Auto Sales

Can you say “in the toilet”? Automakers’ sales for September were grim at best and disastrous at worst. You can read about the sales slumps here. While high gas prices were the culprit for weak summer sales, sales slumps now are being blamed on the slowing economy and tighter credit, with fewer people qualifying for harder-to-get auto loans.

The silver lining to this gray cloud, at least for fast lube operators, may be the fact that the sales slump is hitting the dealership market hard. The article linked above noted that as many as 3,800 dealerships could be forced out of business this year. Further, consumers may be forced to hold onto their current vehicles longer, meaning it would behoove them to take better care of them.

About National Oil & Lube News

National Oil & Lube News is the fast oil change industry's oldest and largest trade publication. Started in 1986 by Steve Hurt (a former fast lube owner) and David Arrington, NOLN has grown and evolved right alongside the fast lube industry. Here at NOLN, our aim is to help fast lube operators with every facet of their business, from operations to technical issues. Our monthly magazine and this regularly updated website contain everything from technical tips, recall announcements and service guides to articles on handling customer complaints, building your brand and making your business the best it can be. With tips and advice from experts both inside and outside the industry, you're sure to learn something that can help your fast lube business grow and prosper.
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