Dealers are bringing in less money from the front side of the business. Dealers who are able to successfully retain customers and keep them coming back to the service department will be the ones who will do the best and be the most profitable.
Demand for replacement auto parts is generally driven by two major factors and two lesser but still important factors—the age of vehicles on the road, miles driven, weather and gas prices. So, here's a look at each factor.
An analysis of automotive innovations that are to be unveiled in the not-too-distant future includes improved electric vehicles, more complex vehicle-to-vehicle communication, and stronger artificial intelligence.
With President Donald Trump apparently on the verge of levying tariffs on car imports into the United States, stocks of auto manufacturers like Ford and General Motors could be in big trouble, according to one investors service.