Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Global Independent Aftermarket Boosted by Out-of-Warranty Tesla Vehicles Finds Frost & Sullivan - The increasing number of Tesla vehicles approaching the end of their manufacturer’s warranty coverage drives Tesla’s service-related revenues, says Frost & Sullivan
Global Independent Aftermarket Boosted by Out-of-Warranty Tesla Vehicles Finds Frost & Sullivan

 

PRZOOM - /newswire/ - San Antonio, TX, United States, 2022/07/12 - The increasing number of Tesla vehicles approaching the end of their manufacturer’s warranty coverage drives Tesla’s service-related revenues, says Frost & Sullivan.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive / Trucking / RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Tesla’s shift toward a vertically integrated sales and service model creates the need for traditional partnerships with third-party franchised dealers for vehicle repairs, finds Frost & Sullivan’s recent analysis, Growth Opportunities in Tesla’s Global Aftersales Strategy. This leads the company to ramp up its mobile service fleet and collaborate with independent aftermarket repair service providers globally to sustain customer satisfaction. Additionally, as the number of out-of-warranty Tesla vehicles increases worldwide, the service and aftersales segments will emerge as a positive gross margin contributor for Tesla.

“Rapid improvements in Tesla’s over-the-air (OTA) update capabilities beyond infotainment and navigation system updates could create new subscription-based aftersales revenue streams for Tesla,” said Anuj Monga, Mobility Research Associate Director at Frost & Sullivan. “Electric vehicle (EV) manufacturers are well-poised to leverage data monetization opportunities by offering OTA update capabilities.”

Monga added: “Mobile service on customer premises comprises nearly 70% of repair and service jobs. This resulting low-cost structure enables Tesla to improve its mobile service segment’s bottom line, thereby driving gross service margins.”

To tap into the growth opportunities of battery-electric vehicles’ (BEVs’) expanding after-sales and service market:

• Independent repairers with financial resources should collaborate with Tesla and other BEV original equipment manufacturers (OEMs) to offer aftersales service support.
• OEMs should offer additional services through OTA updates to customers willing to subscribe to these features for a fee or in-app purchase.
• Independent aftermarket repairers should move fast to form partnerships with manufacturers and offer mobile services to customers and fleets.

Growth Opportunities in Tesla’s Global Aftersales Strategy is the latest addition to Frost & Sullivan’s Mobility research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion

Growth Opportunities in Tesla’s Global Aftersales Strategy / K75F

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive / Trucking / RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive / Trucking / RV articles,
CATCH Visitors via Your Competitors Announcements!


Global Independent Aftermarket Boosted by Out-of-Warranty Tesla Vehicles Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Tesla Vehicles | Frost & Sullivan
Contact: Sol Curet - Frost.com 
877-463-7678 sol.curet[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive / Trucking / RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Automotive / Trucking / RV Most Recent Related Press Releases:

Citroën and BASF Unveil Electric Concept Car Oli
QUANTRON Joins Forces with ETO Motors for Indo-German Collaboration
QUANTRON to Showcase the QUANTRON QHM FCEV Hydrogen Truck At IAA Transportation 2022
MAN Engines Boosts Presence and Service Offer in China
Tyres For MAN ProfiDrive - Michelin Becomes Global Tyre Partner Of MAN Truck & Bus Driver Training
Unveiling a Novel Hydrogen Alliance, A Comprehensive -as-a-Service Business Model, and a Pioneering Hydrogen Heavy Truck
ABB Expands US Manufacturing Footprint with Investment in New EV Charger Facility
BHP, Caterpillar, and Finning Announce An Agreement to Replace Entire Haul Truck Fleet At Escondida Mine in Chile
MAN TGE Celebrates Premiere as 'Affinity M' Premium Motorhome At Caravan Salon
STMicroelectronics Introduces Stellar P6 Automotive MCU for EV Platform System Integration

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  JobsWare.com

Visit  Luxury Executive Wellness

Visit  La Bella Bakery Artisan Bakery Arizona







 
  ©2022 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today