Data shows car buyers are putting less money down and turning to longer loan terms at record levels as affordability pressures persist.
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The concentration reflects population changes of repair outlets in the U.S., shifting nameplate mix and the age profile of the VIO, and other factors.
Recent survey asks collision shops whether they are billing for additional time to prep an adjacent panel for blending paint — most aren't.
The current automotive economy is a challenging one for the U.S. consumer and it's rippling through the latest auto repair shop trends according to new industry survey.
Premium Guard Inc.'s acquisition supports its expansion into additional maintenance categories, including ignition and spark plugs.
March, however, typically sees stronger sales compared to February, but ongoing affordability issues, inflationary pressures and interest rates are affecting the market.
Despite improvement, dealers continue to face considerable competition from aftermarket providers focusing on speed and convenience.
