Parker is a mother, too, and sees the chance to create change for her two daughters and other women coming up through the professional world.
“I think the Petersen is visionary in what they’re doing and driving toward reaching parity in the automotive industry,” Parker says. “There are a lot of women out there who are creative, innovative, smart, and scrappy and have everything they need to make huge contributions except for financial backing. Only two percent of all venture capital goes to women-owned businesses, so there is a gap. It was nudging up slightly, and in 2020 it dropped and started heading the wrong direction, partly because women took the brunt of the home-based challenges.”
The committee is accepting applications until July 31, and includes not just the financial backing and mentorship but an office inside the Petersen and access to all the contacts and resources the Petersen has to offer. Applicants can own a business that touches automotive in wide ways, like aftermarket vehicle accessories, driving-related apparel, transport and delivery. Potential mentees must be a southern California-based company for 2021, although Lassek says they hope to grow the program nationwide.
“Having access to those who have paved the path and are further along is really remarkably valuable,” Parker says. “This is a game changer.”
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In this week’s Catch a Crook, detectives are looking for two men and a woman seen on security video at Sun West Storage in western Greene County. Investigators say the trio is connected to a car theft out of Joplin.
Surveillance video on October 10, 2020 shows a white Ford F-150 with a “Show Me the Shine” logo printed on the door, and a beige Chevrolet Silverado with a black hood enter the parking lot at the same time. A heavy-set man exits the Ford truck, shortly after a woman with brown hair gets out of the stolen Nissan. She leaves with the man in the Chevy Silverado. The guy in the Ford F-150 then drives into the storage area. They leave the stolen Nissan in a parking space.
Later that evening, a black or dark green Cadillac Escalade truck with large aftermarket wheels pulls into the Sun West Storage parking lot. The same heavy-set man gets out of the passenger side and gets into the stolen Nissan. He drives it into the storage area, where deputies say the property owner found it abandoned. The Cadillac is seen leaving the parking lot shortly after 9:00 p.m.
If you recognize any of the people in the video or the vehicles, call the Greene County Tip Line at 417-829-6230.
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ClickZ and SEW hosted a virtual briefing, The Impact of COVID-19 on the Automotive Industry & Marketing with Trevor Hettesheimer, Manager, KPI’s, Analytics, Search & Planning at Volvo.
There has been a sharp drop in automotive sales compared to the 2020 forecast in January, which predicted 16.8 million in total sales and 13.4 million in retail sales.
As a result of nationwide shutdowns combined with an oil price war, automotive industry sales were down 41% in March 2020 compared with the previous year.
To help mitigate the impact on its business, Volvo took inventory of their U.S. dealerships and assessed who could remain open for sales and service.
They then assessed what dealers could do business online and brainstormed ways they could safely deliver cars or allow consumers in lockdown to have their cars serviced.
Hettesheimer noted that the most significant drop in sales would likely be April at 60-80% below what was initially forecasted at the start of 2020.
Based on the pre-virus forecast, Volvo decided to cut all planned media spend for April and May, except for paid search which is based on consumer intent. They audited their ad copy and messaging to ensure it made sense in the current business climate.
Volvo is constantly monitoring the state of the economic recovery across the U.S to inform when they decide to relaunch their advertising.
Hettesheimer summarizes four key steps that businesses can use to inform their marketing decisions: take inventory, review all messaging and adjust as appropriate, capture demand with search marketing, and take note of changing search behaviours and tailor content accordingly.
We recently hosted a virtual briefing as part of our new Peer Network series on the impact of COVID-19 on the automotive industry and marketing with Trevor Hettesheimer, Manager, KPI’s, Analytics, Search & Planning at Volvo.
Trevor has spent over two decades at Volvo US in a variety of different roles. He began his career as Volvo’s Global Marketing Analyst and helped to bring their first SUV to market, the award-winning XC90.
Hettesheimer currently focuses on reporting and presenting predictive analytics based on Volvo’s KPI’s. Hettesheimer is also responsible for Volvo’s paid search marketing and SEO activities in the US.
