My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.

Auto Repair Shops Find Economic Fix

Opinions expressed by Entrepreneur contributors are their own.
auto-repair.jpgDetroit might be a bust, but auto repair shops are doing just fine, according to small business data tracker BizEquity.

The firm states that repair and maintenance facilities have grown in value since mid-year 2008, by $4.578 billion and $1.321 billion respectively. Compare that to a nearly $8 billion deflation for new car dealers since mid-year, according to BizEquity.

The firm states there are 717,712 small businesses in the auto industry worth more than $123 billion. It appears that, as people avoid buying new cars, they're keeping what they have tuned up and ready for the road.

 

6 Years After 'Shark Tank,' This Lobster Roll Food Truck Clawed Its Way Into a Multi-Million Dollar Business