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Tag: Shop Management
GDP Declines as Recession Chances Grow
The U.S. economy contracted for the second straight quarter from April to June, hitting a widely accepted rule of thumb for a recession, the Bureau of Economic Analysis reported Thursday. Gross domestic product fell 0.9% during that period, following a 1.6% decline in the first quarter and was worse than the Dow Jones estimate for… Continue reading GDP Declines as Recession Chances Grow
Enterprise Expands Collision Engineering College Program
Enterprise Holdings, through the Enterprise Holdings Foundation, has formed a new partnership with Collin College Technical Campus in Allen, Texas, to support the growth and expansion of its Collision Engineering Program, the company announced. Now active in five schools across the U.S., the program uses a two-year apprenticeship model in which students receive real-world experience… Continue reading Enterprise Expands Collision Engineering College Program
Federal Reserve: Inflation to Continue, Recession Fears Growing
A new economic survey from the U.S. Federal Reserve found that recession fears are rising, and that inflation is likely to last until the end of the year, according to a new report from CNBC. The survey of the Fed’s 12 districts found that business contacts had reported a general slowdown in demand, and concerns… Continue reading Federal Reserve: Inflation to Continue, Recession Fears Growing
From the Mag: What a Concept
If you’re at all familiar with restylers across the country, you’ve probably heard of Automotive Concepts in Minneapolis. These northerners not only have thick blood due to the cold weather, but have also proven to have thick skin when it comes to the trials and tribulations of becoming a premier accessory shop. The company now… Continue reading From the Mag: What a Concept
Ep. 36 – Combating the Vehicle Inventory Shortage
Cristina Jorge, vice president of Florida-based restyler Specialty Automotive Treatments, details the challenges of building packages during the current vehicle shortage, products to speed up turnaround time, showroom design and more. This episode is sponsored by LEER.
Featured Product: LIQUI MOLY Top Tec 4200 5W-30 New Generation
LIQUI MOLY Top Tec 4200 5W-30 New Generation is a full synthetic oil designed for Volkswagen and Audi specifications…
Key Performance Indicators Report — July 2022
Sponsored by LEER – A comprehensive source for industry insights, exclusive interviews, new and used vehicle data, economic analysis, consumer reporting, relevant global affairs and more…
KPI — July 2022: The Brief
Inflation remains the main concern for both small business owners and consumers…
KPI — July 2022: State of Business — Automotive Industry
Supply chain bottlenecks are the key issue facing the global automotive industry, with manufacturers unable to meet demand in most regions…
KPI — July 2022: Recent Vehicle Recalls
A roundup of recent manufacturer safety recalls…
KPI — July 2022: State of the Economy
Rising prices for food, gasoline and shelter are the main contributors to the largest increase in consumer costs since 1981…
KPI — July 2022: Consumer Trends
Experts are expecting continued inflation and aggressive interest rate hikes to negatively impact consumer spending and economic growth over the next six months…
Why Ignoring Marketing Strategy is Costing Your Aftermarket Shop Money
When it comes to promoting and marketing your shop, you should develop a comprehensive strategy to ensure that your efforts are effective…
Repairify Acquires Automotive Training Group
Repairify has acquired technical training company Automotive Training Group (ATG), the company announced. With live and virtual classes offered in all 50 states and internationally, ATG offers automotive technical training backed by quality instructional materials and experienced educators, the company said, and curriculum is developed with a diagnostic approach, combining OEM support information with real-world… Continue reading Repairify Acquires Automotive Training Group