Industry News
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 307.7 billion dollars in sales. Additionally, this industry employs over 4.1 million people, more than 800,000 of which are technicians.
-
Overheard: Dealerships Turning To Gamification To Boost Sales
July 2021Last year, nearly 30% of U.S. new car sales were completed online.
The post Overheard: Dealerships Turning To Gamification To Boost Sales appeared first on aftermarketNews.
Read More -
Leading In The New Normal
July 2021In the history of the automotive aftermarket, there has never been a greater demand for optimism and empathy.
The post Leading In The New Normal appeared first on aftermarketNews.
Read More -
Top 5 Stories Of The Week
July 2021A recap of the top five stories on aftermarketNews during the week of July 19.
The post Top 5 Stories Of The Week appeared first on aftermarketNews.
Read More -
People On the Move: Week Of July 19
July 2021A look back at personnel changes of the past week.
The post People On the Move: Week Of July 19 appeared first on aftermarketNews.
Read More -
Market Insights: Use Weekly VMT To Predict Retail Impact
July 2021Relative to previous years, VMT for the two-week period around July 4, 2021, was higher than for the same time period in 2019 and 2020.
The post Market Insights: Use Weekly VMT To Predict Retail Impact appeared first on aftermarketNews.
Read More -
AsTech Awarded Patent For Industry-Disrupting Technology
July 2021The patented system uses remote automotive diagnostics to help ASE techs determine proper tooling and diagnosis.
The post AsTech Awarded Patent For Industry-Disrupting Technology appeared first on aftermarketNews.
Read More -
ZF Secures Nearly $6B Axle Contract At Michigan Facility
July 2021The contract calls for ZF to supply beam axles and axle drives for pick-up trucks until 2027, bringing with it 800 U.S. jobs.
The post ZF Secures Nearly $6B Axle Contract At Michigan Facility appeared first on aftermarketNews.
Read More -
BBB Industries Releases Remy Smart Charging Systems Guide
July 2021The guide is designed to help professional technicians and DIYers properly diagnose and repair vehicles.
The post BBB Industries Releases Remy Smart Charging Systems Guide appeared first on aftermarketNews.
Read More -
Tenneco Explores Synthetic Fuels For Climate-Neutral Mobility
July 2021Fast-to-market solution leverages existing engine, fuel distribution and filling station infrastructure.
The post Tenneco Explores Synthetic Fuels For Climate-Neutral Mobility appeared first on aftermarketNews.
Read More -
Magna To Acquire Veoneer
July 2021Acquisition will position Magna's ADAS business as a global leader in a fast-growing industry.
The post Magna To Acquire Veoneer appeared first on aftermarketNews.
Read More