In many cases, AAMCO is better than the dealer.

The communications on this web site are not directed by us to the residents of any of those states.

Want to learn more about opening your own AAMCO Franchise? And that first number? As the U.S. auto repair industry booms at $67 billion annually, the industry is experiencing its most dramatic shift in decades — and only AAMCO is prepared for it. Parent Company of the AAMCO Franchise Launches “Race to 2026”, 3 Reasons to Invest in an AAMCO Franchise in 2019. As with anything, eventually, these cars need to be fixed. In a revealing article published by The Chicago Tribune titled “Will Electric Vehicles Doom Your Neighborhood Auto Mechanic?” auto repair shops are not at all prepared to meet the next generation of cars, determining that, “they are not prepared for the end of gas-powered transportation.” This means that many brands are going to be scrambling to change their business models: Independent auto shops — of which there are more than 160,000 in the United States — have always relied on minor repairs, such as oil changes and new tires, to get customers in the front door. To many a car owner’s surprise, one minor repair often leads to a series of others, giving auto shops a chance to make more money and establish a rapport with customers that can serve them for years. Fill out this form to get started: Do I Have to Be a Mechanic to Own an AAMCO? For over 50 years, AAMCO has been the worldwide leader in transmission repair, one of the most complicated and most expensive parts. Unlike the majority of auto repair shops, AAMCO franchise owners have never relied on minor repairs. The following statistics provide an industry outlook for auto repair services and maintenance.

This field is for validation purposes and should be left unchanged. While consumers have warmed up to the technological enhancements in their cars, the auto repair industry is starting to panic. While AAMCO will continue to dominate the transmission segment, we are doing the exact opposite of what our competition is doing: taking action to become the dominant brand for complex car repair.

“There are signs of a shift. We know that while hybrid and electric vehicles make up only 2 percent of the cars on the road now, in five years there’s going to be explosive growth in hybrid and electric vehicles. The 64… Other brands do not have the technology, the knowledge or the skill set to service these vehicles, and so they send them to the dealer. Here are some of the key numbers coming out of this Ibis world report: 64, 2.5%, 565,110, and 258,416. As the industry leader in technical complexity and hard-to-fix repairs, we’re perfectly positioned to take advantage of that opportunity.”. Market Size & Industry Statistics. And by 2022, one of every five vehicles will have some sort of electrical propulsion proponent. Electric vehicles threaten to upend this income stream. According to an article published by The New York Times titled “When Will Electric Cars Go Mainstream? Today, it costs between $2,800 to $3,800  for a rebuilt transmission and up to $8,000 for a transmission replacement, and AAMCO franchise owners enjoy the luxury of high tickets and the ability to thrive on a much lower car count than traditional auto repair shops. So, clearly, you’re not the first person to think about the profitability of entering the auto repair industry.

This web site and the franchise sales information on this site do not constitute an offer to sell a franchise. “We’ve already provided hands-on training to hundreds of our technicians over the past few months. General automotive repair – 85.60% 2. The car industry, spurred by global governmental regulations, incentivizes electric and hybrid vehicles, and advancements in technology have reduced the costs for consumers significantly. “Volvo announced that it would phase out the traditional combustion engine and that all of its new models starting in 2019 would be either hybrids or entirely battery-powered.”. © 2020 AAMCO | ALL RIGHTS RESERVED | PRIVACY POLICY | FOR MORE INFORMATION, CALL US TODAY: 877-959-4392. We live in an age when cars are more and more like computers — a point that Google proved when they sent a self-driving car across the country to provide better GPS navigation. “One of the benefits of being a leader in the auto repair aftermarket is that we have lead time to prepare for the cars on the road,” says Jim Gregory, President of AAMCO. How Does AAMCO Leverage Technology to Drive Revenue? Today, there are 56 computers in a vehicle. As the U.S. auto repair industry booms at $67 billion annually, the industry is experiencing its most dramatic shift in decades — and only AAMCO is prepared for it. But don’t worry, it’s not full yet! CEO of the iconic transmission franchise opens up about the future of AAMCO and more in a wide-ranging Q&A AAMCO, the worldwide ... Icahn Automotive, parent company of the iconic transmission franchise, is helping young minds find success in the automotive industry AAMCO, the worldwide ... Iconic transmission franchise is poised to become the dominant brand for complex car repair For more than 50 years, the AAMCO franchise ... For Franchise Information Call877-959-4392. While consumers have warmed up to the technological enhancements in their cars, the auto repair industry is starting to panic. It’s essential that a consumer comes to a brand that understands the technology behind these vehicles and how to fix it.”. “We service cars that are 10 or 11 years old. The total U.S. industry market size for General Automotive Repair: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. That 2.5% is the growth seen from 2012-2017; the growth that is predicted to continue for at least five years. Certain states require that we register the franchise disclosure document in those states. The auto repair industry is considered fragment with over 50 of the largest companies only accounting for 10% of the industry.

Moreover, we will not offer or sell franchises in those states until we have registered the franchise (or obtained an applicable exemption from registration) and delivered the franchise disclosure document to the prospective franchisee in compliance with applicable law. Our franchisees are sending their technicians to AAMCO University, our state-of-the-art training facility in Newnan, Georgia, for hands-on training in electric and hybrid vehicles.

“AAMCO University is here for the benefit of our franchisees and their technicians, as we want them to be prepared to fix the most complex parts of the vehicle — including hybrid and electric vehicles, CVT transmissions and the entire powertrain,” says Bruce Chidsey, Vice President of Technical Support for AAMCO. The offer of a franchise can only be made through the delivery of a franchise disclosure document. While electric and hybrid vehicles were the punchlines for comedians a decade ago, they now are quickly becoming mainstream, with over 4 million on the road.

Mechanical services will remain the largest segment while electronics will grow the fastest. Tesla and Volkswagen each has plans to produce more than a million electric vehicles per year by 2025,”  the paper reports. The US automotive repair and maintenance services market will grow four percent annually.

Those last two numbers are the number of employees and businesses currently operating within the auto repair industry theater entering 2018. It May Be Sooner Than You Think,” the barriers that previously excluded the majority of Americans from buying electric and hybrid vehicles — limited battery life and the expensive price tag — are no longer there. The shift to electric and hybrid vehicles is happening faster than the experts predicted. Industry Segments. 1.

New light vehicle dealers will continue as the dominant service provider while quick lubes, tire stores and repair chains will lead gains.