Slip-N-Grip Newsletter June 2022 Issue

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NEWSLETTER

Industry News & Trends Product Feature Announcements Resources

ISSUE 13 | JUNE 2022

Keep Up with Upkeep

Industry News & Trends

Electric and Internal Combustion Engine: Comparing the Costs Electric Vehicles and Internal Combustion Engines — what does an average car buyer know or need to know? Giving customers a better picture of how EVs and ICE vehicles differ in cost throughout their lifespan can be beneficial while guiding them through their car-buying journey. Taking it back to production, we can ask what type of costs go into making these two types of vehicles. AlixPartners found that “raw materials costs on EVs in March were significantly higher than for internal combustion vehicles because of higher copper, cobalt, nickel and lithium prices.” For EVs, raw material content per vehicle reached around $8,143 in March, compared with the $3,745 raw material content per combustion vehicle. Costs have nearly doubled for both vehicles in the previous two years.

“On average, it’s costlier to maintain an EV in its first year than it is to maintain an internal combustion engine vehicle,” according to Deepview True Cost data. A switch happens when an EV reaches the three-year milestone. Maintenance is cheaper for an EV when comparing an EV and ICE after a medium-to-long-term ownership period. Lower repair costs could be attributed to fewer parts needed in an EV. Read more at Automotive News: EV Repair Costs Fall Below Those of Gas-Powered Vehicles, Study Finds; EV Adoption Faces Many Speed Bumps Source

While manufacturing cost impacts the price tag that customers can see, they may want to know how this investment will play out throughout the car’s life, particularly concerning service. Is an EV cheaper to upkeep than a traditional ICE? At what point of car ownership does repairing an ICE become

more expensive? An analysis from the data company We Predict found that around the third year of owning an EV, the cost point lowers for EV repair compared to

the ICE cost.

FUN Industry FACT

Per year, the average American spends 30.5 days driving, meaning that most spend approximately 2.4 days at a red light. Source: Yahoo! Finance

Sales of automotive aftermarket parts & accessories are estimated to have reached

$18.1 billion in 2021

Source: 2022 Auto Care Association


Product Feature

GoDEX Service Reminder Printers Make sure your company stands out and shines with custom labels showcasing your business name and contact information. Great for reminding customers where to come for their next visit! Our convenient, easy-to-use GoDEX service reminder label system ensures a professional image and helps to promote repeat business. Its intuitive controls and LCD operation panel make it easy to operate.

FK-GX001-05 GoDEX Service Reminder Kit (printer and keyboard only) � Sleek black color hides the dirt and grime � Compact size and unique industrial design � Includes tough, waterproof, flexible keyboard � Innovative calibration button makes Label Calibration simple and fast � Automatically calculates mileage return intervals � Can be programmed with your company name and phone number � 3-year warranty, 6-month warranty on print head

We imprint the logo, the printer imprints “Return For Service” info, and the printer imprints your store name and number. Write-on rolls available. � Label Size: 11⁄2" x 21⁄4" � Available in white or clear � Low-tack material � 500/roll or individually cut in a box � 12 roll minimum for custom labels

Pro du

Standard & Custom Printed Labels

e t a d p U ct Problem -solving made easy!

We’ve added new labels to each GoDEX printer that will direct you to the user manual.

Scan for User Manual slipngrip.com

Have a suggestion on what you’d like to see more of? Comment or question? Let us know! Email us at info@slipngrip.com!


Industry News & Trends

Most Common Summer Vehicle Repairs 1. Tire Changes

2. Battery Replacement

3. Overheated Engine Repair 4. Air Conditioner Repair

Luckily, we’ve got you covered! Slip-N-Grip® offers tire bags and battery bags to keep dirt or battery acid off of customers’ cars and your hands. And for all repairs, we have dispatch numbers to keep operations organized and running smoothly.

June -August Don't miss the Summer Full Coverage Steering Wheel Cover Inventory blowout! Part no. FB-P9944-62 The most touched interior surface during a car’s service. Keep dirt, grease, and germs off the surface with a full-coverage protective cover that slips easily over the top and bottom of the wheel.

Contact your sales representative for pricing!

Great Multi-Use Cover!

Protect your customer’s steering wheel from dirt, grease, and germs. Maintain a professional image and show the customer that cleanliness is your goal. This multi-use product can double as a keyboard cover! The 18.5” width fits a standard computer keyboard perfectly! � 18" x 18.5" size fits standard steering wheels � 1.0 mil thick recyclable plastic � One continuous slit in back for full wheel coverage � 112 rolls/pallet � 500/roll � 1.5" core to fit Slip-N-Grip® dispensing rack

PLEASE ADVISE: Do not drive with cover on steering wheel.

contact us

slipngrip.com

info@slipngrip.com

(855) 999-4764

(248) 203-9416


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