Enhanced CAFE Standards Present Challenges, and Opportunities, to Independent Automotive Repair Shops
The EPA decided on November 30th that it intends to leave fuel economy standards in place for the 2022-2025 model year vehicles, beginning a process which will finalize these rules before President-elect Trump takes office. Although Trump’s administration could issue a new rule that changes or reverses this decision, legislation requires he do so through a process that could take years.
The rules were left in place because the EPA believes the “standards are achievable with very low penetration of strong hybrids, electric vehicles and plug-in hybrid electric vehicles.” Those vehicles are coming to market regardless of their requirements, probably in higher numbers than the fuel economy standards would require.
Is your automotive shop prepared to deal with these vehicles? It might not be worth your time to handle electric drivetrains now – plug-in cars are only one-tenth of one percent of the global market. But with this number expected to grow rapidly in the coming years, electric vehicles could be a major niche market for independent repair shops a decade from now. Off-warranty hybrid vehicle repair, meanwhile, could in many regions be a major source of income much sooner than plugins; over a half million hybrid cards were sold in the US in 2013 and 2014.
Whatever vehicles you service, a site from Repair Shop Websites will help you bring more of them into your shop! Call us at 855-219-7506 or email Team_RSW@repairshopwebsites.com to learn how we can build a site designed to bring in your preferred vehicles and vehicle repairs!
It costs far more to gain one new customer than it does to retain one that’s already visited your shop. Customers return to shops that they perceive as honest, knowledgeable, and able to make their lives easier – does your shop fit the bill? Click on the infographic below to learn how your shop can earn repeat business from more customers.