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Auto Parts Training: 5 Essential Skills for Future Shop Owners

Automotive Training Centre

Efficient inventory management will also help reduce costs by preventing overstocking or understocking, which is essential for keeping your shop’s finances healthy. From setting competitive service prices to tracking expenses and managing payroll, shop owners must keep a close eye on the finances to stay profitable.

Finance 290
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Longtime employees take ownership of Red Deer’s Elmac Auto Electric

Auto Service World

Now at the helm, Favelle oversees daily operations and staff, while Bornn manages inventory, technical operations and finances. Their connection to Elmac extends beyond work, as they met through the business and have raised their two children, Riley and Cole, in the company environment since 2013.

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Rivian to Receive $6.6B Conditional Loan from US DOE

Tomorrow's Technician

Over the history of the loan program, DOE has provided billions in financing for American EV manufacturing, including loans to General Motors and Tesla.

Finance 130
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Do You Have What It Takes to Start Your Own Auto Body Shop?

CATI

But turning this dream into reality requires more than just a love for carsit takes technical expertise, business savvy, and determination. Technical Expertise in Auto Body Repair You need a deep understanding of vehicle repair and restoration to run a successful auto body shop. This is where quality auto body training comes in.

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Considering Auto Sales Training? Exploring the Roles of Each Team Member

Automotive Training Centre

This job calls for a particular combination of technical expertise and people skills. Finance Managers: Mastering the Financial Side of Auto Sales Finance managers handle the financial aspect of the sales process; they help clients obtain auto loans, explain complex financing choices, and carefully monitor paperwork to guarantee accuracy.

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4 Best Practices for Processing Payments After Service Advisor Training

Automotive Training Centre

This professional acts as a bridge between customers and the technical team that services vehicles. Multiple payment options, including cash, cards, digital wallets, and financing plans for more expensive repairs, can significantly enhance customer experience.

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Automotive School EV Watch: Are Federal Rebates Working?

Automotive Training Centre

In a recent budget announcement, Quebec Finance Minister Eric Girard declared that subsidies for EVs and plug-in hybrids would be phased out starting next year and completely eliminated by 2027. These incentives have significantly boosted EV sales, with electric vehicles comprising 23% of all cars sold in Quebec by late 2023.