Tag: bureau automotive repair consumer assistance program

Snap-on (SNA) Q2 Earnings & Sales Surpass Estimates, Rise Y/Y

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Snap-on Inc. SNA reported second-quarter 2023 results, wherein both earnings and revenues beat the Zacks Consensus Estimate. Moreover, sales and earnings advanced year over year. Results have benefited from continued positive business momentum and contributions from its Value Creation plan. Shares of this Zacks Rank #2 (Buy) company have gained 13.7% in the past three months compared with the industry’s 7.5% growth. Q2 Highlights Snap-on’s earnings of $4.89 per share in second-quarter 2023 surpassed the Zacks Consensus Estimate of $4.53. The figure also improved by 14.5% from earnings of $4.27 reported in the prior-year quarter. Net sales grew 4.8% year…
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A fraud tale: Misdirection of parts

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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…
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Bentley Motors Announces Its MEAI Retailers Have Achieved Carbon Neutral Certification – Autos Community

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Bentley Motors confirms that its complete Middle East, Africa, and India (MEAI) retailer network of 17 sites has achieved carbon-neutral certification. The accreditation, verified by the Carbon Trust, complements Bentley’s industry-leading sustainability program at its carbon-neutral manufacturing headquarters in Crewe, England, where all Bentley models are built. Bentley’s path to sustainability is a driving force behind the company’s Beyond100 strategy. Announced in 2020, the plan targets sustainable mobility leadership, reinventing every aspect of the business. One such aim is for all Bentley retailers worldwide to achieve carbon-neutral status by 2025. Over the course of 2022, 17 retailers across the MEAI…
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Regina automotive garage hopes a switch to 4-day week will help work-life balance

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A handful of mechanics in Regina now have a work week that is one day shorter than most. The automotive repair shop run, Kinetic Auto Service, asked its workers how it could improve their employment. Their response: a four-day work week. “I was actually really looking forward to having more time to spend with my family,” Kinetic technician Allie Punga told CBC. “I have a six-year-old and we have another one on the way, so any extra time not at work is a bonus.” Kinetic employees will work 10-hour days from Tuesday to Friday, then have a three-day weekend. Punga…
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Regina auto repair shop transitions to 4-day work week

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Employees at a Regina auto repair shop may never experience a case of the Mondays again. Earlier this month, Kinetic Auto Service (KAS) switched to a four-day workweek schedule for its employees. “I think in the end, it will increase productivity and we just have to work out the kinks as we go,” said KAS president and CEO Erin Vaughan. KAS employees will work 10 hours a day from Tuesday to Friday. The new schedule is a trial run stemmed from employee feedback. Vaughan believes it will improve her employees’ work-life balance. She hopes her staff can spend more time…
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Georges NB Auto Repair Connects With Facebook Community

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PRESS RELEASE Published March 24, 2023Fairfax, VA based Georges NB Auto Repair would like to invite social media users to connect with their Facebook page. The company is family owned-and-operated and provides quality service and repairs at a fair price. Find them here: We Are On Facebook. While the company can be reached via other means, such as phone or email, social media remains one of the most convenient ways to get in touch. Quick questions can be directed to the company here, and customers can learn more about their overall services as well.For example, they may discover…
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