SCOTTSDALE, Ariz., Oct. 21, 2020 (GLOBE NEWSWIRE) -- Meritage Homes Corporation (NYSE: MTH), a leading U.S. homebuilder, reported third quarter results for the period ended September30, 2020.

Summary Operating Results (unaudited)(Dollars in thousands, except per share amounts)

MANAGEMENT COMMENTS

"Our third quarter of 2020 results continued to outperform and reflect the current strength in the homebuilding market. Meritage had many remarkable achievements this past quarter: We delivered our highest quarterly sales orders, our strongest absorptions since 2005, record quarterly home closing revenue, and our best quarterly gross margin since 2014 - while also achieving our lowest net debt to capital in our company's history, said Steven J. Hilton, chairman and chief executive officer of Meritage Homes. These strong results are the combination of existing favorable market factors including historically-low mortgage interest rates and increased demand for healthier, safer homes, and Meritage's strategy of focusing on affordable entry-level and first move-up homes that allowed us to capitalize on that demand.

Our sales orders of 3,851 homes this quarter were 71% more than the third quarter of 2019 and surpassed our previous quarterly record set in the second quarter of 2020. Over just the first nine months of this year, we sold a total of 10,550 homes - well over the full year 2019 sales volume. We also closed 24% more homes than we did in the same quarter of the prior year. Home closing revenue increased 21% year-over-year to $1.1 billion for the third quarter of 2020, which combined with a 21.5% home closing gross margin to drive a 56% increase in our net earnings compared to the third quarter of 2019."

He continued, "To meet the surge in demand we are experiencing, we are investing significantly for additional growth. We spent nearly $300 million on land acquisition and development and put a record near 9,000 new lots under control this quarter, bringing the total lot supply to nearly 48,000 lots, as we increase our market share in our existing geographies and push toward our 300 community count goal by early to mid 2022."

Mr. Hilton concluded, "Based on our performance through the first three quarters of 2020 and confidence in our ability to deliver our backlog, we are projecting 11,200-11,500 total home closings for approximately $4.2-4.4 billion total home closing revenue and home closing gross margin of 21.0-21.5% for the full year 2020. We expect that to translate into approximately $10.25-10.50 diluted earnings per share, a year-over-year increase of more than 60%."

THIRD QUARTER RESULTS

YEAR TO DATE RESULTS

BALANCE SHEET

CONFERENCE CALLManagement will host a conference call to discuss the results at 8:00 a.m. Arizona Time (11:00 a.m. Eastern Time) on Thursday, October 22. The call will be webcast live with an accompanying slideshow, both of which will be available on the "Investor Relations" page of the Company's web site at https://investors.meritagehomes.com. For those unable to participate via the webcast, telephone participants can dial in to 1-800-437-2398 US toll free on the day of the call. The international dial-in number is 1-929-477-0577.

A replay of the call will be available beginning at approximately 10:00 a.m. Arizona Time (1:00 p.m. Eastern Time) on October 22 and extending through November 5, 2020, on the website noted above or by dialing 1-800-437-2398 US toll free, 1-929-477-0577 for international and referencing conference number 1805364.

Meritage Homes Corporation and SubsidiariesConsolidated Income Statements(In thousands, except per share data)(Unaudited)

Meritage Homes Corporation and SubsidiariesConsolidated Balance Sheets(In thousands)(Unaudited)

(1) Real estate Allocated costs:

Supplemental Information and Non-GAAP Financial Disclosures (Dollars in thousands unaudited):

Meritage Homes Corporation and SubsidiariesConsolidated Statements of Cash Flows(In thousands) (Unaudited)

Meritage Homes Corporation and SubsidiariesOperating Data(Dollars in thousands) (Unaudited)

Meritage Homes Corporation and SubsidiariesOperating Data(Unaudited)

About Meritage Homes CorporationMeritage Homes is the seventh-largest public homebuilder in the United States, based on homes closed in 2019. Meritage offers a variety of homes that are designed with a focus on first-time and first move-up buyers in Arizona, California, Colorado, Texas, Florida, Georgia, North Carolina, South Carolina and Tennessee.

