On this week’s episode of Grease the Wheels, Uncle Jimmy takes aim at the horizon and talks “Cox Automotive’s 10 Trends That Will Shape the Auto Business in 2023”. Being that this is Cox, it is mostly sales oriented, but what they are talking about effects the entire industry as a whole - and there's a lot of upside for us! The economy- probably not going to get that much better, hopefully it doesn’t get much worse. But in countercyclical economies, the service side of the businesses typically see solid numbers as people hold onto stuff longer. More EV’s - they think they're going to sell a million in the United States in 2023. With some of the fleet incentives out there, this isn't surprising. People wanting to do more of the car buying process online - no shit! With the economy looking unsteady and some lingering hangover from the global pandemic, the wrench twisting bastards in the back are going to be worth their weight in gold.
Also Uncle Jimmy is still alive!
This episode is distributed by The Wrenching Network. Whether you're a technician, a mechanic, or someone who just loves the car scene, The Wrenching Network is a place that you have to check out. They have all sorts of great content, gear, and snacks to keep you turning wrenches in whatever capacity you do it. Also if you see us over there, make sure you say hi and leave a comment with what you think about the episode!