Like many industries, the automotive repair business has seen a definitive slump in the wake of the coronavirus pandemic. During the year-long lockdowns, driving was down, leading to a reduction in the need for repairs and a slump in routine maintenance work as well. In some areas, a decline in estimates and repairs reached at least 50% — and potentially even higher.
For several years, the automotive industry news has become flooded with arguments about companies developing unfair transaction strategies.
Tesla recently battled major lawsuits because of their direct-market approach to selling their vehicles. Robert Bird, a professor of business law, said, “The controversy is that Tesla’s entry into the automotive market threatens to upend established relationships between manufacturers and dealers.”