The Company has designed and built over 135,000 homes in its 35-year history, and has a reputation for its distinctive style, quality construction, and award-winning customer experience. Meritage is the industry leader in energy-efficient homebuilding and a seven-year recipient of the U.S. Environmental Protection Agencys ENERGY STAR Partner of the Year for Sustained Excellence Award since 2013 for innovation and industry leadership in energy efficient homebuilding.

For more information, visit http://www.meritagehomes.com.

The information included in this press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include statements regarding health of the housing market and the potential adverse impacts of the COVID-19 pandemic, and projected full year 2020 home closings, home closing revenue, gross margins and diluted earnings per share.

Such statements are based on the current beliefs and expectations of Company management and current market conditions, which are subject to significant uncertainties and fluctuations. Actual results may differ from those set forth in the forward-looking statements. The Company makes no commitment, and disclaims any duty, to update or revise any forward-looking statements to reflect future events or changes in these expectations, except as required by law. Meritage's business is subject to a number of risks and uncertainties. As a result of those risks and uncertainties, the Company's stock and note prices may fluctuate dramatically. These risks and uncertainties include, but are not limited to, the following: disruptions to our business by COVID-19, fear of a similar event, and measures implemented by federal, state and local governments or health authorities to address it; the availability and cost of finished lots and undeveloped land; shortages in the availability and cost of labor; the ability of our potential buyers to sell their existing homes; changes in interest rates and the availability and pricing of residential mortgages; our exposure to information technology failures and security breaches; legislation related to tariffs; inflation in the cost of materials used to develop communities and construct homes; the adverse effect of slow absorption rates; impairments of our real estate inventory; cancellation rates; competition; changes in tax laws that adversely impact us or our homebuyers; a change to the feasibility of projects under option or contract that could result in the write-down or write-off of earnest or option deposits; our potential exposure to and impacts from natural disasters or severe weather conditions; home warranty and construction defect claims; failures in health and safety performance; our ability to obtain performance and surety bonds in connection with our development work; the loss of key personnel; failure to comply with laws and regulations; our limited geographic diversification; fluctuations in quarterly operating results; our level of indebtedness; our ability to obtain financing if our credit ratings are downgraded; our compliance with government regulations, the effect of legislative and other governmental actions, orders, policies or initiatives that impact housing, labor availability, construction, mortgage availability, our access to capital, the cost of capital or the economy in general, or other initiatives that seek to restrain growth of new housing construction or similar measures; legislation relating to energy and climate change; the replication of our energy-efficient technologies by our competitors; negative publicity that affects our reputation and other factors identified in documents filed by the Company with the Securities and Exchange Commission, including those set forth in our Form 10-K for the year ended December 31, 2019 and our Form 10-Q for the quarter ended June 30, 2020 under the caption "Risk Factors," which can be found on our website at http://www.investors.meritagehomes.com.

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Meritage Homes reports record third quarter 2020 orders 71% higher than prior year; 56% increase in net earnings with 21% revenue growth and 21.5%...

The Extended Warranty Service market report offers a detailed investigation of the primary growth catalysts, limitations, and constraints which are deemed critical to the progression of the industry over the forecast period. Moreover, the report offers a holistic analysis of the various market segments in order to assist readers in understanding the top revenue prospects of this industry vertical.

As per credible estimations, the Extended Warranty Service market is anticipated to accumulate notable returns, exhibiting a CAGR of XX% during 2020-2025.

Taking into the account the latest updates on the business scenario, the emergence of the COVID-19 pandemic has plummeted the global economy and has affected demand and production across several industries by disrupting the entire supply chain. While some of the businesses have shown signs of immunity against this crisis, others are expected to face challenges even after the pandemic ceases. Our comprehensive study of this business sphere aims to answer all the client queries, thus allowing stakeholders to make well-informed decisions and indulge in revenue generation sprees.

