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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Wells Vehicle Electronics Wins Best Of Sensors 2020 Award
November 2020The announcement was made during the Fierce Electronics Sensors Expo Fall 2020 Awards Ceremony on Monday, Nov. 16.
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BBB Awards Lubrication Specialties Torch Award For Ethics
November 2020The company received the 2020 Torch Award for Ethics by the Better Business Bureau (BBB) of Central Ohio.
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Kaeser Expands US Headquarters
November 2020Construction will begin immediately and should be complete by November 2021.
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Ricardo NA President Named To Board For ConnectED
November 2020Marques McCammon joins board to focus on enhancing student science and engineering opportunities in education and employment.
The post Ricardo NA President Named To Board For ConnectED appeared first on aftermarketNews.
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PRT Launches 149 Complete Strut Assemblies
November 2020The new part numbers represent more than 50 million vehicles in new coverage.
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Editor’s Note: AMN On Holiday
November 2020AMN is thankful for our loyal readers and we wish you and yours a safe and enjoyable holiday!
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Philips Unveils New Ultinon Essential LED Fog Lights
November 2020The company says these new lights provide drivers with powerful, stylish upgrade from halogen to LED.
The post Philips Unveils New Ultinon Essential LED Fog Lights appeared first on aftermarketNews.
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Ford Honors Superior at 22nd Annual World Excellence Awards
November 2020Ford’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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CarParts.com’s Lev Peker Named 2020 BIG Exec of the Year
November 2020The auto parts industry disruptor was recognized for exceptional leadership in the firm's turnaround.
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Advance Recognized For Excellence In Corporate Citizenship
November 2020The parts retailer was honored during the U.S. Chamber Foundation’s 21st Annual Citizens Awards.
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