Consumers are now paying around $1,300 more for the average used vehicle as the price gap between new and used becomes unusually narrow.
Posts published in “National News”
Nearly three-quarters are concerned about repair costs while 68% would decline latest technologies for a more affordable vehicle.
First Brands' chapter 11 filing could be reflective of further things to come that may cause pain for a range of market participants.
Consumers are finding ways to mitigate tire expenses as other vehicle costs like insurance, repair labor and parts continue to increase.
TSG sells majority stake to Boyd Group Services, one of the largest operators of collision repair centers in North America.
The network of independently owned repair centers will be able to pursue the acquisition of collision businesses of any size with greater resources.
The inflators, potentially imported illegally, had been installed as replacement equipment after vehicles were involved in previous crashes.
