Chesterfield Auto Parts has landed on the cover of American Recycler Magazine’s July issue. The article consists of an interview with our President Troy Webber discussing some of the biggest issues facing modern automotive recyclers. The biggest factor is market volatility due to the constantly fluctuating prices of scrap. When scrap prices are high, profit margins per car are higher, but obtaining cars for new junkyard inventory becomes increasingly difficult. Conversely, when scrap prices go down profit margins decrease, but acquiring new cars for junkyard inventory becomes easier.
The article goes on to discuss other issues the industry faces. The first of which is catalytic converters. Being the most valuable part on almost every car, this sometimes makes auto recyclers a target for thieves. Methodically removing catalytic converters and storing them in a safe place becomes a very important part of the operation. Another modern issue recyclers face is the