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How EV charging is key to fuel retailers’ future profitability

Auto Service World

Fuel retailers view electric vehicle charging as a critical part of their future business, according to a new survey. Boston Consulting Group has warned that 80 per cent of fuel stations could become unprofitable by 2035 if they do not adapt to meet evolving demands. million barrels per day.

Retail 278
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Uncertainty as retail sales grow

Auto Service World

There was growth across all areas of retail automotive sales, but caution is being mixed in as uncertainty looms. The consultancy also noted that gas prices saw a big jump in March 2024. Image credit: Depositphotos.com The post Uncertainty as retail sales grow appeared first on Auto Service World. per cent growth.

Retail 195
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Aftermarket faces challenges as market softens

Auto Service World

A forecast from DesRosiers Automotive Consultants highlighted a potential future shift in demand for aftermarket services as fewer vehicles enter the critical years for parts replacement and maintenance, underscoring the need for the industry to adapt as Canada’s vehicle landscape changes. per cent drop.

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Get rid of this management style in your shop

Auto Service World

If you want better team dynamics, the styles you may have been raised with when coming up as a technician wont help you achieve that, said Murray Voth, an automotive aftermarket consultant and coach with RPM Training.

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Aftermarket expects more growth this year

Auto Service World

The automotive aftermarket is reporting a positive trend in sales growth among retailers, with significant optimism for 2024.

Retail 290
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Why there’s concern over falling auto retail numbers

Auto Service World

June’s automotive retail sales data revealed notable declines across various segments, including those in the aftermarket, raising concerns within the industry. DesRosiers Automotive Consultants (DAC) reported a “worrying” drop in automotive retail sales for June, with declines observed across multiple segments. per cent rise.

Retail 147
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Why your inspections need to be easy to read

Auto Service World

Imagine that car belongs to your grandmother, said Alan Beech, an aftermarket coach and consultant with Beech Consulting. Speaking at the Automotive Aftermarket Retailers of Ontario, he challenged shop owners to ensure their staff are talking to their customers in a more simple way. Does she even know where it is on the car?