Similar to the 2007-09 economic downturn, automakers are turning their attention to the aftermarket with renewed interest in today's economic uncertainty.
Posts tagged as “automakers”
Close to one-third of U.S. automakers expect parts and service to contribute no less than half of their entire revenue within the next five years.
Contributing factors include depreciation, lower finance charges, reduced fuel prices, and a shift toward more affordable vehicle options.
The price shock in just one month for just two countries will become impossible to ignore for suppliers, dealers and consumers, says industry analyst.
Sessions include the stock market's impact on auto repair and manufacturing, the latest from Hyundai, an in depth Q&A for new members and more.
The giant car carrier transporting electric vehicles is the third EV-related shipping loss since 2021. Losses reach nearly 11,000 vehicles and exceed $1.8 billion.
New poll finds that vast bipartisan majority of Americans want the right to choose how and where they fix their vehicles.
