Blog Tag: “consumer confidence”

  • Solid Fundamentals Versus Economic Uncertainty

    If it were up to the fundamentals of the aftermarket, we would enjoy strong parts sales for the rest of the year and would only need inflation for a little extra boost. As it is, though, the fundamentals – the number of vehicles, their average age, and the miles they travel – are battling economic conditions to control near-term sales. READ MORE  
  • Why the Automotive Aftermarket is Bouncing Back Already

    The U.S. automotive aftermarket had its ups and downs last year, but 2021 is once again proving that the aftermarket is resilient. Aftermarket suppliers report that the first quarter had strong sales and are optimistic about the rest of the year. AASA believes that economic conditions and the fundamental drivers of the aftermarket will support the market throughout 2021, though risks are present (and not just from the pandemic). READ MORE