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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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CAWA Will Install Officers for the 2011 Year
Thu, 29 Jul 2010 10:11:39 GMT
Installation will take place at annual meeting to kick of Industry Week in Las Vegas.
Tenneco Reports Second Quarter Financial Results
Thu, 29 Jul 2010 10:11:07 GMT
OE revenue up 44 percent; global aftermarket revenue up 12 percent year-over-year.
ArvinMeritor Launches New Public Website
Thu, 29 Jul 2010 10:10:34 GMT
The new site is equipped with an advanced search engine, intuitive navigation and a wealth of information about the history and vision of the company.
House Judiciary Committee Looks at Competition and Antitrust
Thu, 29 Jul 2010 10:09:34 GMT
Automotive Service Association supports repeal of the McCarran-Ferguson Act for all insurers, including property and casualty insurers.
Dana Holding Corp. Reports Strong Second Quarter Results
Thu, 29 Jul 2010 10:07:33 GMT
Second-quarter adjusted EBITDA was $154 million, a substantial improvement over the $94 million reported for the same period in 2009.
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