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Key pointers of the Extended Warranty Service market report:

Extended Warranty Service Market segments covered in the report:

Regional bifurcation: North America, Europe, Asia-Pacific, South America, Middle East & Africa, South East Asia

Product gamut: Standard Protection Plan and Accidental Protection Plan

Application scope: Automobile, Consumer Electronics, Home Appliances and Others

Competitive landscape: Asurion, Allianz Global Assistance, Allstate (SquareTrade), American International Group (AIG), Ally Financial, Assurant, Endurance Warranty Services, American Home Shield, Amtrust, Automobile Protection Corporation (APCO), CarShield, CARCHEX and Corporate Warranties India

Major aspects enlisted in the report:

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The huge assortment of tables, graphs, diagrams, and charts obtained in this market research report generates a strong niche for an in-depth analysis of the ongoing trends in the Extended Warranty Service Market. The report also looks at the latest developments and advancement among the key players in the market such as mergers, partnerships, and achievements.

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In short, the Global Extended Warranty Service Market report offers a one-stop solution to all the key players covering various aspects of the industry like growth statistics, development history, industry share, Extended Warranty Service Market presence, potential buyers, consumption forecast, data sources, and beneficial conclusion.

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Research Report and Overview on Extended Warranty Service Market, 2020-2025 - Express Journal

After over a week of heavy criticism from the backcountry community surrounding potential malfunctions with the Pieps DSP Pro and Sport avalanche beacons, Pieps has released an updated statement on the matter on their Instagram channel. If you own a Pieps DSP Pro/Sport and are at all concerned about the functionality of the device, you should send it in to their warranty department and Pieps will offer an upgrade to the latest generation of their product. In North America, this will go throughBlack Diamond Equipment.There is still no official recall of the product.

RELATED: What's Going On With the Pieps DSP Pro and Sport?

We know that confidence in your equipment is key. If you have any concerns about your DSP Pro/Sport, please contact us. We will offer you an upgrade to the latest generation of our avalanche transceivers.

Contact us at: dsp@pieps.com

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Pieps Provides Update on Beacon Warranties and Upgrades - Teton Gravity Research

Cadillac has a couple key goals as it battles to maintain its share of the luxury market, and ultimately grow.

First, it has to stand out against a wide array of luxury competitors (Acura, Tesla, Audi, Lexus, Infiniti, Lincoln, Benz and BMW among them). This alone is a daunting task.

The other goal is to capture the next generation of luxury car buyers, with the goal of getting them in the Cadillac family so they remain loyal as they buy or lease luxury vehicles in the future. In order to do this, you need new vehicles that will garner attention that are also somewhat affordable for entry-level buyers.

With that in mind, Cadillac developed the XT4, a compact SUV that debuted in 2019 and sees minor changes for 2020. This vehicle sits on the low end of the Cadillac luxury crossover lineup, and is priced to sell to first-time luxury buyers.

I recently spent some time in a 2020 Cadillac XT4, and Im back with a full review on how it compares in a segment where you really need to shine to stand out.

2019 Cadillac XT4 Sport

LOOKS

The 2020 Cadillac XT4 offers the usual aggressive but stylish design that Cadillac fans have learned to love over the years.

The XT4 is part of the family of crossovers which also includes XT5 and XT6, the new naming convention which hopefully will stick around since I can't keep track of all the changes anymore. The XT4 features LED headlamps and tail lamps, with front cornering, as well as LED turn signals, passive entry and keyless start.

2019 Cadillac XT4 Sport

The exterior of my test vehicle featured a silver metallic paint job, while the interior was jet black with cinnamon accents.

The interior design of the XT4 was well thought-out by Cadillac. Up front, seats are extremely roomy, and back seat leg room is also strong for the segment. Seating is available for up to five people.

