The recent recession forced many Americans to hold on to their old cars for longer, driving the average age of American vehicles on the road up to an amazing 11 years. The auto parts business was booming during that time to keep all those old cars on the road. In this video, Motley Fool analyst Austin Smith tells us why, with all the pent-up demand for new cars in the market today and the economic recovery well under way, auto parts is an area he's staying away from in 2013.
You're reading a free article with opinions that may differ from The Motley Fool's Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More
1 Sector to Avoid in 2013
A boom of new cars being sold is great for some industries, and bad for others.
About the Author
A long-term investor looking to own the best businesses available.
Austin Smith owns shares of Ford. The Motley Fool recommends Ford. The Motley Fool owns shares of Ford. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Stocks Mentioned




*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
Related Articles





Premium Investing Services
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.