The Future May Be All In How You Look At It

The Future May Be All In How You Look At It

We discuss the state of the industry and what to expect in the coming year.

Charles Dickens might have said it best when he began his story “A Tale of Two Cities” by saying “It was the best of times, it was the worst of times.” When you think about it, every year end review and new years forecast could be summed up exactly the same way. It’s all in how you look at things.

In this 2023 wrap-up/2024 forecast episode of Talking Shop With ShopOwner, Doug Kaufman and Vic Tarasik discuss the state of the automotive industry at the end of the year and what to expect in the coming year.

Kaufman, editor of ShopOwner magazine and Tarasik, The Shop Owner Coach agree that 2023 has been decent, with some clients experiencing record months and trending towards a record year. They also discuss the positive impact of lower gas prices and the potential for increased vehicle maintenance and repairs as a result.
However, they acknowledge that things can change.

The speakers touch on the importance of being prepared for potential challenges and uncertainties in the coming year, such as supply chain issues and changes in consumer behavior. They also discuss the trend of some shops considering a four-day workweek and the benefits and drawbacks associated with it.

Overall, they emphasize the importance of focusing on what can be controlled within the shop and making decisions that prioritize the well-being of employees and the satisfaction of existing customers.

Talking Shop with Shop Owner is sponsored by AAPEX, the premier automotive industry networking and educational event. To get more information about the 2024 AAPEX show, to be held November 5-7 in Las Vegas, visit AAPEXshow.com.

You May Also Like

Finding The Techs You Want, Keeping The Ones You Need

Finding great employees is critical, but even more important? Keeping the great ones you already have.

In Part One of this two-part conversation about the who and how of hiring, Roy Niemi of A and D Auto and Body Repair explained what goes into finding great employees in this environment. That's critical, but even more important? Keeping the great ones you already have.

In Part Two of this special Shop Owner Solutions interview, Roy Niemi, owner of A and D Auto and Body Repair in Haslett, MI, discusses his methods for hiring and retaining great employees in the automotive industry. He emphasizes the importance of looking for specific traits and attributes in potential hires, such as confidence, good character, and motivation.

How Great Employees Help Maximize Shop Professionalism

In this SOS podcast episode, Roy Niemi explains that solid hiring can be complicated. Sponsored by AP Emissions.

How AI Can Help Cameras Overcome Vehicle Vision Problems

Statistically, autonomous driving systems are already five times better than human drivers. AI will make them even smarter.

Exhausting The Possibilities of What Killed The Cat

A catalytic converter may seem simple – but how does it do what it does and what happens when it doesn’t?

Our Future May Not Be What We Were Promised

The automotive industry’s future is likely to be better, more exciting and a lot closer than we imagine.

Other Posts
EVs Are Coming – Is Your Shop Ready For The Wave?

Address safety and training challenges before they’re a problem to prepare for an influx of electric vehicles.

New Shop Squad Podcast Addresses Techs’ Top Question

Doug Kaufman and Philip Austin discuss real-world questions technicians ask Austin during Shop Squad training classes.

Best Business Practices For Shop Owners

Follow along as Doug Kaufman and Philip Austin discuss real-world questions shop owners ask.

Training Opportunities for Service Advisors

Learn about the different resources available to educate service advisors on sensors and ignition components.