Unlocking Your Business Potential
How do I start a car showroom? The standard procedure of getting into the car dealership business: Filling out the application form. Securing a surety bond (the number of security bonds that you might need, depending on your line of business). Buy liability insurance for your vehicles. Apply for a GST tax number. Develop your … Read more
Where does the detail geek live? Regina, Saskatchewan The Detail Geek of Regina, Saskatchewan was created for owners of automobiles who share the same passion for the art and beauty of cars that I do. Read more on www.thedetailgeek.ca As more automobile owners seek out expert cleaning and maintenance services, the auto detailing industry has … Read more
How many cars are scrapped each year in the world? More Than 27 Million Cars Are Scrapped for Recycling Each Year. Read more on www.themechanicdoctor.com The United Nations Environment Programme (UNEP) estimates that approximately 25 million automobiles globally reach the end of their useful life each year. In industrialized nations like the United States, Japan, … Read more
Who is the number 1 car company in the world? The World’s Top Car Manufacturers Rank Company Country #1 Tesla U.S. #2 Toyota Japan #3 Volkswagen Germany #4 BYD China 8 more rows ? Read more on www.visualcapitalist.com The answer to which automaker is the best in the world is not as simple as one … Read more
How much does Porsche make per car? The news isn’t all bad for German brands, however. Despite the downturn, Porsche is reportedly showing a profit of nearly $11,800 (?10,000) per car, while in the U.S., Tesla is up by $3,500 (?3,000) per car. Read more on www.motor1.com Porsche is a well-known luxury sports car manufacturer … Read more
Who own the most car dealerships? The largest, Lithia Motors Inc., encompasses 181 dealerships. Read more on www.strongautomotive.com In order for automakers to market and sell their products to consumers, dealerships are a crucial component of the automotive business. An important part of the auto industry is dealership ownership, with big players having a sizable … Read more
Are auto repair shops profitable? For the automotive repair industry, the average profit margin is between 20-28% for parts and 50-65% for labor. In order to maximize your profit margins, you either need to increase your revenue or decrease your costs. Read more on blog.bayiq.com For many years, auto repair shops have been a vital … Read more
Will car prices go down in 2021? According to KPMG’s recent study, U.S. dealer inventories had fallen to historic lows by July 2021 and new car prices soared past MSRPs. It’s expected that the market will balance out and prices will start to drop when automakers are once again able to produce a normal supply … Read more
What industry is car sales? automotive industry Auto sales refers to the number of cars and light trucks sold in the U.S. This statistic is closely watched by economists and investors since the automotive industry is a significant component of the U.S. economy. The automotive industry is an important part of the global economy. Read … Read more
Who is the best car painter? Read more on www.autobodynews.com When it comes to a car’s appearance, a beautiful paint job can be the difference between success and failure. But who is the world’s top auto painter? Given the abundance of brilliant painters, it is challenging to provide a clear response. But a select few … Read more