2019 Cadillac XT4 Sport

One area where the XT4 does fall short is cargo space, as numbers are lower than some rivals with the rear seats up or down. On a positive note, the rear does have a 60/40 split to boost storage options depending on the number of rear passengers.

The interior design emanates luxury better than many of this segments offerings. The high-quality seating was plush and cozy and features lumbar support for both front seats, and driver settings can be saved via the memory package.

Drivers in colder climates would be wise to opt for the cold weather package, which includes front heated seats, rear outboard heated seats in rear, and a heated steering wheel.

2019 Cadillac XT4 Sport

Buyers who choose the Sport trim level will get attractive design features including a gloss black mesh grille, gloss black window moldings and specific Sport alloy wheel options.

Luxury and Premium Luxury models will get you a grille featuring bright metallic accents, satin aluminum window moldings and satin chrome-accented door handles.

HOWS THE RIDE?

A 2.0-liter, 4-cylinder turbo engine powers all trim levels of the 2020 XT4. This power plant brings a boost in fuel efficiency, and is paired with a nine-speed automatic transmission. It offers 237 horsepower and 258 lb.-ft. of torque.

2019 Cadillac XT4 Sport

FWD and AWD versions of the XT4 are available. My test vehicle featured all-wheel drive, a four-wheel independent suspension, selectable driving modes, stability control and traction control.

Driving modes included Touring, Snow/Ice, and Sport, and can be adjusted based on your driving situation and how you want to get around. There is also an available Active Sport Suspension featuring Continuous Damping Control.

I was happy with the acceleration, handling and overall power of the XT4. Though it is not best in class in any of these categories, it is one of the better performers overall and will satisfy most drivers. The overall ride quality was also extremely smooth, as a luxury ride should be.

One small gripe is that Cadillac uses a unique shifter design that most people wont be used to maneuvering. It doesnt take long to learn it though, so not a huge deal in the long run.

TECHNOLOGY, SAFETY

I have long questioned the quality and user-friendliness of the Cadillac User Experience (CUE) system that was in place for many, many years. And it looks like Cadillac finally got the hint from so many frustrated users, and has made an upgrade to the infotainment setup in the XT4, a truly positive change.

While it still has its quirks, this new CUE system is nowhere near as dramatic and unreliable as the former system was. Better late than never, and Im curious to see future evolution to make it even better.

The updated infotainment system features an 8-inch color display, and is compatible with Apple CarPlay and Android Auto for smartphone mirroring. It now offers a rotary infotainment controller, which is much easier to use than the touch controls on the previous system.

Satellite radio comes as a trial and then you must subscribe. OnStar services are available on the vehicle, and you can choose a Wi-Fi hotspot in the vehicle. You also get a hands-free liftgate, universal home remote, and rain-sensing windshield wipers.

Safety ratings are another huge benefit of the XT4. Almost every government rating is at 5 stars with a couple at 4 stars. It may be a smaller SUV, but is still very very safe.

Safety and Security features on the XT4 include: Automatic Emergency Braking, Front Pedestrian Braking, Lane Change Alert with Side Blind Zone Alert, Rear Cross-Traffic Alert, Safety Alert Seat to warn you when you're exiting your lane, Front and Rear Park Assist, and Forward Collision Alert. All of the systems worked very well in my experience and were not overzealous.

An optional feature is an embedded navigation system, which also includes real-time traffic reports. This feature also includes an upgrade to a Bose Centerpoint surround-sound 13-speaker audio system.

An optional driver assist package includes: Advanced Adaptive Cruise Control, Enhanced Automatic Emergency Braking, and Reverse Automatic Braking. Wireless phone charging is also an option. Cadillac Connected Apps are available, as are Teen Driver controls, and the vehicle is loaded with air bags. An HD Rear Vision Camera (which looks and works great) and Rear Park Assist are standard features on the XT4.

MPG

Official fuel mileage numbers on the AWD version of the XT4 come in at 22 city/29 highway/24 combined. The FWD version can reach 30 mpg on the highway.

