Service drive volume fell in December to its lowest level in six years, though service revenue rose.
The drop in business at franchised dealers is an opportunity for growth by making service a seasonal spending priority, Cox Automotive says.
Lowest reading in years exposes room for improvement, Cox Auto says.

IMAGE: Pexels/Andrea Piacquadio
Service drive volume fell in December to its lowest level in six years, though service revenue rose.
The drop in business at franchised dealers is an opportunity for growth by making service a seasonal spending priority, Cox Automotive says.
The 5% month-over-month decrease – 3% year-over-year – put Cox’s Repair Order Volume Index at 82.1, tying its lowest reading in six years. The data, which tracks average service drive business, is indexed to January 2019.
Revenue, meanwhile, while it fell 1.5% month-over-month, rose 3.5% year-over-year and was up dramatically – 36% – over December 2019, Cox said largely due to inflation.
It said dealerships have room for improvement, as there was a 5% drop in what it calls same-day sales, or repairs made the same day as diagnosis.
It recommends digitizing customer interactions that enable them to approve repairs from their phones, and offering flexible payments, both to build trust and make customer experience more efficient.

Electrical systems fell from the leading reason for the first time in over a year.
Read More →
2024 models may have casting issue that can lead to loss of control.
Read More →
Potential short-circuit issue covers many brands from model years 2012 through 2018.
Read More →
Reynolds says new report proves improving operational efficiency, engaging technicians in selling maximize profitability, even for very busy service departments.
Read More →

Probe opened to determine whether steering loss incident pervasive or isolated.
Read More →
The vehicles' cargo rail may come loose in certain collisions.
Read More →
Owners are advised to use emergency brake until the vehicles are repaired.
Read More →
Stellantis warns owners to park them away from structures till it works out a fix.
Read More →
Recent deaths, disfigurements blamed on replacement bags made by disreputable sources.
Read More →