Jump to content


  • Announcements

    • AutoShopOwner

      Advertising & Promoting Your Company On AutoShopOwner - Information   02/25/2017

      This message is only shown to FREE members and goes away after subscribing to a paid membership. If you are joining AutoShopOwner to promote your business, service, or product to this community of auto shop owners, please subscribe to a Sponsor Member Annual Package before doing so. With the correct membership, you will have the ability to post about your company in your posts and forum signature.

      You can upgrade your existing membership here.

      All marketing attempts to this community without proper membership level and/or approval by staff, will be considered spam, result in topic/post removal, and a warning, which can lead up to the banning of your membership, company and/or product on all pages of AutoShopOwner.

      Thank you for your support.
Elon Block

Can something good come out of Washington, D.C.?

Recommended Posts

When my granddaughter, Jenna, was about four years old, we were headed to the park playground.
And on the way, we stopped to pick up something from one of my clients.


post-1866-0-40012200-1430510641_thumb.jpg

As soon as we walked into the showroom, she slapped her hand over her nose and loudly said,
"Ewwww... what is that smell?"

 

It took me a couple of seconds to discover she was referring to the smell of the tires.

Because at her height, her little nose was directly aimed at a tire display.
So, I took a big whiff myself and said to her, "Jenna, that's the smell of money."
She and I had a fun conversation in the car afterwards about how an auto repair "store"
makes money by taking care of Mommy's and Daddy's cars.
Which brings me to what took place in D.C. this past week. And how this relates to money.
And you.
All the industry magazines are talking about this event. Here is a link to the official report:
Here are some links that summarize the report:
In essence, the Auto Care Association unveiled the first-ever "State Of The Auto Care
Industry Report" at an inaugural Industry Forum in Washington, D.C.
This forum of people gathered together to discuss the huge impact the auto repair
industry makes on the economy.
I usually don't follow what happens in D.C. However, this information impacts every single
auto repair business, so it obviously caught my attention.
There were a number of things that stood out for me.
  1. Average vehicle is 11.5 years.
  2. 12-plus-year-old vehicles will grow by 15 percent.
  3. These vehicles are primarily serviced at independent repair facilities.
Never in the history of the automotive industry has there been such a high percentage of
older vehicles on the road.
And that number is climbing.
The other good news is: "vehicles in the 'new to 5-year-old' range are expected to grow by 32%."
That's a huge number of cars that will be coming off of warranty.
Anyway, you look at it... that's a lot of opportunity.
What are your thoughts about this report? And how do you see it impacting your business?

Share this post


Link to post
Share on other sites


Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now




×