These numbers, courtesy of the new fuel-efficient engine, are near the top of the class in the luxury compact SUV category, and were confirmed during my time driving the vehicle. If fuel economy is a key box for buyers to check, theyll have a lot to like in the XT4.

PRICE

My test vehicle with a good number of add-ons was priced just over $48,000, and the XT4s base price starts about $36,000. These are very competitive numbers in the luxury segment, and will help to attract new buyers who may have a lower budget.

When you consider that the XT4 competes well in most categories against more expensive alternatives, it comes across as a steal.

Warranties include a 4-year/50K mile bumper-to-bumper limited warranty, and 6-year/70K mile powertrain limited warranty.

2019 Cadillac XT4 Sport

BOTTOM LINE

SUVs are the segment where auto companies will make their money going forward. And Cadillac should see success attracting new luxury buyers to the brand with a vehicle like the XT4.

The price is right, its more stylish than many of its rivals inside and out, and the drive is enjoyable. Add to that a bevy of tech and safety features, and you have a truly competitive package.

Especially if someone is looking to buy domestic, they now have a compelling reason to do so.

Matt Myftiu can be reached via email at matt@autotechreviews.com. His past reviews can all be seen online at autotechreviews.com.

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Cadillac XT4 targets next generation of luxury buyers - The Oakland Press

America's Preferred Home Warranty Partnership with Child and Family Charities During COVID-19

JACKSON, Mich. (PRWEB) June 05, 2020

Child and Family Charities (CFC) and Americas Preferred Home Warranty (APHW) have a relationship going back nearly a decade. The nonprofit has grown considerably over the years, and APHW has not only kept donating, but repeatedly increased donations, fundraisers, and volunteers. These increases have made a huge impact on CFCs reach among mid-Michigan children, youth and familiesparticularly during COVID-19.

APHW has helped us become a stronger organization, said CFC CEO Julie Thomasma. And because of their help, we felt better about going into this situation, being better able to offer support and increase our services where they are needed most, she said.

Child and Family Charities assists mid-Michigan youth and families through 25 programs across six divisions. They have focused extra efforts around providing food assistance, childcare, shelter, and mental health services during COVID-19, Julie described, because so many more families need them these days, and so much more.

APHWs support also helped CFC to keep their entire staff during COVID-19, and even expand it. Weve actually hired additional coaches to meet the need, she said. And weve been doing even more work because that need is so great. Were in a really great position because of APHW.

The support from [APHW President and Owner] Randy Caltrider and APHW gives us that spark of hope to continue working with the populations and families we serve, said CFC Director of Development Demphna Krikorian. Were seeing the increasing needs, and well see more tomorrow and onward until we get through this. And we really couldnt do it without that spark, that hope, that APHW gives us.

Want to help? Visit https://www.childandfamily.org/ or call 517.882.4000 for more information.

Luke 12:48 - To whom much is given, much will be required.

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America's Preferred Home Warranty Partnership with Child and Family Charities Boosts Efforts During COVID-19 - PR Web

Today, Total Home Protection, a home warranty company working to provide high-quality home warranty products and services to homeowners, announced that they will be working on launching a new communication platform and developing a new CRM system to better manage all aspects of their business. Their newly conceptualized AI-based platform is designed to allow complete real-time visibility into all aspects of the process for all the parties involved, including Total Home Protections own employees, the service contractors in their network, and, most importantly, the consumers.

Traditionally, home warranty companies operate indistinguishably from one another. The homeowner is always tasked with calling the home warranty company to report when a home system or appliance has broken or has stopped working. The home warranty company then has its employees manually process this claim and connect the homeowner with a service provider who will contact them to make an appointment.After this, the service provider fixes thecoveredproblem, and the home warranty company will pay for the services rendered based on the homeowners contract coverage.Its an efficient, but incredibly lengthy process.

