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According to a recent report by RevolutionParts, crash rates in automobiles have been decreasing over the last several years and are expected to continue as much as 12% year-over-year over the next 5 years. This is no surprise with radar and sensor technologies, ride share apps, and backup cameras which are now required in new vehicles.Considering that most of the average dealer’s wholesale business is made up of collision parts, do you foresee a revenue stream experiencing a continual crunch over the coming years? And if so, what can and should dealers be doing about it proactively?In this conversation with the Fixed Ops Director at a Ford dealership in Florida we talk about this, and we plan to keep an eye on this and other trends. Would be great to get some feedback here from dealers in the DR community. What do you see challenging you in 2020 and what do you plan to do about it?Thanks.
According to a recent report by RevolutionParts, crash rates in automobiles have been decreasing over the last several years and are expected to continue as much as 12% year-over-year over the next 5 years. This is no surprise with radar and sensor technologies, ride share apps, and backup cameras which are now required in new vehicles.
Considering that most of the average dealer’s wholesale business is made up of collision parts, do you foresee a revenue stream experiencing a continual crunch over the coming years? And if so, what can and should dealers be doing about it proactively?
In this conversation with the Fixed Ops Director at a Ford dealership in Florida we talk about this, and we plan to keep an eye on this and other trends. Would be great to get some feedback here from dealers in the DR community. What do you see challenging you in 2020 and what do you plan to do about it?
Thanks.
