The industry’s acceleration is mainly driven by two factors the healthy recovery of the auto market and the growing base of independent auto repair shops. The auto repair market in Latin America is worth $74B US annually and will continue to grow as the demand for mobility increases. Salvador Zepeda, Founder and CEO of Autolab “The pandemic challenged us to be resilient, innovative, and even more agile than ever.”

Autolab arrived to provide a service alternative with great service at affordable prices in Latin America we upgrade the independent shop experience with technology and guaranteed quality” – Salvador Zepeda, Founder and CEO of Autolab. Amidst the hardest quarantine, we launched a new disinfection product to serve public and private drivers working in the streets, we digitized our operation to increase capacity and adapt to the quarantine measurements and grew shop visits by 7X. The pandemic challenged us to be resilient, innovative, and even more agile than ever. “Reaching this milestone is an important step for our team and growing network of shops in Latin America. Autolab provides a solution for these mechanics to elevate their businesses and improve their quality of life through the improvement of their operations and service.Īutolab is currently the largest chain of auto repair shops in Colombia and has already impacted over 70 auto repair shops in 10 Colombian cities through their business model designed to provide a best-in-class experience and dramatically improve profitability, up to a 700%+ increase in profit. According to recent research done by the Bogota Mayor’s office, around 50% of auto mechanics interviewed have monthly incomes below $240 US, while around 65% reported working more than 10 hours per day. Currently, there are over 600,000 independent auto repair shops in Latin America, most of them with limited growth opportunities due to a lack of knowledge in customer acquisition, client management and operations, and limited access to capital. Autolab has built a platform that unlocks incremental growth for independent auto repair shops while providing trustworthy and affordable solutions for car owners.

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