Now, according to the current owner and CEO of Total Home Protection David Seruya, their re engineered communication platform will make this process simpler, more efficient, and more open for homeowners. We are dedicated to providing World Class Customer Service through our technology and providing fast and effective solutions to our customers. This technology allows us to do that, said David Seruya.

According to Mr. Seruya, with this new technology, customers will be able to put in service claims online or over the phone using only their policy number. The platforms intuitive AI-based algorithms will then almost-automatically match each customers claim with the highest-rated technicians in the area so that they can be given the highest quality of service in the shortest amount of time feasible. Theyve also built-in new communication gateways that homeowners can use in order to get real-time updates on the job. These portals can also be used by homeowners to chat with certified professionals through text and it will allow them to track and follow the progression of repairs or replacements more easily so that they can stay better informed on the process.

June, of Auster, GA, a verified buyer of one of Total Home Protections plans had this to say about the companys communication practices. I turned the switch for the garbage disposal to come on, and it stayed on. It wouldnt cut off. So, I had to go into the garage and turn it off. I called in for a claim and I had no problem with the representative that I dealt with. The contractor came in less than 48 hours, and that was why I was impressed with Total Home Protection. Before them, I had American Home Shield and it was a nightmare. When you make a claim (with AHS), their contractors do not come until a week later. That was why I switched. This review was originally posted on the 10th of November, 2019, and thus, was reviewing Total Home Protections original systems.

However, it does still paint a fair picture of the companys existing customer service systems and the new systems that they plan to put into play. Former President Ronald Seruya says this about their growth. I am very proud of the growth the Company has seen since it started. I am happy I was there for the humble beginnings and Im even more excited to continue to see the company excel and become an industry juggernaut.

Total Home Protections ultimate goal is to deliver fast and effective solutions to homeowners with their home warranty products and their network of highly-rated service contractors. This new technology that they hope to put out is designed to help further that objective. Specifically, by focusing on improving the quality of customer relations and providing complete transparency in their process to keep consumers better informed, and thus, more satisfied.

This has always been one of Total Home Protections main goals, and although their current CRM systems are more than adequate at competing with most of the existing home warranty systems at large, they are hoping that this new communication platform and CRM system will help push their process into an entirely new standard of excellence.

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Total Home Protection Is Using Technology To Improve Customer Communications - ZOBUZ - Zobuz

This interview with David Seruya, CEO of Total Home Protection, covers the competencies that led to the success of Total Home Protection. The company ensures what is probably the essential thing in the existence of a family: peace of mind, calm, and security. The firm can quickly find a solution for almost all problems with minimal costs.

Total Home Protection was founded in 2005 by David Seruya, a brave young man of only 25 years old. He learned how to run and develop the company step by step. He made mistakes that he corrected and from which he learned. He trained and perfected all the qualities necessary for a good leader. We will talk about some of the competencies that allowed him to improve his managerial skills.

What are the criteria for which you recommend Total Home Protection as the best company in the field?

David Seruya: There are several reasons why Total Home Protection is the ideal solution for any family that wants to be safe from small or large problems that may occur at home. We offer two home warranty plans: Gold Plan and Platinum Plan. Both cover the leading systems and appliances; Platinum Plan supplies extensive services. Friendly customer service 24/7 solves client problems in no time. The leading team carefully selects every technician; only a well-trained and certified technician can be part of our teams. Total Home Protection covers every repairs or replacement, without considering the damaged equipment price.

As a young entrepreneur, how did you manage to form and lead these teams of professionals

David Seruya: I carefully selected only certified technicians based on their CV, references, and, sometimes, my intuition. The supervisors choice is the most difficult. Supervising one colleague can generate issues, and I managed to help the supervisors to overcome sensitive situations. I always consider the technicians productivity and their organizational culture.

It is almost impossible to avoid all labor disputes. How did you manage to solve them so that the teams work in a friendly environment?

