Auto Mechanics in California
The Auto Mechanics industry in California has grown slowly over the five years to 2017. Although California's growing economy has spurred more consumer spending and increasing vehicle miles, new car sales have ultimately tempered demand and revenue growth for the industry. A combination of pent-up demand coming out of the recession and historically low interest rates, drove many consumers to trade in their old vehicle for a new model. Over the five years to 2022, the Auto Mechanics industry in California is expected to make gains. As interest rates continue to rise, new car sales will decline, and total vehicle miles and the average age of vehicle fleet will keep increasing, thereby prompting demand for repair and maintenance services. Moreover, IBISWorld expects a modest rebound in profit, as stronger demand gives operators better pricing leverage.
This industry provides mechanical and electrical repair and maintenance for cars, trucks, vans and trailers. Operators include self-employed mechanics, auto repair shops, garages and car care centers. This industry does not include car dealerships, auto parts retailers or gas stations that provide industry services. Industry services do not include auto bodywork, car washes, oil changes or air conditioning repair (IBISWorld reports 81112, 81119a and 81119b, respectively).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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