In the briefing, which is part of our new Peer Network initiative, Hettesheimer shares insights and data on how COVID-19 has dramatically changed business at Volvo.
The impact of COVID-19 on the automotive industry
In order to understand COVID-19’s impact on business in the US, Hettesheimer and his team consult a key resource available from Bing, the COVID-19 Tracker, which provides real-time reporting on how the virus is tracking in the U.S.
COVID-19 Tracker—Source: Bing
“The coronavirus is truly a human tragedy at a global scale,”
“There are 2.1 million confirmed cases and growing worldwide, with over 144,000 deaths. This is really impacting every nation on the planet. From an economic standpoint, many economists agree that the world is facing the most serious challenge since WWII ended.”
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Do you want to make money moving humans and goods from one place to another? If YES, here are 50 low maintenance transportation business ideas with high profit in 2020.
Large transportation companies enjoy economies of scale as regards purchasing and the ability to provide a more extensive service. Small transportation businesses can compete better in local and regional areas. The industry is largely fragmented with 40% of revenue generated by 50 largest firms.
If you are looking for a business in the transportation sector, then here are 50 lucrative business ideas for your consideration;
50 Best Transportation Business ideas & Opportunities in 2020
The opportunities for the tricycle transport business are enormous. This stems particularly from its unique features and advantages. Its portable nature, route flexibility, convenience for charter service, maintenance efficiency, durability/life span among others adds up to its tremendous business opportunity.
The establishment and creation of new route for tricycles across the state is a contributing factor. The business is practiced in almost all part of the world.
Although the tricycle can be ridden interstate, it’s restricted to intra-state operations because of the high risk involved in inter-state movement. The business is a lucrative one as it has tremendous opportunities for expansion. The threat already posed to the private commercial buses will give rise to the surge in demand for tricycles as against bicycles.
You can consider the trucking business. There are large chunks of imported goods that need to be transported to several towns and cities until they reach the small retailers and final consumers. Trucking and haulage are the vital links that connect imported, manufactured, and cultivated goods to final consumers like us. Without these heavy-duty trucks and tankers, commerce may somewhat be at a halt.
BECOME A TRAFFIC CHANNEL OPERATOR
Generally we get traffic updates from the FM channels. Establishing a radio channel dedicated for traffic updates is a highly potential career for today’s world. Engaging the Government traffic professionals in your channel to keep the people updated will give your career an extra boost towards the success. Even though this is capital intensive in the short run but a profitable long-term career.
PRIVATE JET CHARTER BUSINESS
While some of us wouldn’t mind to hop on the economy section of a plane, some people cannot be caught dead traveling ‘economically’, they would rather go business/first class. And there are also some that wouldn’t even be caught dead boarding a public plane at all; they want their own private plane for comfort, privacy and luxury purpose and because they cannot be bothered with the flight delays, cancellations and general unreliability of airline companies. As a private jet charter company, you have to know who your customers would be.
BECOME A CAR HIRER
The car rental career is a very lucrative career, especially when you are located in a strategic place especially a city with huge population, commercial centers and entertainment outfits. The vehicles you hire to customers must meet higher safety
Apr 10, 2020 (The Expresswire) —
Global “Automotive Electric Seat Switch Market” 2020 Research Report provides key analysis on the market status of the Automotive Electric Seat Switch manufacturers with best facts and figures, meaning, definition, SWOT analysis, expert opinions and the latest developments across the globe. The Report also calculate the market size, Automotive Electric Seat Switch Sales, Price, Revenue, Gross Margin and Market Share, cost structure and growth rate. The report considers the revenue generated from the sales of This Report and technologies by various application segments.
The objective of the study is to define market sizes of different segments and countries in previous years and to forecast the values to the next Five years. The report is designed to incorporate both qualify qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers and restraining factors which will define the future growth of the Automotive Electric Seat Switch market.
