Frost & Sullivan Hosts Free Webinar: Keeping Pace With the Ebb and Flow of Consumer Repair Demand

MOUNTAIN VIEW, Calif., May 7 /PRNewswire/ --

The economic downturn has forced consumers to retract all levels of spending. This includes a stop to buying new cars and clinging to existing ones, while holding off on maintenance and repair. The impact to the repair industry was severe and immediate.  Shop closures forced declines in the number of bays and technician unemployment rose. While some channels suffered, other channels, typically those offering lower cost and higher convenience seemed to thrive. This briefing examines economic and consumer behavior changes and how the repair industry structure has adjusted to these changes.

This discussion will examine future trends and industry opportunities emerging from key industry metrics, including shop counts by channel, bays, technician's counts and skill mix.

A comprehensive market forecast of U.S. and Canadian repair shops by channels, proposed bay forecasts and analysis of technician numbers and skills will also be discussed.

This briefing will provide significant insight into the future profile of the repair industry.  Those most likely to benefit are aftermarket part suppliers and manufacturers of tools, equipment and shop supplies. Service provider strategic planners will gain a greater understanding of where consumer repair service dollars are heading by channel, along with existing opportunities and pitfalls.

Supporting Quote

"The need to save money, coupled with the dramatic nature of dealer closures, drove consumer trial of alternative service providers," states Global Aftermarket Program Manager Mary-Beth Kellenberger.  "The front runners appear to be the tire company chains who recently expanded into a broad base of repair services, and the mass merchant/club retailers who's message of low cost/convenience hit home."

Supporting Resources

For more information about Frost & Sullivan's Automotive & Transportation practice, please visit:  http://www.automotive.frost.com.

Registration

• To attend the briefing, email [email protected] your full name, title, company name, company telephone number, company email address, city, state and country.
• Receive a recorded version of the briefing anytime by submitting the aforementioned contact details.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

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SOURCE Frost & Sullivan