The American Automobile Association was the leading automotive service chain in the United States in 2020, with over 7,000 workshops spread across the country. It was followed closely by NAPA AutoCare, which recorded more than 6,000 service provider outlets.

On average, AAA says unexpected issues cost $500 to $600 to resolve,³ but prices can reach $10,000 or more for major repairs, such as replacing an engine. If you drive a newer model, your warranty or maintenance plan may cover car repair and maintenance costs.

The market size, measured by revenue, of the Auto Mechanics industry was $81.7bn in 2023. What was the growth rate of the Auto Mechanics industry in the US in 2023? The market size of the Auto Mechanics industry increased 1.7% in 2023.

Additionally, because of Covid, the average age of vehicles on the road has increased, leading to a higher demand for maintenance and repair services. And finally, in a recession, people buy fewer new cars and instead repair their current cars, thus making auto repair a good example of a recession proof business.