Rivian Automotive $80 Billion IPO valuation risks electric shock
From Reuters & BusinessWire Rivian Automotive…
From Reuters & BusinessWire Rivian Automotive…
Looking for higher profits? Never forget that small changes can lead to large profits. As an example, if your shop generates $100,000 in monthly sales, and if $60,000.00 of that amount is in your labor sales, a simple 3%…
A recently released report lists the 2006 to 2020 car models that cost the most and least to insure and comes at a time when used car sales and prices are at record highs.
The Tekmetric Index (TM-500) collects data from 500 auto repair shops, a sample of Tekmetric users across the U.S. TM-500 monitors economical trends to show how the industry is performing as a whole.
Domestic nameplates fell in their number and share of vehicles in operation (VIO) between 2010 and 2020, as the foreign nameplate population increased by more than 50 million.
Americans are paying a pretty penny to hit the road this summer.
As the 2021–2022 school year launches nationwide in a much different fashion than last year's at-home pandemic-induced virtual learning, student drivers once again will need the right vehicle to get them to and from school and activities.
In a recent episode of WrenchWay’s “Beyond the Wrench with Jay Goninen,” ASE Education Foundation Vice President George Arrants discusses why students are losing interest in the industry, the struggles of being a new technician, and the importance of a successful mentorship program.
Mike Anderson of Collision Advice said he gets concerned when he sees “Who Pays for What?” survey findings that suggest half of shops may not be following OEM safety inspection procedures.
"The historic 2020 mileage decline continued a trend of reduced annual miles for cars and light trucks dating back to 2015.
In-dash fuel economy displays estimate the number of miles a vehicle gets per gallon, including how many “miles to empty.”
Motorists saw some positive change at the pump on the week with 31 state gas price averages declining one to five cents.
Car shoppers often face the dilemma of being drawn to an older model or even a high-mileage model that is otherwise a perfect match for their budget, needs, or tastes. This is especially true in today’s market, where vehicle selection is haphazard and late-model, low-mileage cars are in short supply. If you have to compromise, does age or mileage matter more?
The U.S. National Highway Traffic Safety Administration has issued recalls for July 15 through 22, including a Nissan recall involving 138,736 units and a Jayco recall involving 87,649 units.
Sixty-seven percent of independent repair shops indicate a portion of their business is from servicing battery electric vehicles.
The estimated average transaction price (ATP) for a light vehicle in the United States was $42,258 in June 2021, according to the analysts at Kelley Blue Book. New-vehicle prices increased $2,527 (up 6.4%) from June 2020, while increasing $928 (up 2.2%) from May 2021.
We work with many world class shop owners throughout North America, and over the years we have discovered that the majority of them have a number of things in common.
Used vehicle demand in the U.S. has risen to unprecedented levels.





