Rumored declines in automobile-industry revenues are exaggerated
It is true that automobile manufacturers' share of the industry' s revenues fell from 65 percent two years ago to 50 percent today, but over the same period suppliers of automobile parts had their share increase from 15 percent to 20 percent and service companies (for example, distributors, dealers, and repairers) had their share increase from 20 percent to 30 percent
Manufacturers and parts companies depend for their revenue on dealers' success in selling cars.