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Aston Martin DBX707 Is the New Official FIA Medical Car of Formula 1

By Didi on September 4, 2024

When the lights go out for the start of the 2023 FIA Formula 1 World Championship™ season in Bahrain this Sunday, Aston Martin will raise the intensity by unleashing the might of the world’s most powerful ultra-luxury SUV, DBX707, as an Official FIA Medical Car of Formula 1. The critically acclaimed DBX707 has received significant engine, transmission, suspension, and brake upgrades, which have elevated the Aston Martin brand to the pinnacle of SUV performance. Add to that pin-point dynamics, new commanding body styling and an upgraded interior, and DBX707 becomes the point at which performance meets luxury. It is the…

A fraud tale: Misdirection of parts

By on June 13, 2023

Image credit: Depositphotos. comOne type of fraud a shop can fall victim to is a misdirection of sales part. A red flag for any shop would be a discrepancy between what the shop thinks it’s making on parts and what is actually being realized. Hunt Demarest, a senior accountant who specializes in working with automotive repair shops with Paar, Melis & Associates, had a client suffer through this kind of scheme. The client’s books were a mess. In the process of cleaning it up, parts margin data was compared to the shop management software. In Demarest’s eyes, so long…

Why do you need to get emotion out of pricing

By on May 4, 2023

Image credit: Depositphotos. comA business that doesn’t follow a price matrix means the owner is emotionally invested in price. That means they will be more willing to give discounts — reducing their margins and reducing profits. As inflation continues to impact everything, it’s important for shops to adjust their pricing. There are some areas that may be more flexible for higher markups than others. Take lug nuts, for example, said Cecil Bullard, chief executive officer of the Institute for Automotive Business Excellence. This can be charged at a higher rate because no customer will challenge the cost of a…