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.
GPC's Alliance Automotive Group has entered into a definitive agreement to acquire the Todd Group, based in Normandy, France.
The post Genuine Parts Co. To Acquire Heavy-Duty Distributor In France appeared first on aftermarketNews.Read More
Approximately 2,000 people will be trained at the RCC every year.
The post BASF Spain Inaugurates Its Renovated Refinish Competence Center appeared first on aftermarketNews.Read More
On Sept. 11, a final vote will designate the winner in each of the seven categories. The official awards ceremony will take place at the EQUIP AUTO gala evening, to be held on Tuesday Oct. 15, in the presence of many leading personalities from the automotive industry and media.
The post 153 Entries, 35 Innovations Shortlisted For International Grands Prix For Automotive Innovation appeared first on aftermarketNews.Read More
Working together with Samsung SDI, Volvo Group aims to accelerate the speed of development and strengthen the long-term capabilities and assets within electromobility, to benefit its customers in different truck segments and markets.
The post Volvo Group, Samsung SDI Enter Strategic Alliance For Electromobility appeared first on aftermarketNews.Read More
McDonell brings more than two decades of marketing experience and a proven track record of building and growing brands to the Advance team.
The post Advance Auto Parts Names Jason McDonell As Chief Marketing Officer appeared first on aftermarketNews.Read More
The Auto Care Caucus, a bipartisan group of U.S. Representatives who support the independent auto care industry, has reached the 30-member milestone – a notable achievement considering the caucus recruited 19 members during the entire 2017-2018 congressional session.Read More
The company has reported record sales of $4.9 billion, up 2.3%.
The post Genuine Parts Co. Reports 2nd Quarter Sales And Earnings appeared first on aftermarketNews.Read More
The company’s common stock will begin trading on the Nasdaq Stock Market (NASDAQ) effective with the opening of trading on July 19. Shares of the company’s common stock will trade under the symbol “XPEL.”Read More
In collaboration with the drag racing legend, Edelbrock created the 676 horsepower Edelbrock/Musi 555 engine.Read More
The automotive interior material market is being driven by the notable rise in the demand for ‘green’ materials to maintain sustainability in the environment. In addition, the increasing demand for connected, autonomous and electric vehicles will spur several manufacturers to create custom innovative interiors based on the consumers’ demand.Read More