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The automotive aftermarket or motor vehicle aftermarket is a critical segment of the U.S. economy.
Distribution channels include original equipment, original equipment service, traditional automotive, programmed distribution, large retailers, and the non-traditional markets.
This industry includes all products and services purchased for light and heavy duty vehicles after the original sale. This includes replacement parts for under hood and undercar, engine management, temperature controls, accessories, lubricants and appearance products. This also covers service repairs and the tools and equipment necessary to make the repair.
The Automotive Aftermarket total revenue exceeds 200 billion dollars in sales, yielding a median annual growth rate of approximately 4%. Additionally, this industry employs approximately 4.5 million people, more than 800,000 of which are technicians.
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PartsChannel Expands Into Phoenix Market
Fri, 03 Feb 2012 11:57:22 GMT
The acquisition enables PartsChannel to expand its distribution network in the Western United States, according to CEO John Palumbo.
American Axle & Manufacturing Reports Fourth Quarter and Full Year 2011 Financial Results
Fri, 03 Feb 2012 11:51:29 GMT
Full-year non-GM sales increase by 25 percent on a year-over-year basis.
Modine Reports Third Quarter Results
Fri, 03 Feb 2012 11:50:56 GMT
Company reports third quarter 2012 operating income of $16.2 million and diluted earnings per share of 18 cents.
Trelleborg, Freudenberg Sign Final Agreements for Global Antivibration Solutions Business
Fri, 03 Feb 2012 11:49:46 GMT
The new joint venture will comprise Trelleborg Automotive's operations in antivibration solutions and Freudenberg's corresponding activities, Vibraco...
Navistar Equips Service Bay Techs with Rugged Toughbook Computers
Fri, 03 Feb 2012 11:48:45 GMT
Through Navistar's EZ-Tech program, the truck maker deployed more than 3,500 Toughbook mobile computers in Navistar dealer service bays.
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