David Seruya: It is essential to find the conflict source. We talk patiently with both parties and collaborate in a friendly manner to find a win-win solution. I know that unsolved problems can damage the team activities and lead to significant issues. My emotional intelligence is an essential skill. It is an innate gift that cannot be learned. Emotional intelligence helps me to improve interpersonal relationships. I cannot lead a team to success without empathy and patience. This competence has developed over the years devoted to Total Home Protection and my family. I have many responsibilities that I must face, and I know how to avoid burnout.

It is time to talk about the importance of your skills as a great communicator

David Seruya: It is vital to have excellent verbal and written communication skills to manage employees. I need to create an organized structure to send the proper information to each compartment.

The communication with the employees is vital. I must often use my skills to find the right way to communicate with my employees in a delicate situation. During the Covid-19 period, our activity suffered the same restrictions as many firms all over the world. In certain zones, the business stopped, without affecting the technician income. Everything comes to regular these days.

I am convinced that my communication skills, my empathy, my emotional intelligence are the base of my technician teams success.

Sometimes teams of technicians must deal with many requests in a short time. They must collaborate very well to be efficient. Have you thought about team buildings to help technicians relax and become friends?

David Seruya: As a manager of Total Home Protection, I share our primary goals and vision with the employees. It is vital to help every technician to become part of a team, to collaborate better with his colleagues. Therefore, I organize, from time to time, team building events. First, I set the goals; then, I set up the budget. I call my collaborators to find the proper time and location.

The most popular team building events happen outdoor. Sometimes the weather forces us to remain indoors, but the game can be exciting too. A few volunteers help me organize the event. They have great ideas and often make it possible to get out of our comfort zone.

It is vital to have excellent customer service. What are the qualities that will help you to improve customer service permanently?

David Seruya: I learned to be a good coach. Inexperienced technicians receive help from me almost all the time. I like to share my knowledge and share my understood experience. It is the way for my new colleagues to find their weaknesses and improve their skills. I make efforts to train the new technicians because it is vital to respond quickly and offer practical help to our clients. In the meantime, the technicians also develop their problem-solving skills. Their knowledge must be updated because the change is essential to move steadily forward.

When I have significant problems to solve, I delegate the coaching tasks to one of the experienced employees. It increases their job responsibilities and may improve the organizations strategy.

Please tell me more about the most critical task that concerns you now

David Seruya: I am doing my best to find what motivates my employees and find how to support their initiatives. I use my resources to discover how to create the best work environment for my technicians.

Are your client testimonials favorable? Did you find an exciting proposal or idea in their thoughts?

David Seruya: The testimonials are a good source of ideas for improving our work, and when they are favorable, they are proof that the efforts we make every day have paid off. Total Home Protection plans are not available nationwide. Many testimonials ask us to offer reliable coverage everywhere in our country. Customers testify that they saved energy and time with Total Home Protection; the costs are competitive, and the service prompt and effective.

Some happy clients recommend Total Home Protection to their friends and families, as a good company. Clients had satisfying, positive experiences. Total Home Protection replaces the broken items with no charge or for minimal fees.

The testimonials help to build out prestige. I am happy to find that our site, the result of my work as a designer, is user friendly. Many comments are proof that the website works well and offers without much effort all required information.

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David Seruya about the competencies that made Total Home Protection successful - California Herald

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LONDON--(BUSINESS WIRE)--The automotive refurbished turbochargers market is expected to grow by USD 743.44 million during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters with a limited impact on the full-year economic growth.

Request challenges and opportunities influenced by COVID-19 pandemic - Request a free sample report of the automotive refurbished turbochargers market

The demand for refurbished automotive turbochargers is increasing among consumers owing to their low cost compared to new units. Refurbished turbochargers are usually stripped down, cleaned, and the faulty parts are replaced by newer ones. Also, some parts in turbochargers, such as the compressor housing, need not be replaced as they are not susceptible to regular wear and tear. Refurbished turbochargers also look similar compared to the newer ones. In addition, prominent vendors are offering warranties on refurbished turbochargers. For instance, BorgWarner offers a one-year or a 100,000-mile warranty on its automotive refurbished turbochargers. Such cost benefits are driving the growth of the global automotive refurbished turbochargers market.

