While most industries are still struggling or barely able to maintain its position as the recession in the industry segments, to enjoy the economic benefits of the impasse. According to Reuters in December 2010, “Economic sputtering put a motor vehicle repair company in the fast lane.”
If someone stops to think about it, it makes sense why business is booming for the auto repair shops. Faced with rising unemployment and eliminated bonuses and increases, people hold on to their vehicle rather than replace every two years, when their lease expires.
Tags: authoritative body, auto repair shops, body mechanics, buying a new car, industry segments