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Electrification of the Automotive Aftermarket

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Category: Automotive

Electrification of the Automotive Aftermarket

EV growth The growth of the global electric vehicle (EV) market is staggering. In just 9 years, annual EV sales have gone from 120,000 to 6.6 million in 2021. As […]

Posted in Automotive, Supply ChainTagged aftermarket, EV, supply chain

Service Lifecycle Management Stabilizes Warranty Management in a Highly Volatile Automotive Market

Service Lifecycle Management  The last 18 months have been challenging for most industries, and the automotive industry has been particularly hard hit. A shortage of semiconductors and supply chain chaos […]

Posted in Automotive, Service Lifecycle Management, Warranty Management

Despite Economic Contraction, Parts Sales Set Records

For families, communities and businesses around the world, we are now several weeks (or in some cases, months) into the ‘new normal’ that COVID-19 has presented. This time has brought […]

Posted in Automotive

Older Vehicles: A New Revenue Driver for Auto Dealers and OEMs?

While sales of new vehicles may seem like the most obvious source of revenue for auto manufacturers and dealerships, older vehicles may hold the key to unlocking a new stream […]

Posted in Automotive, Inventory Management, Price Management

Megatrends & Spare Parts Management (SPM) Solutions

Spare Parts Management (SPM) Solutions Megatrends are shifts in behavior or attitude that are large, transformative, global and cross-industry in impact.  The megatrends discussed below appear pivotal to shaping parts […]

Posted in Automotive, Service Lifecycle Management

Right to Repair (R2R) Drives Parts eCommerce

Premise Vehicle and equipment repair in many industries will open further under pressure from Right-to-Repair (R2R); OEMs should prepare for the inevitable. Even those skeptical of R2R, will benefit from […]

Posted in Automotive, Industrial Equipment, Service Fulfillment, Service Lifecycle Management

Why a Drop in Ownership Doesn’t Mean a Drop in Usership

Earlier this week we established how technology has historically impacted consumer behavior. Technology is changing businesses’ perception of what’s possible – and it’s making innovation more accessible and readily available […]

Posted in Automotive, Service Lifecycle Management

Automotive Customer Expectations and Technology are Driving Change

One day in the not-so-distant future, automotive manufacturers will no longer just sell vehicles, instead selling access to and the outcome those vehicles deliver. In fact, Gen Z, a group […]

Posted in Automotive

Subscribe or Lease? Car Subscription Services are Taking Over

Just a few decades ago, if someone had told you that we’d one day be hailing nearby vehicles to come pick us up after dropping a location pin on a […]

Posted in Automotive

Automotive Customers are Looking to Dealers for Service Innovation – Can Manufacturers Keep Up?

This month’s loss of transportation tycoon Lee Iacocca marked more than just the loss of an entrepreneurial legend, but the beginning of an era where the automotive industry is taking […]

Posted in Automotive

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  • Unveiling Five Key Insights From Syncron Pricing Days
  • How to Strike a Balance With Aftermarket Service Pricing (LinkedIn Live On-Demand)
  • 5 Ways to Harness the Full Potential of Aftermarket Parts Planning 
  • 5 Key Warranty Metrics All Warranty Managers Should Know
  • Top Five Insights on Market-Based Pricing for OEMs (LinkedIn Live On-Demand)

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