Services to provide a fast, digital solution for capturing essential information including pictures, videos, and notes for expediting the warranty claims adjudication and approval process. Royal Administration Services is an industry leader and premier provider of automotive service plans for new, used, and EV vehicles. “ This innovative virtual inspection tool empowers us

Vehicle 105
article thumbnail

She Bought a 1969 Chevy Camaro and Modified It. Now, the Owner Wants It Back

autoevolution

Custom car builder Emelia Hartford had her eyes set on a 1969 Chevrolet Camaro. She just could not stay away so she bought it and performed a "heart transplant" on it. She transplanted a twin-turbo LS V8 from her grandma's Buick Regal. Now, her 1969 Chevy Camaro is a beast in gray. ( continue reading.

IT 119
article thumbnail

March sales strong, just not as strong as desired

Auto Service World

In what could be a sign that new vehicle sales might see their hot streak come to an end, March sales were underwhelming, according to DesRosiers Automotive Consultants. While a 9.2 per cent year-over-year growth mark can be taken as … The post March sales strong, just not as strong as desired appeared first on Auto Service World.

article thumbnail

Understanding Your Market: Insights on Customer Retention and Conquest Opportunities

AutoSuccess

Vehicle brand retention is 43.7% in the U.S. By definition, to keep your sales numbers flat, you are constantly conquesting new customers more than retaining existing ones. How do you keep your retention as high as possible, and where do you look to conquest other brands? Using data compiled from vehicle deals closed last year, a few insights stand out to help you accomplish these things: Insight 1: Brand Retention Rates Are Rising The 43.7% retention rate is not good.

Trucking 105
article thumbnail

Mixed views on March, but signs point to ‘normalcy’ in wholesale vehicle market

Auto Remarketing

Wholesale vehicle prices last month were down double-digit-percentages from March 2023, but whether the close of the first quarter represented a strong spring market is up for some debate. It may depend on which industry index you’re observing. Still, a common theme of “normalcy” certainly has emerged in the used-car market. On Monday, Black Book released its Used Vehicle Retention Index, which fell 13.6% year-over-year and rose 0.9% month-over-month to come in at 151.8 for March.

Vehicle 105
article thumbnail

1,100+ HP Black Ghost Challenger Drags Hellcat Charger; There's No Rest for the Wicked

autoevolution

There will be a time when drag-racing piston-powered cars will be a pastime for the insanely rich people who can afford to own, maintain, tune, and race such wonders of the fossil era. Just like horses faded out into history, the octane-fused muscle will be so obsolete that it will endure in very restricted circles, far away from the main course of society’s future power sources.

Car 116
article thumbnail

CARS Executive Outlook 2024: Mike Howard

Auto Service World

CARS reached out to leaders in the automotive repair and service sector of the automotive aftermarket to ask them about their thoughts about the industry over the next 12 months. We wanted to know how things will change this year, … The post <span style=color:#ff0000>CARS Executive Outlook 2024:</span> Mike Howard appeared first on Auto Service World.

Car 278
article thumbnail

Dealer Insider with April Rain and Joe Shaker

AutoSuccess

In this episode of Dealer Insider, host Susan Givens explored the transformative power of industry events in the automotive sector with guests Joe Shaker of Shaker Auto Group and April Rain, CEO of Digital Rain. They discussed the critical role of connectivity and collaboration among manufacturers, dealers, tech innovators and investors. April detailed the success of a boutique event organized just before the NADA conference — AutoTech Investments.

article thumbnail

Beyond the Transaction: Vehicle transport plays a game of tech catch-up

Auto Remarketing

This feature is part of Auto Remarketing’s upcoming “Beyond the Transaction” edition, which is the May print issue of the magazine. It is available for Cherokee Media Group Premium subscribers now. During discussions with vehicle transport industry representatives, a common theme emerges: The industry has lagged behind the freight shipping industry in the area of technological innovation.

article thumbnail

Barrett-Jackson CEO Owns, Drives a 1970 HEMI Cuda Convertible Full of Surprises

autoevolution

The late sixties and early seventies weren’t just fun and games for the American auto industry – although it might look like from afar, and especially from a half-a-century-away distance. Despite being one of the most fruitful periods in the timeline of Detroit’s momentous achievements, it was marred by conflicts between workers and their corporate employers.

IT 113
article thumbnail

Prices continue to rise in auto sector

Auto Service World

Whether it’s new vehicles, used ones or auto parts, prices across various categories of the automotive industry rose throughout 2023. New vehicles saw prices jump 3.4 per cent, according to the Consumer Price Index. Used vehicles had a more modest … The post Prices continue to rise in auto sector appeared first on Auto Service World.

article thumbnail

Lean Fuel Trim Codes: They Can Challenge the Experienced Technician

Mighty Auto Parts

The post Lean Fuel Trim Codes: They Can Challenge the Experienced Technician appeared first on Mighty Auto Parts. The 2013 Ford F150 equipped with a 3.5L EcoBoost engine was running perfectly. With the exception of a drop in fuel economy, there was no indication of a problem until the Check Engine light in the dash illuminated. A system scan revealed P2098 code stored in memory, which represents Post Catalyst Fuel Trim System Too […] The post Lean Fuel Trim Codes: They Can Challenge the Ex

article thumbnail

vAuto Expands Upside to Texas

AutoSuccess

vAuto continues its mission to help dealers maximize returns on every vehicle with a significant expansion of its one-of-a-kind wholesale solution, Upside , into the Texas market. Made possible through the combined power of vAuto , Kelley Blue Book and Manheim , Upside is the only end-to-end wholesale solution that enables dealers to acquire trade-ins at the right price while helping ensure a profitable wholesale exit.

