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The latest issue of CARSmagazine is here and it features the annual Executive Outlook , featuring 10 leading experts in the mechanicalrepair 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.
Mechanicalrepair 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.
Now, as companies revisit their strategies, CARSmagazine spoke with leaders in the auto care sector to review what DEI actually is, what its supposed to be and what it means to this industry. In these troubling economic times, Zakari Krieger examines the challenges for mechanicalrepair shops and managing your way through.
The Canadian Auto Care Industry Conference brought together the associations national gathering for the mechanicalrepair sector as well as the Canadian Collision Industry Forum. The first day focused on the mechanicalrepair sector. The two events have traditionally been held as two separate events.
Are you currently focusing only on mechanicalrepairs 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?
Reconditioning vehicles is a crucial process for dealerships as well as individual owners looking to enhance a cars value before resale. Lets explore the best ways to improve vehicle value, focusing on cost-saving techniques, including efficient paint chip repair for winter road damage.
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.
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.
Beyond mechanicalrepairs 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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