New Arizona state laws now allow dealerships to bill back the manufacturers at the same rate they charge a “paying” customers. It is a big change and a majority of the states have this same law already.
If a dealership can prove and provide an analysis of the rate they charge customers, and if it is over a 40% markup, the manufacturer will allow the dealership to charge back the manufacturer that same rate.
Read More
With fast technological advancement and constant development in the auto market, the world is looking for constant innovation. In terms of revenue, the automotive industry is one of the world’s most important industries and it is an industry that is constantly looking to develop the best technology available for their customers.
Read More
A significant trend in the automotive industry over the last 10 years has been the increase in average age of vehicles owned by consumers. Car owners are more likely to be on top of preventative maintenance and scheduled servicing, to prolong the lifetime value of their vehicles.
The result is that the aftermarket industry for automotive service has grown substantially, and represents a profitable and sometimes untapped, opportunity for revenue.
Read More
