Shop Profile: Kaiser Tire And Auto Service Center
Joe Miles started his career in the automotive aftermarket as a technician. But he quickly realized that his strong suit wasn’t in the bay.
Which States Paid The Least And The Most For Car Repairs? CarMD Knows
The latest Vehicle Health Index from CarMD finds that the District of Columbia has the most expensive check engine repairs; Vehicle owners in Ohio paid the least for car repairs in 2018.
JD Power: New Vehicle Sales Slow, Discounts Rise, But Average Prices Break Records
May will be the fifth consecutive month in 2019 to experience a sales decline, with calendar year-to-date sales through May expected to be down 5.2% compared with the same period in 2018.
CarMD Vehicle Health Index: Ignition Coils, Spark Plugs, O2 Sensors Tied For Most Commonly Diagnosed Check Engine Repair
CarMD’s 2019 Vehicle Health Index also found that car repair costs were up across all U.S. regions in 2018.
The Hidden Value Of Local Chamber Of Commerce Membership
Traditionally, automotive service businesses tend to get looked down upon by other business professionals. This image can make being an active member of a chamber of commerce seem daunting.
Auto Care Association President And CEO Bill Hanvey Testifies On USMCA Investigation
Hanvey explained that although “the USMCA will result in increased investment and/or reshoring of production into North American supply chains,” the Auto Care Association is concerned with a few provisions in the USMCA, including increased rules of origin, new certification requirements, sunset provision and quotas capping imports exempt from the pending Section 232 autos and auto parts investigation.
Automotive Trends: A Mostly Positive Outlook For The Aftermarket
The looming shift to autonomous technology is one of five trends that Seng highlighted in his AAPEX presentation, “Five Trends in Five Minutes: Key Trends Impacting the North American Automotive Aftermarket.”
University Of The Aftermarket Foundation Gives Update At AAPEX
In 2018, the foundation received 635 complete scholarship applications and awarded 302 scholarships for a total of $450,100. Fourteen of those scholarships were awarded to veterans.
Managing Cash Flow
Without cash, an automotive repair shop will inevitably shut down, regardless of how profitable it looks on paper. You can be “rich” in accounts receivable and inventory, but cash poor if these assets are not convertible into cash to meet current obligations. In fact, cash is the only asset a company needs to stay in business.
The Aftermarket Auto Parts Alliance Awards $25,000 In Scholarships To Students
The Alliance Scholarship program was developed in 2001 and has given away nearly $1 million in scholarships to deserving students.
