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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Volvo Group Venture Capital Invests In Autotech Ventures
December 2019Autotech Ventures is a venture capital firm located in Silicon Valley managing more than $200 million that focuses on the $3 trillion ground transportation sector.
The post Volvo Group Venture Capital Invests In Autotech Ventures appeared first on aftermarketNews.
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Explore China’s Evolving Aftermarket At AASA’s 2020 Global Summit
December 2019Robert Zhu, CEO and chairman of TrakMotive, will share valuable insights on the evolving business landscape.
The post Explore China’s Evolving Aftermarket At AASA’s 2020 Global Summit appeared first on aftermarketNews.
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Engine Pro Expands To Europe With Addition Of New Shareholder
December 2019Based in the Netherlands, Wilmink Group supplies more than 800,000 engine parts to customers in more than 48 European countries.
The post Engine Pro Expands To Europe With Addition Of New Shareholder appeared first on aftermarketNews.
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Meet With Potential Business Partners On 2020 Auto Care Association Trade Mission To Peru
December 2019The trip serves as a business development opportunity for companies seeking to meet with potential customers and partners and to gain firsthand market information.
The post Meet With Potential Business Partners On 2020 Auto Care Association Trade Mission To Peru appeared first on aftermarketNews.
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Registration Now Open For 2020 Women’s Leadership Conference
December 2019The conference, which takes place Feb. 18-20 in Charlotte, North Carolina, provides attendees with dynamic speakers and workshops and updates on industry trends.
The post Registration Now Open For 2020 Women’s Leadership Conference appeared first on aftermarketNews.
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Fire At Keystone Automotive In Greenville, Michigan, Displaces Employees
December 2019No one was injured in the blaze, which is reported to have started in an office area and spread quickly due to high winds, the article noted.
The post Fire At Keystone Automotive In Greenville, Michigan, Displaces Employees appeared first on aftermarketNews.
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The Network Releases 2020 Auto Service Experts And Parts Plus Car Care Center Programs
December 2019The new year will feature enhanced partnerships with the Automotive Training Institute (ATI), Identifix by Solera Holdings and Openbay.
The post The Network Releases 2020 Auto Service Experts And Parts Plus Car Care Center Programs appeared first on aftermarketNews.
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CVSN Adds 9th Member This Year: Royal Truck & Trailer Sales & Service Inc.
December 2019A member of VIPAR, Royal Truck & Trailer Sales & Service Inc. started in 1970 and has grown to be one of the largest suppliers of new and used semi-trailers, parts and accessories in the Midwest.
The post CVSN Adds 9th Member This Year: Royal Truck & Trailer Sales & Service Inc. appeared first on aftermarketNews.
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BCA Bearings Releases 21 New SKUs To End 2019 Calendar Year
December 2019In total, BCA has released 682 new part numbers in calendar year 2019.
The post BCA Bearings Releases 21 New SKUs To End 2019 Calendar Year appeared first on aftermarketNews.
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New Manufacturer, Distributor Innovation Conference To Take Place At Work Truck Show 2020
December 2019Conference will highlight how technology and best practices drive business success; FastCap LLC President Paul Akers will present keynote address.
The post New Manufacturer, Distributor Innovation Conference To Take Place At Work Truck Show 2020 appeared first on aftermarketNews.
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