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43072

As per Technavio, the development of electric turbochargers will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other significant trends and market drivers that will influence market growth over 2020-2024.

Automotive Refurbished Turbochargers Market: Development of Electric Turbochargers

Prominent vendors in the market are focusing on the development of electric turbochargers that feature motors. The electric motor enables the turbocharger to rapidly spin up the turbo at low speeds. This eliminates the turbo lag issue faced by conventional turbochargers. During deceleration, these turbochargers act as generators to charge the battery. They are also less complex to pack when compared to conventional turbochargers. With the increasing regulatory pressure to deliver fuel-efficient vehicles, the demand for electric turbochargers will gain traction during the forecast period.

The growing popularity of two-staged turbochargers and the development of turbocharged rotary engine will further boost market growth during the forecast period, says a senior analyst at Technavio.

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Automotive Refurbished Turbochargers Market: Segmentation Analysis

This market research report segments the automotive refurbished turbochargers market by Application (Passenger cars, LCVs, and M and HCVs) and Geographic Landscape (APAC, Europe, North America, South America, and MEA).

The APAC region led the automotive refurbished turbochargers market in 2019, followed by Europe, North America, South America, and MEA respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to the growing demand for automobiles.

Technavios sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Some of the key topics covered in the report include:

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Automotive Refurbished Turbochargers Market 2020-2024| Low Cost of Refurbished Turbochargers to Boost Market Growth | Technavio - Business Wire

The Extended Warranty Service market study Added by Market Study Report, LLC, provides an in-depth analysis pertaining to potential drivers fueling this industry. The study also encompasses valuable insights about profitability prospects, market size, growth dynamics, and revenue estimation of the business vertical. The study further draws attention to the competitive backdrop of renowned market contenders including their product offerings and business strategies.

The research report on Extended Warranty Service market provides a granular assessment of this business vertical and includes information concerning the market tendencies such as revenue estimations, current remuneration, market valuation, and market size over the estimated timeframe.

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An overview of the performance assessment of the Extended Warranty Service market is enlisted. The document also comprises of crucial insights pertaining to the major industry trends and the expected growth rate of the said market. The study encompasses specifics related to the growth avenues as well as the restraining factors for this business space.

Major factors underlined in the Extended Warranty Service market report:

Considering the geographical landscape of the Extended Warranty Service market:

Extended Warranty Service Market Segmentation: North America, Europe, Asia-Pacific & Middle East and Africa.

A summary of the details offered in the Extended Warranty Service market report:

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An overview of the Extended Warranty Service market in terms of product type and application scope:

Product landscape:

Product types:

Key parameters included in the report:

Application Spectrum:

Application segmentation:

Specifics offered in report:

Additional information mentioned in the report:

Other insights regarding the competitive scenario of the Extended Warranty Service market:

Vendor base of Extended Warranty Service market:

Key parameters as per the report:

Highlights of the report:

Key questions answered in the report:

For More Details On this Report: https://www.marketstudyreport.com/reports/global-extended-warranty-service-market-growth-status-and-outlook-2020-2025

Some of the Major Highlights of TOC covers:

Chapter 1: Methodology & Scope

Definition and forecast parameters

Methodology and forecast parameters

Data Sources

Chapter 2: Executive Summary

Business trends

Regional trends

Product trends

End-use trends

Chapter 3: Extended Warranty Service Industry Insights

Industry segmentation

Industry landscape

Vendor matrix

Technological and innovation landscape

Chapter 4: Extended Warranty Service Market, By Region

Chapter 5: Company Profile

Business Overview

Financial Data

Product Landscape

Strategic Outlook

SWOT Analysis

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Comprehensive Analysis on Extended Warranty Service Market based on types and application - 3rd Watch News