Revitalization of the Automotive Industry Promotes Job Growth

The Fiscal Times reported that Akron ranked number two on the list of cities experiencing the most job growth despite the economy.  This is due both to the rise in construction with Firestone/Goodyear Research Facilities and the increase in manufacturing jobs for foreign and domestic car production.  Goozner writers, “the areas of the country that added jobs at the fastest pace during the past year have benefitted from a variety of factors, from the revitalization of the automobile industry to a surge in exports to the newest new things to emerge from the nation’s high-tech labs.”

GreatAmerican Group, ‘a leading provider of asset disposition,valuation and appraisal services’, reported improved automotive sales in August, September, and October 2011. 

           

"In October, new car sales totaled 1.02 million units, as even percent increase from October 2010," said Great American Group National Sales & Marketing Director Mike Marchlik. "Despite trying economic conditions, as well as international turmoil and difficult weather, auto sales have proved to be remarkably resilient. Industry experts have been fairly optimistic regarding recent automotive sales trends."

 

The continued growth of the automotive industry is in part due to the lower interest rates on many new vehicles.  According to Gnau and Frolick of the Dayton Daily News, new automotive sales are on pace to reach 12.7 million, numbers the industry has not seen since 2008. 


The improving sales suggest some consumers who have postponed the purchase of new cars and trucks are being lured to showrooms by low interest rates, fully stocked inventories, and the high value of trade-ins, automotive analysts said.”

 

Given the information above, it looks like a great time to invest in the automotive industry.  In order to get the most money out of a used vehicle, it has to look good.  The first thing people notice about a car is its appearance.  Ultragloss is dedicated to Automotive Appearance.

The specialists at Ultragloss are trained to thoroughly examine a car’s exterior and repair the areas that would typically hinder the sale of the vehicle.  They work with local car dealerships, private individuals, and body shops.  For moreinformation about investing in an Ultragloss Franchise, visit our FranchiseWebsite by clicking here.

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