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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 particular of your greatest gremlins that undermined the sector was a myopic concentrate on piece price (cost). More than the years the automobile manufacturers became completely engulfed in driving (no pun intended) suppliers to decrease sell costs in an attempt to lower the production price of a car or truck or truck and consequently raise the bottom line.

This shortsighted focus on decrease piece price was so robust that supplier relationships have been sacrificed. A single in the Significant 3 automotive firms believed that if a single supplier went under that an additional would normally step up. How is that … Read More ...

by John Preslar — 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 will have a direct impact on profitability and be rewarded accordingly. Need another reason to invest in an F&I manager? Job Futures 2000 predicts that more than one-third of all jobs created in Canada will require a skilled trade designation or a college diploma.

What about the extensive restructuring of the automotive industry? There has been a lot of change, but the automotive industry remains one of the world’s largest and most important business sectors. Moreover, a surge in demand is expected as consumers make purchases that would normally have been made within the last two years and additional demand … Read More ...

by John Preslar — January 17, 2021 in Automobile Industry

Car Theme Party Ideas for New Grads of Automotive Schools

Graduation day is upon you. Soon, you will be forced to separate from all the wonderful people you have met on your auto mechanic course. Automotive schools can help mark this bittersweet transition by hosting a party for new graduates, before they disperse into the big wide world of life after automotive technician training. Suggested theme: cars.

Music for Auto Training Schools Graduation Parties

There are so many songs – new and old – about cars. Have fun with your choices. Hire a DJ or ask a student volunteer to draft a car-themed playlist.

Some ideas of songs for a brand new auto mechanic: ‘Course, you’ll have your own suggestions.

Anything by Mike and the Mechanics
Melancholy Mechanics by the Red Hot Chili Peppers
Riding In My Car by Woody Guthrie
Get Outta My Dreams, Get into My Car by Billy Ocean
Behind the Wheel by Depeche Mode
Mustang Sally, you choose your favourite version
I Drove All Night by Cyndi Lauper
Little Deuce Coupe by The Beach Boys
Big Yellow Taxi by Joni Mitchell
Pink Cadillac by Bruce Springsteen
Little Red Corvette by Prince
Mercedes Benz by Janis Joplin
My Hooptie by Sir Mix-a-Lot
Drive Like I Never Been Hurt by Ry Cooder
Safe and Sound by Hawksley Workman
Attire for Automotive Colleges Graduation Parties

There are different approaches you could take to dress code, depending on the desired vibe. One suggestion is to mix it up:

black tie and trucker caps
automotive technician training coveralls and top hats

by John Preslar — September 5, 2019 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.

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. The actual auto-makers themselves produce some parts however they also purchase some parts that are assembled later on. These parts are purchased from original equipment manufacturers, these are the manufacturers who produce items like car seats and door handles. There are other original equipment manufacturers who produce some rubber parts, these include items such as belts, tires and wiper blades. Another area where original equipment manufacturers aid the automotive industry is in the production of replacement parts. The original equipment manufacturing industry is one of the major industries directly affected by the automotive industry.

The original equipment manufacturers, in turn, … Read More ...

by John Preslar — May 30, 2019 in Automobile Industry

Reasons Automotive Companies Want to Buy Your Junk Car

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When selling an old car, there are several questions that need to be dealt with. While some need to understand why it is important to sell a junk car, others are concerned with maximizing the value of the car. Several people, however, are concerned about a different issue. Why do people buy junk cars? Why are automotive companies ready to take totally useless cars in return for considerable amounts of cash? This issue confuses many people, since their junk cars seem to be entirely useless.

In fact, while such cars definitely are useless for you, they can serve several purposes in the automotive industry. There are several reasons automotive companies are eager to get their hands on junk cars. Here are some of the common uses junk cars are put to.

Fixing and reselling – If your car is not extremely damaged, it is likely that the automotive company buying it will try to fix it. Naturally, the value of such cars is very low. However, in some cases, old cars are entirely fixed by upgrading the parts and renewing the paint. Such cars are then shipped abroad as ‘reconditioned cars’. Naturally, the process involves a lot of investment, especially if the cars being worked on are really old and worn out.

Reusing the metal – This applies to cars that are entirely useless and can not be fixed. If a car is extremely damaged and does not run at all, chances are that you will be paid … Read More ...

by John Preslar — May 26, 2019 in Automobile Industry