Truck dealers are shifting their focus to parts and service and other revenue-generating opportunities as the truck market remains cool. Taking the long view, these businesses are building new dealership locations and establishing smaller facilities that focus on parts and service. Steve Bassett, president of General Truck Sales, says that the company will shift its focus toward contract maintenance and outside sales. It also plans to open new locations in new markets. This trend will help dealers maintain a competitive edge.
New trucks are creating challenges for truck dealerships. The influx of newer trucks could reduce the need for parts and service. Older trucks tend to need fewer parts and repair work, which means more sales for truck dealers. Some of the nominees believe that the influx of new trucks will increase demand for parts and service. However, they disagree on whether this trend will be a benefit or a hindrance to the industry. While some of the nominees have an eye on a thriving future in the trucking industry, many others believe that newer trucks will lead to fewer job cuts.
While a new truck may increase the number of customers looking for parts and service, older trucks are not as durable and require less maintenance. As a result, a new truck’s price can make the need for parts and service decreases. For this reason, truck dealers must stay on top of the latest trends to meet the needs of fleets. Although they are not united on whether the industry will adapt to either technology first or later, many nominees have a vision for the future of the industry.
There are many truck dealerships who are suffering from an inventory crunch. As a result, many are focusing on new trucks to meet the growing demand for parts and services. This is an especially crucial time in the industry because newer trucks have fewer parts and repair needs. Moreover, the newer trucks have more fuel efficiency, which means fewer repairs and replacements. Therefore, this is a time for dealers to take the long-term view, and make smart decisions.
The trucking industry is undergoing a transformation. Increasing use of electric-powered and autonomous trucks is changing the landscape of the industry. The nominees are keeping up with industry trends and are positioning themselves to become information hubs for customers. While the future of these technologies is unclear, the trucking industry must continue to remain competitive and remain innovative in order to remain profitable. That is why they are making efforts to stay on top of the latest technology and keep their dealerships as efficient as possible.
Commercial truck dealerships often employ highly experienced staff. They are often former drivers, dispatchers, fleet managers, or even company owners. They know how to answer questions and give valuable advice. Not only that, they are able to offer suggestions for new truckers. Some of these individuals have experience in the industry and have acquired many jobs related to trucking. Regardless of the industry, commercial truck dealerships can help new and growing companies. The staff should be able to answer questions about trucks and recommend features that can help grow the business.