The auto parts wholesale industry is directly impacted by the current economic condition. With increasing interest rates, automobile sales are declining. However, the average automobile age is increasing which leads to increased demand for auto parts. Both factors –...
The auto parts wholesaling industry has experienced its fair share of ups and downs. With the economy expanding, conditions in this industry have improved. While 2020 was extremely hard, consumers have begun to purchase vehicles again. The auto industry directly...
The auto parts wholesaling industry was significantly impacted by the Covid-19 pandemic. As consumers’ needs for driving decreased, so did automobile sales. While 2020 was a tough year, 2021 increased revenue by 5.31%. Another difficult demand for this industry...
