Tag: Report

Hunt Demarest, CPA/ABV of Paar Melis and Associates The Automotive Business Benchmark Report

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Hunt Demarest with Paar Melis and Associates, Pro Accounting & Tax Companies Specializing in Automotive Repair Retailers.

MOUNT Airy, Md., Sept. 12, 2023 /PRNewswire/ — Hunt Demarest, CPA/ABV of Paar Melis and Associates (a specialized accounting and tax company for automotive repair service shops) educates shop homeowners to make greater monetary decisions, ensuing in higher achievements for them, and their outlets. Paar Melis released a brand new to start with-of-its form Marketplace Benchmark Report. This was completed to serve automotive shop proprietors, who Hunt felt necessary metrics and data to look at on their own to for a much better understanding of their monetary posture relative to other automotive outlets across the country.

Paar Melis also offers a podcast to help shop owners develop their financial knowledge and business acumen to help their businesses grow.
Paar Melis also provides a podcast to assistance shop homeowners establish their economical know-how and small business acumen to aid their businesses improve.
Paar Melis released the first of it's kind report this year to help shop owners
Paar Melis launched the initially of it really is kind report this 12 months to enable store proprietors

“This benchmark report has been a principle I’ve been nurturing for many years, with the intention of crafting and sharing with the industry. Although I could have designed educated assumptions about lots of of these figures, the depth of assessment we can obtain with this considerable dataset uncovers associations that have not been explored to this level ahead of. Considering the fact that we have entry to hundreds of financials of vehicle repair stores, we have a exclusive perspective of combining authentic confirmed money figures together with nonfinancial metrics gathered from our shoppers by our committed staff.”

As an accounting and tax agency specializing in automotive maintenance retailers, Paar Melis and Associates strives to teach store owners to make wise money choices that can guide them to increased achievements for owners and their retailers. In this report, there are metrics that are relevant to all outlets, but it can be difficult to make comparisons among retailers of various sizes, locations and kind. To tackle these differing variables, we break up up the info in a quantity of diverse approaches

1. Area: Paar Melis performs with retailers nationwide so it appeared apparent to break up our data into more localized sections to attain perception into nearby and regional trends.
2. Size of Shop (Sales): larger operators have a great deal of fees, but do some of these expenses signify opportunities more compact retailers are lacking out on? Does this affect aspects these types of as profitability, GP, or in general results?
3. Sort of Shop: Even outside of Parts GP (Gross Profit) and ARO (Ordinary Repair Get), there ended up quite a few tendencies that grew to become distinct when we commenced to type Euro and Diesel outlets from a standard fix facility.

Click on here to access the report!

Hunt Demarest of Paar Melis and Associates, is competent to discuss on greatest procedures and strategies because they have been offering unparalleled tax and accounting expert services to the automotive restore business due to the fact 1992. They have above 600 car repair service store consumers.

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International Automobile Seat and Accessories Market place Study Report 2022-2032

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ReportLinker

The database of Fatpos International now contains a new report. World Car Seat and Equipment Sector analysis locations a robust emphasis on obtaining a complete grasp of a number of vital aspects, this sort of as size, share, product sales, projected developments, source, production, demand, business, and CAGR, in buy to give visitors a holistic see of the worldwide market.

New York, Jan. 20, 2023 (World NEWSWIRE) — Reportlinker.com announces the launch of the report “Global Vehicle Seat and Add-ons Current market Exploration Report 2022-2032” – https://www.reportlinker.com/p06382453/?utm_source=GNW
The investigate also identifies the issues that expansion and enlargement techniques used by top rated organisations in the “Car or truck Seat and Accessories Market” field face.

Key Firms Profiled in the Report:
Phoenix Seating Constrained
Morrck Ltd.
Clek Inc.
Britas Romer
RDM Team
Amvian Automotive Pvt. Ltd.
Diono LLC
Lear Company
Zone Tech
Wagon
Motor Pattern
CarXS
Exclusive Bargains
Kojem
Welpettie
EDAL

Market Dynamics:
Crucial Drivers: Escalating disposable revenue and technological enhancements will have a significant impression on Auto Seat and Components Sector traits. The dynamics of source and need will also impact the progress of Vehicle Seat and Components Sector. Federal government initiatives that gain citizens and strengthen their purchasing ability will aid Car or truck Seat and Extras Marketplace in escalating.

