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.
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Smithers Rapra Opens New Product Testing Lab In Suzhou, China
January 2019The new laboratory will be positioned to support the quickly evolving automotive market in China with fluid transfer system expertise. This lab will combine with existing labs in Akron, Ohio; Lansing, Michigan; and Shawbury, England, to support Smithers’ global clients.
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ZF Acquires Automotive Division Of Romanian Engineering Services Provider BeeSpeed In Timisoara
January 2019The new ZF subsidiary BeeSpeed Technical Engineering Center S.R.L. employs more than 100 developers at the polytechnic university in Timisoara, in western Romania. BeeSpeed has been working with the Braking System Business Unit of ZF’s Active Safety Division since 2008.
The post ZF Acquires Automotive Division Of Romanian Engineering Services Provider BeeSpeed In Timisoara appeared first on aftermarketNews.
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Eberspaecher Opens Asia Test Center In Shanghai
January 2019Eberspaecher management and guests celebrated the official opening of the Asia Test Center, which bundles the group’s exhaust technology testing expertise and prototyping operations for customers in Asia.
The post Eberspaecher Opens Asia Test Center In Shanghai appeared first on aftermarketNews.
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PPG Reports Fourth Quarter, Full-Year 2018 Financial Results
January 2019The coatings provider reported fourth quarter net sales of approximately $3.6 billion, up about 2 percent versus prior year in constant currencies.
The post PPG Reports Fourth Quarter, Full-Year 2018 Financial Results appeared first on aftermarketNews.
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BorgWarner Presents BorgWarner Championship Trophies To 2018 Indianapolis 500 Winners Will Power And Roger Penske
January 2019Power's 2018 win marks the 17th BorgWarner Championship Team Owner's Trophy for Team Penske owner Roger Penske, furthering his record-setting Indianapolis 500 win total. Power also is the first Australian driver to receive a Baby Borg.
The post BorgWarner Presents BorgWarner Championship Trophies To 2018 Indianapolis 500 Winners Will Power And Roger Penske appeared first on aftermarketNews.
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OKI Data Americas And SEMA Cares Auction One-Of-A-Kind Race Car To Benefit Richard Petty’s Victory Junction
January 2019Victory Junction is an 84-acre camp dedicated to enriching the lives of children with serious medical conditions.
The post OKI Data Americas And SEMA Cares Auction One-Of-A-Kind Race Car To Benefit Richard Petty’s Victory Junction appeared first on aftermarketNews.
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MAHLE Components Featured On Nine Of Ward’s 10 Best Engines For 2018
January 2019MAHLE components and systems are featured on nine of the 10 engines recently named to the Ward's list of 10 Best Engines for 2018.
The post MAHLE Components Featured On Nine Of Ward’s 10 Best Engines For 2018 appeared first on aftermarketNews.
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Stoneridge And Velociti Announce Strategic Partnership For MirrorEye Installation And Support
January 2019Under this agreement, Stoneridge and Velociti will work together with commercial vehicle fleets to install and support the MirrorEye Camera Monitor System (CMS) developed and manufactured by Stoneridge.
The post Stoneridge And Velociti Announce Strategic Partnership For MirrorEye Installation And Support appeared first on aftermarketNews.
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Sasken Launches Automotive Center Of Excellence In Detroit
January 2019The new center will focus on developing cutting-edge solutions for the next generation of connected vehicles.
The post Sasken Launches Automotive Center Of Excellence In Detroit appeared first on aftermarketNews.
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Michelin Becomes Official Tire Of IMSA
January 2019For the 2019 season, Michelin will support 19 automotive brands competing in different classes of the IMSA WeatherTech SportsCar Championship – compared with five brands last season.
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