I didn’t make it to Detroit this year for NAIAS, but from what I read it was similar to the Los Angeles show in that it was a sea of SUVs and crossovers. That is good news for dealers as margins tend to be slightly higher on those models.
Meanwhile, autonomous driving seems to be getting closer and closer. In Detroit, John Krafcik, CEO of Waymo, Google’s autonomous driving spin off, says his firm has made great strides in the many technologies needed to allow a car to successfully drive itself gabapentin 100mg. Just as importantly, Waymo has also found ways to make the technology less expensive.
Autonomous vehicles will likely dramatically reduce the number of accidents, thus making driving safer and reducing business for collision repair shops, as body shops are often called now.
But there will still be plenty of work for body shops for many years to come. In this issue, Miguel Yelos San Martin, a first-time contributor, makes the case for adding a body shop at some dealerships. It made one of his client’s business viable.
Also in this issue, I profile Arnaldo Bomnin, owner of several Chevrolet dealerships in Florida. He just acquired one of them, and a big motivation was to add more service bays to provide his existing customers with better service, he says. Bomnin is interested in adding one more dealership this year.
It’s almost time for NADA. We will be there at booth #6310. Stop by and see us! Also, if you would like to hang out at our booth for half an hour and impart words of wisdom to our visitors, let me know. Many of our contributors do so, and we publish a schedule before the show so people who want to talk with you will know when they can find you at our booth.
Last, but never least, we also have this week’s Transaction News.
Enjoy!
