Industry Trends Archives - Page 3 of 3 - Transmission Digest
Lubrication Specialties to Produce Hand Sanitizer

LSI plans to create 4,500 bottles of hand sanitizer in response to the coronavirus.

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Dorman Offering Free Online Tech Training Every Wednesday

Free live training courses starting every Wednesday at noon ET.

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In this Together

The coronavirus pandemic has been hard on our industry. But we aren’t the type to stay down.

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Universal RWD Transmission Holding Fixture

The T-Case Buddy from Adapt-A-Case.

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Rein Automotive Offers Automatic Transmission Service Kits

The kits are for a wide range of European models equipped with ZF 6HP series transmissions.

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Alto USA Producing Face Shields in COVID Response

Alto USA converts friction plate production line to create face shields for N95 masks.

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BendPak Announces Asset Purchase

BendPak has announced the aqcuisition of Garage Equipment Supply, among other brands.

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As industry evolves, invest in yourself

We have come to the end of another year, and it is time to reflect on how our industry is changing and how we must change and adapt to survive. There are many trends that have very direct effect on our bottom line and our future. The auto manufacturers control a tremendous amount of what affects our industry. They are building excellent cars that if properly serviced will give owners good service for a very long time. Fuel mileage and emissions levels have improved greatly, with the advent of hybrid and electric vehicles. Due to better design and manufacturing standards, cars do not break down as often as past models if the customer does the required maintenance. Longer warranty periods, self-diagnosis and service reminders are now built into many current vehicles.

Where Do We Go from Here?

The start of a new year is a time for reflection on the current state of business and a time to formulate a business plan for the next 12 months. For most shops in our industry the past few years have been difficult, and many have closed, sold out or changed the way they do business. Twenty-some-odd years ago there were about 24,000 transmission shops in the country, and at this point the latest estimates are less than 10,000 shops that do nothing but transmission work. This is consolidation on a grand scale.