Field Restraints: The Automobile Seat and Equipment Market’s enlargement would be hindered by a lack of specialized skills and fluctuating uncooked substance costs. On top of that, the COVID pandemic outbreak, which led to lockdowns, has hampered supply chain routines, placing a prevent to Car Seat and Add-ons Current market.

Prospects for Players: The Vehicle Seat and Extras Industry will financial gain from marketplace participants’ better focus on forming strategic alliances as perfectly as the introduction of new merchandise and systems. Gamers in the marketplace are focusing on expanding their regional existence and securing a solid posture in the Automobile Seat and Add-ons Market place. This will direct to an improve in the measurement of the Automobile Seat and Components Sector in excess of the anticipated time period of time.

Troubles in the: Alterations in govt polices, escalating environmental troubles, and a improve in management can all block Vehicle Seat and Equipment Market’s expansion.

The world wide Motor vehicle Seat and Equipment Market is categorized as:

By Product Style:
Vehicle Seat
Normal
Customizable
Motor vehicle Extras
Entrance seat add-ons
Back again seat accessories
Car Alarms and Protection Systems
Auto Ground Liners/Ground Mat and Carpet
Car or truck Knob, Levers and Door Goods
Vehicle Audio Method
Cas Seatbelts
Other Automobile Seat and Accessories Product or service Kinds

By Software:
Motor vehicle Seat and Equipment for Luxurious/Premier Vehicles
Auto Seat and Equipment for Affordable Cars and trucks

By Sales Channel:
Immediate Vehicle Seat and Accessories Gross sales
Indirect Motor vehicle Seat and Equipment Profits
Specialty Outlets
Online Shops
On line Gross sales

Supply: Fatpos World wide

By Geography: The international Motor vehicle Seat and Equipment Marketplace is segmented into North America, Latin The us, Asia-Pacific, Europe, and Center East and

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Pressured Uyghur Labor in China’s Xinjiang Tied to Automotive Provide Chains, Report Finds

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The grave human legal rights situations in China’s Xinjiang Uyghur Autonomous Area, the place Uyghur Muslims and other spiritual and ethnic minorities are subjected to internment and compelled labor, amongst other abuses, desire international reaction. So much, the centerpiece of the U.S. reaction has been the Uyghur Forced Labor Prevention Act (UFLPA), signed into legislation by President Joe Biden in December 2021. The law is supposed to prevent U.S. shoppers from remaining complicit in these abuses through the purchase of Chinese goods manufactured with forced labor. In carrying out so, it encourages world wide firms to acquire Xinjiang out of their supply chains in purchase to keep entry to U.S. marketplaces.

At the time, it was considered that the pressured labor complications were being concentrated in a couple key industries: cotton, polysilicon that underpins photo voltaic arrays, and tomatoes. Issued by U.S. Customs and Border Protection (CBP), the agency’s Operational Advice for Importers—the quick commence guide, if you will, for complying with the UFLPA—mentions only those people three products and solutions by identify.

But a new report by U.K.-primarily based researchers finds that the complications lengthen deep into the supply chains of virtually each main vehicle company. To the extent the findings are credible, they massively complicate equally functional and political challenges to right enforcement. Far more fundamentally, they give a take a look at of just how keen the United States and other entities—including the European Union—are inclined to go to reply to what the United States has named a genocide.

The grave human rights circumstances in China’s Xinjiang Uyghur Autonomous Region, in which Uyghur Muslims and other spiritual and ethnic minorities are subjected to internment and pressured labor, amongst other abuses, demand from customers global reaction. So much, the centerpiece of the U.S. reaction has been the Uyghur Compelled Labor Avoidance Act (UFLPA), signed into regulation by President Joe Biden in December 2021. The legislation is intended to avoid U.S. individuals from remaining complicit in these abuses by the order of Chinese products produced with pressured labor. In doing so, it encourages world-wide firms to just take Xinjiang out of their offer chains in buy to preserve obtain to U.S. marketplaces.

At the time, it was believed that the forced labor complications ended up concentrated in a number of key industries: cotton, polysilicon that underpins solar arrays, and tomatoes. Issued by U.S. Customs and Border Safety (CBP), the agency’s Operational Steerage for Importers—the fast start guidebook, if you will, for complying with the UFLPA—mentions only all those three items by title.

