All Posts in "Automotive Business"

Driving the Volatility: The Boom, the Bust, and the Economic Forces Reshaping the Used Car Business

The used car market is the largest, most active segment of the global auto industry, yet for decades it remained predictable, defined by consistent depreciation. That changed dramatically over the last few years. At one point, used car values were appreciating faster than many assets, leaving both dealers and consumers reeling. This period of unprecedented volatility was the result of a perfect storm of supply shortages and unusual consumer demand, and its ripple effects are still profoundly reshaping how the car business operates for dealers, lenders, and everyday drivers.

The Anatomy of the Boom (2020–2022)

The seismic shift in the used car market began with a cascade of failures in the new car supply chain. The primary catalyst was the semiconductor shortage. Modern vehicles require dozens of advanced computer chips, and when global chip production slowed or halted during the pandemic, major manufacturers were forced to drastically cut production. … READ MORE >>>

Lawrence Corbett by — July 27, 2025 in Automotive Business
How to Launch a Mobile Car Repair Service From Home

Are you a car enthusiast with a passion for fixing vehicles? Do you want to start your own business without the overhead costs of a traditional garage? If so, launching a mobile car repair service from home could be the perfect opportunity for you. This article will guide you through the steps to establish and grow your mobile car repair service business right from the comfort of your own home.

1. Research and Plan Your Business

Before starting your mobile car repair service, it’s important to conduct thorough market research to understand your target audience and competition. Identify the specific services you will offer, such as general repairs, oil changes, brake services, or diagnostics. Create a detailed business plan outlining your services, pricing, target market, and marketing strategies.

2. Obtain Necessary Licenses and Permits

Make sure to check with local government authorities to obtain any required licenses and permits for … READ MORE >>>

Lawrence Corbett by — October 17, 2024 in Automotive Business
Profitable Car Detailing Business Ideas to Start from Home

Are you looking to start a profitable business from the comfort of your own home? Consider tapping into the lucrative world of car detailing. With people increasingly focused on maintaining the appearance of their vehicles, there is a growing demand for quality car detailing services. Starting a car detailing business from home not only allows you the flexibility to work on your own schedule but also offers excellent profit potential. Here are some profitable car detailing business ideas to help you get started:

1. Mobile Car Detailing Service

Instead of waiting for customers to come to you, consider offering a mobile car detailing service where you can go directly to your clients’ homes or offices. This convenience factor is highly appealing to busy professionals and can help you attract a steady stream of customers.

2. Specialized Detailing Services

Differentiate your business by offering specialized detailing services such as ceramic coating, … READ MORE >>>

Lawrence Corbett by — August 18, 2024 in Automotive Business
3 Reasons Why You Need to Choose the Best Site For Selling Your Car Online

There are many different sites to choose from when selling your car online. The best one for you will depend on your individual needs and situation. The best site for selling your car online depends on the kind of audience you want to reach. If you want to sell a vehicle to the general public, classified websites are good options. 

Convenience

The best site to sell car can put you in direct contact with potential buyers, eliminating intermediaries and saving you money. These sites also offer a secure mode of payment, protecting you from being duped or cheated. There are a lot of advantages to selling your car online. You can reach a much bigger audience than the typical local market, making it easier to find someone willing to pay your asking price for your vehicle. Many buyers will also be interested in financing through an online dealer. Depending on … READ MORE >>>

Lawrence Corbett by — June 23, 2023 in Automotive Business
Investment Possibilities For Automobile Manufacturing in the UK

The UK is the center of a diverse automobile manufacturing base in Europe. The automotive sector inside the UK is vibrant and world-class. A lot of international automotive companies have set up their base within the UK for its supportive business atmosphere, workforce expertise, and engineering excellence out there.

Far more than 40 properly-identified automobile manufacturing companies like Famous Brand have manufacturing units set up in the UK. The automobile industry is supported by a sturdy provide chain ranging from world-class design, higher precision, and high overall performance engineering companies. You can find over 10,000 active corporations in the UK automotive sector ranging from small and medium-sized manufacturers to huge plants controlled by multinational producers. The focus of those companies is on innovation in technologies and component design.

The corporations operating within the automotive sector is often differentiated into five categories

  • Component design and manufacture
  • Car manufacture
  • Building automobile manufacture
… READ MORE >>>
Lawrence Corbett by — October 10, 2020 in Automotive Business