All Posts in "automotive industry overview"

Failure of the Automotive Industry – The Main Explanation

The US automotive industry suffered a fatal blow. Yet anyone who claims that the industry’s demise may be linked to a single root-cause of failure is sadly mistaken. I spent the higher portion of 10 years within that industry many of which in an executive or managerial part.

However, there’s no silver bullet that caused the fall. I say sadly for the reason that a single trigger of failure might be prevented within the future. Within this case, the blame can be put only on the program as a whole generating it complicated to defend against a repeat occurrence.

What the automotive industry suffered was a catastrophic failure brought on by various points of failure. We’re talking systemic failure in its truest form. As an insider within the sector, I can personally attest to a few of the actions (or lack thereof) that pushed the sector to a collapse.

One … Read More ...

John Preslar by — February 14, 2021 in Automobile Industry
Acquiring Finance and Insurance Professionals inside the Automotive Industry

Interested in Finance and Insurance coverage (F&I)? Love cars? Looking for a way to merge the two into a long-lasting and fulfilling career within the automotive industry? It’s time to consider a career in auto sales and F&I management. Now is a great time to invest in F&I training, which can provide everything you need to succeed in this career. That means you will acquire excellent leadership and communication skills and have the expertise required to handle the financial and legal aspects of a sales transaction.

Automotive Business Manager programs are designed to teach the skills required to oversee the financial and legal aspects of the automotive industry. Students in these automotive training programs are trained in finance and lease options, the sale of after-market products, and the use of specialized software.

Becoming an F&I manager means you will be in the center of the action. It also means you … Read More ...

John Preslar by — January 17, 2021 in Automobile Industry
How The Automotive Industry Creates Other Industries Like Automotive Insurances, Used Car Sellers, Car Part Sellers, Etc

The automotive industry is one of the largest employers of labor around the world. The industry is al a very big contributor to the general economic growth of many countries. In countries like the United States, for example, the automotive industry is the largest manufacturing enterprise. The industry, therefore, plays a  very key role in the economy of several countries. The most distinct feature of the automotive industry is actually the fact that the industry does not operate or stand independently. The production of automobiles creates a significant number of other industries to support the manufacturing of vehicles. Some of the industries that are created by the automotive industries include equipment manufacturers, insurance providers, dealerships, etc.

How The Automotive Industry Creates Other Industries Like Automotive Insurances, Used Car Sellers, Car Part Sellers, Etc

The process of fo manufacturing a car is not limited only to the manufacturing company. In fact, there are about three different companies that produce car parts used in the manufacturing of these cars. … Read More ...

John Preslar by — May 30, 2019 in Automobile Industry