But a the latest report by U.K.-based mostly scientists finds that the troubles lengthen deep into the supply chains of pretty much every single significant vehicle producer. To the extent the conclusions are credible, they massively complicate both useful and political issues to good enforcement. Much more fundamentally, they deliver a examination of just how eager the United States and other entities—including the European Union—are keen to go to react to what

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World wide Gasoline Mobile Powertrain Marketplace Report 2022: Technological Breakthroughs in Automotive Sector Predicted to Increase Development – ResearchAndMarkets.com

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DUBLIN–(Business WIRE)–The “Gasoline Mobile Powertrain Market place by Ingredient (Gasoline Mobile Procedure, Drive System, Battery Program, Hydrogen Storage Technique, and Gearbox), Automobile Type (Laptop, LCV, Vans, Buses), Power Output, Generate Style, H2 Fuel Station and Area – Global Forecast to 2027” report has been extra to ResearchAndMarkets.com’s supplying.

Higher power demand from customers in business vehicles will raise 250 kw section

The feasibility of the 250 kW electrical power segment is remaining analyzed by different OEMs. This gas cell powertrain is mainly employed to pilot major automobiles. Nikola is a person of the significant OEMs included in actions connected to the piloting of the 250 kW gas cell powertrain in its Nikola A person truck product. This truck is capable of producing a staggering 745 kW electricity output.

The second technology of the BMW fuel mobile powertrain program will give an output of 275 kW, which will be piloted in the BMW i Hydrogen Up coming from 2022. The moment this car or truck is rolled out, the truck current market is anticipated to working experience quick adjustments as the firm gives 100% zero emission, which would come to be the norm. Far more these developments are expected to travel the advancement of the 250 KW section in the gasoline mobile powertrain current market through the forecast time period.

Major-duty transportation such as trucking desires a substantial driving vary, electricity, and effectiveness. Fuel cells with an output of more than 250 kW are additional suited and sustainable for these types of programs as in comparison to battery-powered cars. As a result, in international locations like the US and Australia, exactly where very long-haul trucking has superior need, substantial-driven gasoline mobile vans will witness substantial impactful progress chances. The large-obligation business motor vehicle industry will go through a revolutionary transform because of to the existence of fuel cell cars with extra than 250 kW ability output in the coming decade. This will enable in emission reduction, and the need for refueling stations will be manageable at a sure distance from each individual other.

Governing administration investment decision in investigation and infrastructure will drive sector in Australia

Australia is approximated to be the most significant in the gas mobile powertrain current market and is also believed to be the quickest expanding around the forecast period. Components these as higher demand as very well as authorities initiatives to encourage the progress of FCEVs will perform a crucial role in driving the market place. according to the report posted by the Australian Renewable Energy Agency (ARENA), close to 2,800 work and USD 1.2 billion in revenue can be produced on a yearly basis by 2030 by hydrogen exports.

Japan, China, and South Korea are the likely markets for these exports. In March 2022, The govt is boosting its support for uptake weighty hydrogen gasoline cell motor vehicle by funding development of to start with public new energies services station in Geelong, Victoria, via Australia Renewable Electrical power (ARENA) is delivering USD 22.8

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World Automotive Ventilated Seat Fan Market Trends, Opportunities and Competitive Analysis Report 2022 Featuring Ebm-papst, Delta, Sunon, NMB Technologies, Nidec, Comair Rotron, & Yen Sun Technology – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Automotive Ventilated Seat Fan Market: Trends, Opportunities and Competitive Analysis” report has been added to ResearchAndMarkets.com’s offering.

The global automotive ventilated seat fan market is expected to grow at a CAGR of 4.1% from 2021 to 2027

The future of the global automotive ventilated seat fan market looks promising with opportunities in the mid-size cars, large cars, SUVs & crossovers, and the heavy commercial vehicle market. The major drivers for this market are growth in the vehicle production and increasing demand for comfort and luxury features in vehicle’s seats.

Emerging Trends in the Automotive Ventilated Seat Fan Market

Emerging trends, which have a direct impact on the dynamics of the industry, include development of noise free ventilated seat fans and increasing use of fans in seat head rests.

To learn the scope, benefits, companies researched, and other details of the global automotive ventilated seat fan market report, then you should read this report.

Automotive Ventilated Seat Fan Market Insights

The analyst forecasts that axial fan will remain the largest segment, and it is also expected to witness the highest growth over the forecast period due to the increasing installations of ventilated seats in the luxury cars.

