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.
William Philippin and David Page join the company in these newly created roles.
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The Alliance steps in as Official Auto Parts Supplier to equip shop and teams for the 104th Indianapolis 500.
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Welch is a partner of ValueAct Capital, one of LKQ’s largest stockholders.
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Center for Automotive Research CEO Carla Bailo, and Target EVP, Chief Supply Chain & Logistics Officer, Arthur Valdez Jr. join board of directors.
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The registration deadline has been extended to Aug. 21.
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Educators received a collective total of 5,700 hours of professional development training.
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