Automotive

Parts And Service Recover

“Nothing is certain but death and taxes (and also oil changes)”
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Parts And Service Recover

Most categories of dealership service and parts business have recovered from Covid-19 shutdowns. Miles traveled on US roads was up 10.6% in Feb 2022 year-over-year. 

Lithia Motors reports customer pay service work increased 15% and body-shop work by 5% in Q1 vs. 2021. Warranty work, however, is down 3% due to new vehicle volume remaining low.

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