According to respondents of the 2023 Ratchet+Wrench Industry Survey Report, over the next five years, 81% said they expect their annual sales to continue to grow with over half of shop owners saying they plan to invest in EV repair. When asked about ADAS investment, only a small percentage of shops were equipped for the service.
Chris Jones is Group Editorial Director for the Vehicle Repair Group at Endeavor Business Media. He’s a multiple-award-winning editor and journalist and a certified project manager now providing editorial leadership and brand strategy for the auto care industry's most trusted automotive repair publications—Ratchet+Wrench, Modern Tire Dealer, National Oil & Lube News, FenderBender, ABRN, Professional Distributor, PTEN, Motor Age, and Aftermarket Business World.