Get a Sample PDF of report –https://www.360researchreports.com/enquiry/request-sample/15062081
The research covers the current Automotive Electric Seat Switch market size of the market and its growth rates based on 6-year records with company outline of Key players/manufacturers:
Short Description about Automotive Electric Seat Switch Market:
The power seat switch makes it easy for you to adjust your seat into that perfect, comfortable driving position. That makes your daily commute much more bearable, and does wonders for long trips. When you press the power seat switch down on the side of your seat, it sends a command to a small electric motor that moves the seat in whatever direction you chose—forward, backwards, up, down and even tilted. Power seats and the switches that come with them are becoming more and more common on newer cars, replacing the older system, where seats had to be positioned manually.
The global average price of Automotive Electric Seat Switch is in the decreasing trend, from 13.5 USD/Unit in 2012 to 12.5 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years. The classification of Automotive Electric Seat Switch includes passenger position and driving position, and the proportion of driving position in 2016 is about 56%. Automotive Electric Seat Switch is widely used in Passenger Vehicle and Commercial Vehicle. The most proportion of Automotive Electric Seat Switch is Passenger Vehicle, and consumption proportion in 2016 is over 91%. Europe is the largest consumption place, with a consumption market share nearly 26% in 2016. Following China is the second largest consumption place with the consumption market share of 24%. Market competition is intense. Delphi, Omron, Toyodenso, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
Scope of the Automotive Electric Seat Switch Market
Before you start using an automobile for your business, address these financial considerations first.
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When using a vehicle for business purposes, there are a variety of issues to consider: Should you use a personal or business vehicle? Should you have the company reimburse you for business-related expenses? How should you deduct your mileage?
As with any aspect of your business and personal lives, it’s important to keep vehicles and the related expenses separate. The type of vehicle arrangement that will be most financially favorable depends on your particular situation. Here are five things to consider:
1. The driver–Who will be driving the vehicle for business? Will it be the owners, the employees or both? You obviously have more control over your driving behavior than that of your employees. If your employees have a poor record, this could affect your insurance rates and overall liability exposure and costs.
Insurance rates automatically increase when you add coverage for your employees. It will also fluctuate depending on whether employees drive their own cars for business purposes or drive company vehicles. Your agent needs to understand the details of your situation so he or she can make the best recommendation and ensure you’re covered appropriately.
You assume additional liability when allowing employees to drive for your business. Not only do you need to consider adequate insurance coverage, but also the liability you are taking on should anything happen to your employee or a third party using a vehicle. Accidents are an unfortunate fact of life, and you need to prepare for the “what-ifs” to protect your business.
2. Taxable business expenses–What is considered a legitimate business expense? If you have a business vehicle, you shouldn’t drive it for personal use. Otherwise, you may need to claim some of the vehicle’s value as 1099 income.
If you drive a personal vehicle for business use, you need to track the mileage that is business related. The government allows a monetary value per mile that is considered “a reasonable business expense” for tax purposes. There are two options for deducting automobile expenses: the per diem rate or the actual expenses you incur. For most, the per diem is the most favorable option. Talk with your personal accountant to find out what is appropriate for you. Visit www.irs.gov for the current per mile allowable rate.
3. Financial statements–Financial statements will show only the assets owned by the business. That means personal vehicles are not listed as assets. If the vehicles are business assets, their cost, accumulated depreciation and any related liability will appear on the balance sheet.
4. Property taxes–Property taxes for the vehicles are often different for personal and business considerations. The titling of the vehicle
Does your business need a company vehicle for making deliveries,
traveling to clients’ offices, carrying equipment and more? Whether
buying or leasing a vehicle is more advantageous for you depends on
a variety of factors. And if you need several cars or vans for
salespeople or delivery drivers, you may be eligible for fleet
leasing programs that can save you big money.
Leasing a small fleet of cars, minivans or pickups is easier and
more advantageous than ever. Businesses that buy or lease 10 or
more vehicles qualify as commercial fleet buyers and are given a
fleet registration number (obtained through the dealer), entitling
them to all available manufacturers’ and dealers’ fleet incentive
While manufacturers have always offered attractive discount
programs to commercial fleet buyers, there have rarely been such
programs for the small fleet lessee requiring fewer than 10 cars.
