Monday, March 30, 2009

Auto Repair business

As the auto majors stare bankruptcy in the face, and lesser car manufacturers see fewer and fewer sales, the impact of the recession is spreading. Auto parts companies are also going out of business as new car sales plummet. Car dealerships are affected and with them their repair shops.

People looking for repairs for their automobiles have to turn towards private auto repair shops. More people are also keeping and maintaining their old cars instead of buying new ones. This means more opportunities for auto repair businesses. On the downside people are trying to do simple repairs in their own garages and backyards rather than visiting auto repair shops. Visits for such things like an oil change are less frequent; but at all events its still the private auto repair businesses that will benefit from the current recession.


photo from Maxacars

1 comments:

  1. Yes, there are people who chose to have their old ones for a complete car repair specially the paint and the body frame. Buying a new one is really a big investment to have. Also, it is better for you to apply for a car insurance, you'll be benefit for that in the future.

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