Retail 98
article thumbnail

My Uber Driver Just Proved GM's Theory Over Android Auto and CarPlay Safety

autoevolution

While I admit this could become a controversial piece, let me tell you one thing from the very beginning: I don't agree with GM's reasoning for dropping Android Auto and CarPlay, I don't believe this is what customers want, ( continue reading.

112
112
article thumbnail

Here’s how Lordco celebrated 50 years at its trade show

Auto Service World

Lordco marked a major milestone at its annual trade show. The B.C.-based Western Canadian automotive aftermarket parts distributor hosted its 34th annual show on the PNE grounds. Held Apirl 3-4, the Coliseum portion saw suppliers from hard parts to recreational … The post Here’s how Lordco celebrated 50 years at its trade show appeared first on Auto Service World.

IT 271
article thumbnail

Kumho Tire U.S.A. launches two new EV tire options

Tire Review Magazine

Kumho Tire U.S.A. has introduced two new options in its expanding EV tire lineup: the Majesty 9 Solus TA91 EV and Crugen HP71 EV. Featuring Kumho Tire’s proprietary K-Silent technology, which the company said can help to reduce cabin noise and enhance comfort, the Majesty 9 Solus TA91 EV is ideally suited for drivers of EV coupes, sedans, and CUVs, while the Crugen HP71 EV offers what the company described as a top-tier feel and quiet ride specifically for CUVs and SUVs with an added level

article thumbnail

The Ultimate Guide To Alternator Repair And Replacement

Scotty's Automotive Services

As a car owner, a malfunctioning alternator is one of the most frustrating and unexpected problems you can face. Not only does it leave you stranded on the side of the road, but it also puts a dent in your wallet. However, you can avoid this issue with the right knowledge and proper maintenance. We will discuss everything you need to know about alternator repair and replacement.

article thumbnail

'72 Chevy El Camino Wants To Lure You Into Classic Car Ownership

autoevolution

Several automakers have tried conquering the low-slung pickup class over the decades, yet perhaps the best-known model is the Chevrolet El Camino. A true motoring icon, it first came out at the end of the 1950s, mixing a traditional coupe with an open bed behind the cockpit. Chevrolet kept it in production until 1987, when the last copy of t. ( continue reading.

Car 112
article thumbnail

AAA warns of AEB issues

Auto Service World

While automatic emergency braking (AEB) systems have provided benefits to drivers, they’re not foolproof, the American Automobile Association is warning. Recent research from AAA put the spotlight on the performance of reverse AEB systems, specifically those equipped with rear cross-traffic … The post AAA warns of AEB issues appeared first on Auto Service World.

article thumbnail

OTAA to host free training for members in Akron, OH

Tire Review Magazine

The Ohio Tire and Automotive Association (OTAA) will offer free technician training sessions for its members, taking place April 9-11 in Akron, OH at Babcox Media. The association said these workshops are designed to enhance technician’s technical expertise and keep them up-to-date with the latest industry advancements. To register, visit otaatraining.com.

article thumbnail

Unlocking Service Drive Revenue: The Critical Role of Technician Inspections

AutoSuccess

In my extensive years of service consulting, the phrase “money left on the table” has been a constant rallying cry for both consultants and technology products urging clients to optimize their revenue potential. While numerous processes aim to minimize this financial oversight in modern service drives, I contend that a significant portion of the solution lies within the often-underestimated realm of the multipoint inspection (MPI).

article thumbnail

1968 Pontiac Firebird Previously Owned by Nancy Sinatra Flexes Super Rare Pink Mist Color

autoevolution

Pink is a color many enthusiasts don't want on their muscle cars. They say it's too feminine and looks out of place on a vehicle that's supposed to burn rubber when the pedal hits the metal. But that didn't stop the Big Three from offering pink hues on muscle or pony cars back in the day. ( continue reading.

Car 111
article thumbnail

CARS Executive Outlook 2024: Martyn Johns

Auto Service World

CARS reached out to leaders in the automotive repair and service sector of the automotive aftermarket to ask them about their thoughts about the industry over the next 12 months. We wanted to know how things will change this year, … The post <span style=color:#ff0000>CARS Executive Outlook 2024:</span> Martyn Johns appeared first on Auto Service World.

Car 264
article thumbnail

OTAA to host free training for members in Akron, OH

Tire Review Magazine

The Ohio Tire and Automotive Association (OTAA) will offer free technician training sessions for its members, taking place April 9-11 in Akron, OH at Babcox Media. The association said these workshops are designed to enhance technician’s technical expertise and keep them up-to-date with the latest industry advancements. To register, visit otaatraining.com.