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Its true that economic recession has not left any industry untouched. The most badly affected is of course automotive industry. But despite the increasing industry gloom, there is a wing that has been consistently making profit. Wondering about it? Friends, its the auto repair shops and centers worldwide.

On one hand, when even the major automakers are facing heavy losses and are on the verge of bankruptcy, the auto repair centers are making the optimum utilization of this opportunity to make money. Being cash-strapped, the consumers are unable to buy any new car and this fact has been a boon in disguise. Car owners are taking their old cars to repair shops that in turn is helping repair centers make ample money.

Obviously, its always a wise decision to cling on to the money that you have in economic recession. With a number of job losses every month, one never knows what happens next. Save money. You may also try these fuel saving tips to save money.

Used Cars – Making Great Business

Since, no one has money at present to spend on any new vehicle, people are preferring used cars instead of new ones. Different car owners are getting a fair amount for their old cars. The centers that deal in old cars are cracking great deals for used cars. Inflation in buying of used cars is directly proportional to increase in business of auto repair. People buying used cars are taking their vehicles for repair to these centers. Good, for the repair center owners!! Atleast someone is gaining through amidst this recession.

I am Fred Clay, a journalist and an automotive industry expert. Automobiles, automotive parts & components and any & everything related to this industry interests me and is my passion. Over the past eight years, i have covered different automotive industry related news and have been writing on the same. As a professional I have reported on myriad topics, my favorite is the automobile industry. I also write for different web portals and websites. Amongst all, my favorite is Automotive Components & Partsthat is an Automotive industry B2B marketplace. This portal - Automotive-online.com provides detailed information on industry overview, news, trends, professional associations, publications, tenders, product catalogs, international trade leads, trade events, worldwide manufacturers & suppliers related to global automotive components & parts industry. I now blog at: Automobile Hotspot

Article Source: ArticlesBase.com - Auto Repair Shops Gain While Automakers Loose