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.
The announcement was made during the Fierce Electronics Sensors Expo Fall 2020 Awards Ceremony on Monday, Nov. 16.
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The company received the 2020 Torch Award for Ethics by the Better Business Bureau (BBB) of Central Ohio.
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The company says these new lights provide drivers with powerful, stylish upgrade from halogen to LED.
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Ford’s World Excellence Awards recognize companies that exceed expectations and achieve the highest levels of excellence in quality, cost, performance and delivery.
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The auto parts industry disruptor was recognized for exceptional leadership in the firm's turnaround.
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The parts retailer was honored during the U.S. Chamber Foundation’s 21st Annual Citizens Awards.
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