Nowadays, however, many dealers are beginning to offer their own
programs to business owners and will work with you to get your
business. In fact, some dealers can get you a fleet registration
number even if you lease only a few cars.
To decide whether fleet leasing is for you, sit down with your
accountant and estimate what it will cost, taking into account
monthly lease payments, insurance, gas, oil, maintenance and
license fees. Will you need to hire someone to manage the fleet? If
not, how will you keep tabs on regular tune-ups and administrative
You may decide it’s more economical to give your employees an
allowance and have them lease their own cars. These and other
questions should be put to your accountant before making a decision
on fleet leasing. Always check to see what the penalties are for
terminating a lease early, especially if your cash flow tends to
fluctuate from month to month.
The typical considerations of leasing are multiplied when you
lease several vehicles, so consider these possible pitfalls before
you sign on the dotted line:
Higher insurance coverage. Some dealers
require you to increase your insurance coverage since they, not
you, own the leased vehicles. Shop around for prices before you
order your fleet because insurance can amount to a lot of money. As
a business owner, you can probably get a blanket policy to cover
both your business and your fleet.
Overextending your hard-earned bucks. Six
shiny new vehicles in your company parking lot may boost your ego,
but do you really need them? It’s easy to get carried away when
ordering a fleet, so make sure you have analyzed your needs
thoroughly before signing on the dotted line.
Neglecting to ask about mileage limits.
These can vary radically and can cost you as much as 15 to 20 cents
for each mile you drive the car over the limit. If you cover 50,000
miles a year, it pays to buy rather than lease.
Failing to compare buying price with lease
price. Dealers may have vehicles on the lot they are anxious to
get rid of and will give
Transportation is a major contributor to the economy and a competitive force in business. It is the activity that physically connects the business to its supply chain partners, such as suppliers and customers, and is a major influence on the customer’s satisfaction with the company. This chapter illustrates the role of transportation in the logistics function, the supply chain, and the larger economy.
This chapter is from the book
Transportation is among the more vital economic activities for a business. By moving goods from locations where they are sourced to locations where they are demanded, transportation provides the essential service of linking a company to its suppliers and customers. It is an essential activity in the logistics function, supporting the economic utilities of place and time. Place utility infers that customers have product available where they demand it. Time utility suggests that customers have access to product when they demand it. By working in close collaboration with inventory planners, transportation professionals seek to ensure that the business has product available where and when customers seek it.
Transportation is sometimes to blame for a company’s inability to properly serve customers. Late deliveries can be the source of service problems and complaints. Products might also incur damage while in transit, or warehouse workers might load the wrong items at a shipping location. Such over, short, or damaged (called OS&D) shipments can frustrate customers, too, leading to dissatisfaction and the decision to buy from a competitor for future purchases.
However, when a company performs on time with complete and undamaged deliveries consistently, this can instill customer confidence and gain business for the company. When a company instills confidence in service performance, it can make customers more reluctant to succumb to competitors’ bids to steal business away through clever promotions and reduced prices.
Aside from its service ramifications, transportation can also represent a substantial cost for the business. The cost of transportation can sometimes determine whether a customer transaction results in a profit or a loss for the business, depending on the expense incurred in providing transportation for a customer’s order. Faster modes of transportation generally cost more than slower modes. So although shipping an order overseas by airplane is much faster than transporting by ship, it can cost as much as 20 times more. Such a cost difference might not justify the use of the faster way of transporting the goods. Supply chain managers must therefore carefully consider the cost of transporting goods when determining whether to move product and how to move product in the most economical manner.
This book supports the learning objectives of the Transportation Management module (Learning Block 5) of the Council of Supply Chain Management Professionals (CSCMP) SCPro Level 1 certification. These objectives are stated as follows:
Describe the basic concepts of transportation management and its essential role in demand fulfillment.
Identify the key elements and processes in managing transportation operations and how they interact.
Identify principles and strategies for establishing efficient, effective, and sustainable