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Industry Growth Trends and Capitalizing On Technology
Manage episode 401983938 series 3552615
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In Episode #5, we touch on industry growth and how to capitalize on market share through maximizing technology. The average vehicle age continues to climb, the cost of capital is rising, and we are witnessing the automotive industry expanding. As vehicle owners choose to repair their aging vehicles, there is no better time to begin to evolve your organization with better technology to overtake market share.
- The average age of a vehicle continues to rise
- Reported growth across many major parts companies
- Parts companies must become technology companies
- Becoming a technology companies is easier than you think
With any questions, reach out at info@autotrendsam.com or hit us on LinkedIn.
#autoparts #automotive #ecommerce #aftermarket #autodealers #OEM Gideon Williams Lucas Welk, SRMP-R®, SRMP-C®
Reach out at team@2wautogroup.com
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