March 08, 2018
Why Service Absorption is a Dangerous Number
An Auto Dealer’s Guide to Growing Service Profits Using Revenue Per UIO
To grow profits in today’s automotive environment, auto dealers need to focus on growing service department revenue. Achieving this goal requires overcoming a number of challenges, including declining vehicles sales, more replace than repair work and aggressive competition.
In this eBook, you will learn why it’s time to ditch the outdated service absorption metric and replace it with revenue per units-in-operation (UIO). It explains how auto dealers can use revenue per UIO to substantially grow service profits and create brand loyalty.