In an opinion piece published by Ward’s Auto, Bill Hanvey, CEO, Auto Care Association, says a key to solving the auto technician shortage is to change the perception of the job, compensation and career prospects.

The Joint EV Trends and Outlook Forecast released at AAPEX 2022 reports that battery electric vehicles (BEVs) accounted for 6% of new vehicle registrations in 2022 and are forecast to reach 56% of vehicles sold in 2035 and 81% in 2045. This would translate to 19% of the U.S. car parc being BEVs or plug-in hybrid electric vehicles (PHEVs) in 2035 and 42% in 2040. 

MEMA Aftermarket Suppliers and the Auto Care Association are committed to a more sustainable future, and as the co-owners of AAPEX, they are leading new initiatives at this year’s event that will reduce its environmental impact.

The AAPEX Webinar Series will present, “Reducing Risk & Cost in the Global Supply Chain: Top 5 Strategies.”

Automotive Aftermarket Expected to Grow 8.1% in 2023 September 7, 2023 The Automotive Aftermarket Industry Analysis 2023 is an annual snapshot of the industry with global and U.S. data and sta…

The automotive aftermarket grew 9.7% in 2022, outperforming expectations (previously forecast at 8.5%). With high inflation persisting, the industry is expected to grow an additional 8.1% in 2023. The auto care industry continues to show its reliability and ability to adapt across the service and retail sectors, continually adjusting to meet demand in an ever-dynamic market.

In an increasingly connected world, trade between the United States and China has significantly transformed both nations’ economies into a complex and multifaceted partnership. It has been marked by periods of cooperation, growth, tension and contention. While opportunities and challenges continue to shape this critical economic alliance, both countries continue to navigate their role on the global stage.

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.

July is Right to Repair Awareness month! In the short video, Rep. Marie Gluesenkamp Perez, an original cosponsor of the REPAIR Act (H.R. 906) and a former co-owner of an auto repair and machine shop before coming to Congress, sums up why the REPAIR Act is so important for shops and consumers.

The automotive aftermarket industry is experiencing a greater awareness of the nuances of sustainability as the world faces the growing need to address environmental challenges. Embracing and publicizing eco-friendly practices and reducing the ecological footprint has become an expanding focus for businesses within the industry.