New Automotive Business Ideas For You In 2016

The automotive sector is a flourishing zone when it comes to latest business start-ups. Added to the big scale vehicle manufacturing and car retailing portals, there are different other avenues here where you can have your own business. It’s one of the most profitable sector no doubt and if you are planning to start something of your own- the post below offers insights on new automotive business ideas.

Vehicle assembling

A full-scale vehicle manufacturing plan is huge capital and labor intensive but vehicle assembling sounds more of a simpler option. It won’t involve the big scale capital or labor investment as is usual with manufacturing units and would be handy idea for a start-up. If you want to start small, you can proceed with light weight options like scooters, motorcycles or tricyles and then as you get seasoned in the ropes of the trade- you can graduate to bigger vehicles.

Spare parts dealer or importer

This is another great idea when you are looking for a viable business avenue in the automotive sector today. Not always the vehicles need a total overhaul and at times the car owners can handle the minor repair parts themselves with the right spare parts. It is advised to maintain a versatile inventory with spare parts for all makes and models so that you are able to cater to a wide range of customers.

Car detailing

The car owners who are planning to sell up their cars would need a professional cleaning for their steam for a sparkling look before potential customers. An auto detailing service is much needed here as it thoroughly cleans every part of the vehicle, inside & out, reaching up to car engine & underneath. Moreover, auto detailing also includes polishing & waxing of the cars for a brand new look. People often sell up their first cars for latest models and you can make big with auto detailing portal.

Auto review blog

If you are a car enthusiast who keeps eye on the latest models in the market, you can capitalize your hobby for handy bucks end of the month. An auto review blog would be a fantastic idea, especially today, when people always search for reviews online while making a purchase- and when it is something as huge as a car, the reviews are much needed. You can write the posts yourself or invite other fellow car aficionados to post on your blog. Then, you can pitch about it through social media channels to reach more and more audience which will certainly hike up your blog rank by a great extent.

Vehicle tracking installation service

This is another great idea for those looking for to build a profitable start-up in the automotive sector. The car owners are very serious about the vehicle tracking software systems as these allow them to stay updated about real-time location of the car and hence the tracker installers are in high demand. You just have to make sure to hire certified tracker installation technicians only.

Advertisements

Author: Kar

Dr. Kar works in the interface of digital transformation and data science. Professionally a professor in one of the top B-Schools of Asia and an alumni of XLRI, he has extensive experience in teaching, training, consultancy and research in reputed institutes. He is a regular contributor of Business Fundas and a frequent author in research platforms. He is widely cited as a researcher. Note: The articles authored in this blog are his personal views and does not reflect that of his affiliations.