Industry Analysis & Industry Trends
Stalling out
The Engine Rebuilding and Remanufacturing industry experienced large jumps in revenue during the recession. When consumers have less disposable income, they are more likely to rebuild or remanufacture an engine instead of buying a new vehicle. However, as the economy has rebounded and disposable income has increased, more consumers are buying new cars. This trend has lowered the average age of the national vehicle fleet, thus leading to less need to rebuild or remanufacture an engine. ... purchase to read more
Industry Report - Industry Analysis Chapter
The Engine Rebuilding and Remanufacturing industry breathes new life into old engines for cars and trucks. Companies in this industry offer rebuild and remanufacturing (R&R) services for automotive engines and engine parts. Remanufacturing is the process of returning a used, worn out engine to as close to new as possible, whereas rebuilding generally describes a process that makes greater use of serviceable parts rather than new ones. Recycling, repairs and restorations are excluded. The industry exhibits a low degree of market share concentration, with most firms operating as small, independent R&R shops in local or regional markets. Demand for R&R services moves largely in line with per capita disposable income and the economic climate surrounding US auto markets. In... purchase to read more