In this episode we were joined by Quentin Le Hetet from Gipa. During the conversation we discussed the risks and opportunities of the aging car parc, the future of the MOT cycle, the reduction in diesel registrations, what’s happening with electric vehicles and whether or not independent garages should consider fleet work and much more.
Youtube – https://youtu.be/XTV_pLIdztU?si=-mvhmcUaJsiySHVm
Spotify – https://open.spotify.com/episode/5pSr2ClRDqr8iG4luEIDHK
Apple – https://podcasts.apple.com/us/podcast/4-considering-the-future-of-the/id1742771842?i=1000656598583
(Transcript generated and analysed by AI)
Podcast Summary: On the Ramp Podcast Episode Featuring Quentin Le Hetet
In this special episode of the On the Ramp podcast, hosts Alex, Nathan, and Quentin delve into the intricacies of the automotive aftermarket industry, focusing on data trends, independent garages, and the evolving car park landscape. Quentin, a data expert from Gipa, provides insights into these topics, drawing from his extensive experience and recent conference presentations.
Introduction
The episode kicks off with a casual introduction, highlighting that this is an impromptu special episode. Quentin, known for his data expertise in the automotive industry, joins the discussion to share insights and discuss various trends affecting independent garages and the automotive sector as a whole.
Quentin’s Background
Quentin, who manages Gipa’s operations in the UK, explains that Gipa focuses on providing data and intelligence to various stakeholders in the automotive aftermarket industry. Their data helps large suppliers and corporates understand market trends and make informed decisions. Quentin’s expertise lies in aftersales automotive data, which he uses to help clients navigate the complexities of the industry.
Car Parc Evolution
A significant portion of the discussion centers around the car parc evolution, particularly how the aging vehicle population presents both opportunities and risks for independent garages. Quentin notes that the car park has been getting older, with COVID-19 accelerating this trend. In 2019, 37% of the car park was composed of vehicles aged 0-4 years, but this has since dropped to 27%. Conversely, the 5-9 years old segment, which constitutes a lucrative market for repairs, has peaked.
Impact of Diesel Decline
The conversation shifts to the decline of diesel vehicles. Quentin points out that diesel cars, which became popular around 2010, are now older on average than petrol cars due to declining sales post-Dieselgate. This presents a window of opportunity for independent garages specialising in diesel repairs, as these vehicles are now in their prime for needing repairs.
Ownership Trends and Leasing
Quentin discusses the growing trend of leasing vehicles, which is transforming the traditional car ownership model. As more consumers opt for leasing, independent garages need to consider the implications of this shift. Fleet managers, who prioritise cost-efficiency, often control these leased vehicles’ repair and maintenance, presenting both a challenge and an opportunity for independent garages.
MOT and Service Trends
The hosts and Quentin explore the implications of MOT test frequency changes and the cultural differences in vehicle maintenance between the UK and other European countries. They highlight the UK’s annual MOT requirement, contrasting it with the biennial tests in countries like France. This annual requirement drives significant business for UK garages, but changes could impact this dynamic.
Electric Vehicles (EVs)
The episode also touches on the rise of electric vehicles (EVs) and the challenges and opportunities they present. While EV sales have grown, the rate of growth is stabilising. The hosts discuss the potential for hydrogen fuel cells as an alternative to battery electric vehicles, noting the infrastructure challenges and the industry’s current focus on EVs.
Fleet Work and Independent Garages
The discussion wraps up with a focus on fleet work. Quentin emphasizes the importance of independent garages positioning themselves to handle fleet repairs, as leasing becomes more prevalent. The need for competitive pricing and efficient service delivery is critical to attract and retain fleet contracts.
Conclusion
The episode concludes with a plug for the UK Garage and Bodyshop Event, where Quentin, Alex, Nathan, and others will be presenting more detailed insights. The hosts encourage listeners to attend the event for a deep dive into the latest industry trends and network with key players in the automotive aftermarket sector.
Overall, this episode provides a comprehensive overview of the current trends and future outlook for the automotive aftermarket industry, offering valuable insights for independent garage owners and industry professionals.
