Data Did You Know: In our ShopOwner survey looking back at the pandemic year, 83% of shops said they had increased sanitation measures in some way. In the survey, 8% of respondents said these measures have had a major effect on profitability, while 40% said they have had a minor effect.
The Wagoneer is predicted to hold its value best among large SUVs, says J.D. Power.
The premium, powerful Wagoneer is predicted to hold its value best among large SUVs, according to the J.D. Power 2023 U.S. ALG Residual Value Awards.
The U.S. ALG Residual Value Awards are the automotive industry standard in recognizing vehicle models projected to hold the highest percentage of their manufacturer's suggested retail price following a three-year period of ownership, according to J.D. Power. This value retention is a key variable in the lease cost of a vehicle, underscoring an automaker's success in the areas of long-term quality and design, as well as the overall desirability of automotive brands and their models.
A new J.D. Power study shows customer satisfaction with buying vehicles is down for the first time in a decade.
The supply of incoming automotive techs from post-secondary programs dropped 11.8% last year.
In the J.D. Power 2022 U.S. Mobility Confidence Index, consumers show greater comfort with transport of goods than people.
The research was commissioned by ASE with the online survey conducted by b4 Branding, an independent research firm.
According to NPD, low-income households react to inflation; high-income earners making fewer discretionary purchases.
The Industrial Production of Auto Parts and Allied Goods was down for the fourth month in a row, at 109.39 in August 2022.
REPAIR Act and SMART Act research papers argue Right to Repair solutions needed in wake of advancing technology.
The anonymous survey asks industry professionals to share their experiences with heavy-duty repair shops over the past year.
