M&A heats up in the automotive aftermarket [Auto Aftermarket RoundUp]
June 23, 2025

LAS VEGAS – June 23, 2025 – Good news! We are revitalizing this blog as part of our overall effort to champion the automotive aftermarket.
Every month, we will be publishing a few short posts that curate news and data that we think merits highlighting.
Here is the inaugural edition.
1. M&A heats up in the automotive aftermarket
“Q1 2025 saw a notable increase in North American automotive aftermarket M&A activity, with 29 total transactions—the highest in the past eight quarters. While major platform acquisitions remained largely absent, bolt-on deals targeting existing platforms drove most of the activity. The quarter continued to focus on collision repair, components suppliers, and technology-enabled platforms, which collectively accounted for most of the transactions.”
More: Automotive aftermarket Q1 2025 Update via Greenwhich Capital Group
2. Global automotive wheels market growing at 4.9% CAGR
“According to DataIntelo, the global automotive wheels aftermarket market size reached USD 10.3 billion in 2023. Projections show it will hit USD 15.8 billion by 2032, growing at a 4.9% CAGR from 2024 to 2032. The automotive wheels aftermarket thrives on rising demand for customization, lightweight materials and a growing global vehicle fleet.”
More: Automotive Wheels Aftermarket: Growth & Trends 2024–2032 via Emma Henderson of aftermarketNews
3. Analysts predict AutoZone stock price to move higher
“Bank of America analysts gave AutoZone shares a price target of $4,800—about 17% above the average among analysts polled by Visible Alpha.”
Why?
“We think consumers will be more willing to pay the extra cost to fix their existing vehicles than purchasing new vehicles, especially when the auto tariffs could mean a $3,285 increase on average for US-assembled vehicles and higher for imported vehicles.”
More: AutoZone Stock Upgraded by BofA Ahead of Next Week’s Earnings Release via Sarina Trangle of Investopedia
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