Recently Driven

Training

Upcoming Editorial Focus

This Month:  New Technology & Design

 

January:  Industry Review & Preview / AAIW & NACE Perspectives

Subscriptions
Online Newsletter
Search Articles
Search Auto-Tech Schools
More Articles...
Associations
 

U.S. automotive aftermarket sales exceed $200 billion
RSS Feed

Research Triangle Park, N.C.--U.S. automotive aftermarket sales totaled $202.5 billion in 2007, according to the new aftermarket channel forecasting model highlighted in the 2008-2009 AASA Automotive Aftermarket Status Report, just published by the Automotive Aftermarket Suppliers Association (AASA).


An entire section of the Status Report is dedicated to the new forecasting model that was developed by Global Insight and jointly commissioned by AASA, the Automotive Aftermarket Industry Association (AAIA), and the Specialty Equipment Market Association (SEMA).


"The forecasting model gives the automotive aftermarket a single point of reference to anchor the various estimates of its size and a road map to the complex structure of the aftermarket channels of distribution," said Steve Handschuh, president and COO of AASA.


In a table published in the Status Report, the new model is used to analyze the automotive aftermarket by channel sales.  For example, general automotive repair shops reported 16.1 percent of total aftermarket sales in 2007.


The forecasting model was developed in 2002 and updated in 2007, said Frank Hampshire, AASA senior director of market research.  "The new model is much more in tune with the changes in the economic and market conditions that have occurred since the development of the original model.  It also includes a method of continuously updating the model to maintain its validity," he said.


Now in its 10th year of publication, Automotive Aftermarket Status Report is designed to serve as the single resource for the information needed for strategic planning, budgeting, new-product launch, and more.


Other valuable features in Status Report this year include:
Emerging markets in China and India
The latest figures on unperformed maintenance
Global vehicle summary
North American aftermarket
An analysis of the do-it-yourself market

 

Additional copies–-print or CD-ROM--of the 2008-2009 AASA Automotive Aftermarket Status Report may be ordered online in the publications section of the AASA Web site, www.aftermarketsuppliers.org.  The member price is $125 and the nonmember price is $500. Please e-mail publications@mema.org for information about volume discounts.

 




Related Articles...
Logan, Utah--The Top Mount soft tonneau from LeBra attaches quickly and securely to truck beds thank...
St. Paul, Minn.--The combination of 3M's HVLP Turbine system and PPS Paint Preparation System Type H...
Newport Beach, Calif.-David Kendziorski said that by paying attention to the environment in their da...


Parts & People is published monthly by Automotive Counseling and Publishing Company, Inc.
Copyright © 2007 Parts and People
Copyright | Terms of Use | Privacy Policy