Category Archives: AUTOMOTIVE AFTERMARKET INDUSTRY

Aftermarket Auto Industry: Where is it Going?

Aftermarket Auto Industry: Where is it Going?

The business of automotive sales and automotive repairs is often seasonal, revolving around major holidays and sales. But what about the aftermarket auto industry? Has it been growing in the past few years, and where will it be going in the future? We’re here to answer the question. Has the automotive aftermarket industry grown? The short answer is yes. But there’s more to it than that. In 2014, the industry grew 2.5 percent, which was just another year of sustained growth since the economy began to recover after the recent recession. As consumers hold on to cars for longer, it has created a sweet spot for services, repairs and aftermarket accessories to keep those cars running well and looking good for a long time. Will the aftermarket industry continue to grow? According to the 2014 Join Channel Forecast Model, the automotive afte ... read more

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