Wrench Nation

#280 2023 Automotive Industry Outlook & Trends

01.08.2023 - By Frank LeutzPlay

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Happy New Year !!

 

2022 in general was an incredible year for the automotive aftermarket & all things service and repair....not so much for new and used vehicle sales as the later part of the year started to unfold.

With the rise in interest rates and the FED tone of taming inflation, consumer sentiment is starting to warn of caution ahead, as they refine what they will be spending their hard-earned wages on.

Join us as we bring in the New Year with a look at the automotive industry trends that we hope you can benefit from!

 

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