North America will remain the largest region due to the growing demand for premium cars and increasing preference of customers towards vehicle comforts and convenience. Asia Pacific is expected to witness highest growth over the forecast period due to increasing vehicle production and advancements in seat ventilation system.

List of Automotive Ventilated Seat Fan Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive ventilated seat fan companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base.

Some of the automotive ventilated seat fan companies profiled in this report includes.

  • Ebm-papst Group
  • Delta Group
  • Sunon
  • NMB Technologies
  • Nidec Group
  • Comair Rotron
  • Yen Sun Technology

Features of the Global Automotive Ventilated Seat Fan Market

  • Market Size Estimates: Global automotive ventilated seat fan market size estimation in terms of value ($M) and volume (million units) shipment.
  • Trend And Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments.
  • Segmentation Analysis: Global automotive ventilated seat fan market size by various segments, such as by vehicle type and product type in terms of value and volume.
  • Regional Analysis: Global automotive ventilated seat fan market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different segments by vehicle type, product type, and regions for the global automotive ventilated seat fan market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global automotive ventilated seat fan market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQs

Q1. What is the automotive ventilated seat fan market size?

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Vietnam Automobile Industry Report 2022: Passenger Vehicles 2015-2021, Commercial Vehicles 2015-2021, Auto Manufacturers 2015-2021, Imports/Exports 2021-2021 & Prospects 2022-2031 – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Research Report on Vietnam’s Automobile Industry 2022-2031” report has been added to ResearchAndMarkets.com’s offering.

According to the analyst’s analysis, the annual sales of automobiles in Vietnam increased rapidly from 2015 to 2019, from 209,000 in 2015 to 306,000 in 2019, which is one of the fastest growing markets in the world. In 2020, due to COVID-19, sales amount decreased to 283,983, by the end of 2021, sales of automobiles increased by 2.5% to 304,149.

The growth rate of Vietnam’s GDP in 2021 rose to 362.619 billion US dollars, a real growth of 2.58%

Considering the spread of COVID-19 in 2020-2021, the annual GDP growth rate of 2%-3% is already a good figure in the world. Vietnam’s economy has been increasing rapidly for many years, but wages of the manufacturing are still at a low level, which were less than 50% in China and far below that of the developed countries in 2022.

Vietnam auto industry starts late, and the development base is weak. After the reform in 1986, Vietnam auto industry started. In 1991, Vietnam government introduce foreign funds to develop automobile manufacture and assemble industry. After 30-year development, Honda, Toyota, Ford, GM, etc. entered Vietnam through sole proprietorship or joint-investment.

They established automobile assemble enterprises in Vietnam. Meanwhile, Vietnam established domestic auto enterprises. According to the analyst’s analysis, the production capacity of complete vehicles in Vietnam is estimated to 755,000 per year by the end of 2021.

There are hundreds of auto part manufacture enterprises, most of which are SMEs featured with low production capacity and low technology. Major products are simple parts, e.g. seats, auto storage batteries.

Since Vietnam’s domestic automobile production is low and cannot meet the domestic market demand, it needs to import a certain number of automobiles every year. From 2015 to 2019, Vietnam’s annual automobile imports also show an overall upward trend. However, due to the impact of the epidemic in 2020, Vietnamese automobiles the decline in sales has caused the same decline in car imports. During 2021, Vietnam imported 160,035 automobiles, compared with 2020, the import amount increased by 52.1%.

According to the analyst’s forecast, as the COVID-19 epidemic has been well controlled in Vietnam, it is expected that the Vietnamese auto market will gradually recover.

According to the analyst’s forecast, for auto parts manufacturers and vehicle manufacturers, the Vietnamese market has a lot of room for growth from 2022 to 2030.

With the economic development, the growth of income per capita and infrastructure construction, Vietnam market demands more for passenger vehicles and commercial vehicles. Vietnam auto manufacture enjoys low labor cost, land and energy cost but also faces imperfect auto industry chain.

Major auto manufacturers and companies in Vietnam profiled in this report include Honda Vietnam, Toyota Motor Vietnam, Ford Vietnam, GM Vietnam, Hino Motors Vietnam, Isuzu Vietnam, Mekong Auto Corporation, Mercedes-Benz Vietnam, Vietnam Motors Corp. (VMC) and Vina Star Motors Corp.

Topics covered:

  • The impact of COVID-19 on the Vietnam Automobile industry
  • Supply and demand of Vietnam
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