Automotive Repair & Maintenance Services
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide repair and maintenance services for passenger cars and light trucks. Major US companies include Firestone Complete Auto Care (a unit of Bridgestone), Jiffy Lube, Meineke, Midas International, Monro Auto Service and Tire Centers, and Safelite Group.The global automotive repair and maintenance services industry is forecast to grow at 7.6% by 2031, according to Allied Market Research, driven by increasing vehicle production and growing demand from emerging markets, notably China and India.
The US automotive repair and maintenance services industry includes about 162,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $115 billion.
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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