Car servicing boom when car production is slow
Global economy crisis has made all car makers to think about their production. Maruti Suzuki India Ltd. has cut its production target while there is a slowdown in the automotive sector. (source – HT news today). Source says, other car manufacturers, Tata motors is also planning.Global economy crisis has made all car makers to think about their production. Maruti Suzuki India Ltd. has cut its production target while there is a slowdown in the automotive sector. (source – HT news today). Source says, other car manufacturers, Tata motors is also planning.
I think when people are not buying new car, it may be obvious used cars and car servicing business may boost. Service industry in any sector gets boost when production gets slow.
A slowdown in auto sector would give chance to un-authorised service station to do good business. They need to improve their services. When you know you have to pay 3 times the cost of unauthorized car service center for standard things like washing/oil check etc – your vehicle, you will avoid going to authorized car service centers. I know for repairing some parts people do not take risk to go to unauthorized car service center.