Replacement Rate Data Important to Key Business Decisions, Says IMR - aftermarketNews

Replacement Rate Data Important to Key Business Decisions, Says IMR

IMR's Replacement Rate Data can be combined with Experian Automotive's AutoCount Vehicles in Operation data to help aftermarket companies make better "build or buy" assortment planning and product obsolescence decisions.

WESTMONT, Ill. – Leading automotive research firm IMR Inc. has announced the availability of Replacement Rate Data mapped to ACES (Aftermarket Catalog Enhanced Standards) codes for more than 140 parts and services. The data can be customized by geographic region.

Additional data is available that helps quantify both DIFM and DIY activity for all service events, channel share metrics representing all service outlets (new car dealers, independent repair shops, retailers, etc.) as well as consumer demographics. The data can be integrated with providers of ACES information to offer a robust solution for inventory management, says IMR.

IMR’s Replacement Rate Data can also be combined with Experian Automotive’s AutoCount Vehicles in Operation data to help aftermarket companies make better “build or buy” assortment planning and product obsolescence decisions.

“IMR can help your business with information that will empower you to make smarter, more profitable decisions,” said Bill Thompson, president and CEO of IMR Inc. “In order to do that, you need replacement rate data that is cost-effective and can easily be integrated with other data sources to provide the efficiencies that you’re trying to achieve.”

For more information about IMR’s Replacement Rate Data or for a demo, call 1-800-654-1079 or visit the company’s website at www.AutomotiveResearch.com.

You May Also Like

PHINIA Reports Q1 2024 Results

U.S. GAAP net sales were $863 million, an increase of 3.4% compared with Q1 2023, according to PHINIA.

PHINIA Inc. reported results for the first quarter ended March 31, 2024.

First Quarter Highlights:

U.S. GAAP net sales of $863 million, an increase of 3.4% compared with Q1 2023.

Excluding $17 million of contract manufacturing sales, sales were up slightly compared to Q1 2023. Favorable pricing and currency were partially offset by lower commercial vehicle sales in Europe.

Bendix Making Changes at Indiana Manufacturing Operation

Bendix said it is transforming its distribution center into a state-of-the-art facility and consolidating dampers manufacturing into a single, larger space.

Doleco Announces Facility Expansion in Charlotte

The 33,000-square-foot facility is strategically positioned near major transportation hubs, providing optimal access to raw materials and speeding shipment of finished goods to all U.S. markets.

Standard Motor Products Introduces 268 New Numbers

The release provides new coverage in 75 product categories and 80 part numbers for 2023 and 2024 model-year vehicles, SMP said.

MAHLE Releases 2023 Sustainability Report

MAHLE noted it made significant progress in reducing its CO2 emissions, and increasing the use of renewable electricity.

MAHLE Releases 2023 Sustainability Report

Other Posts

Transtar Industries Continues Rapid Product Line Expansion 

The company is now offering OE recycled engines, in addition to its expansive line of OE recycled transmissions and transfer cases.

ZF Cleans Up Metro Park for Earth Day

ZF said the effort was in line with its dedication to sustainability, zero-waste and circularity.

ZF Cleans up Metro Park
PRT Launches 30 New Complete Strut Assemblies

The new items represent more than 10 million vehicles in new coverage, PRT said.

Motorcar Parts of America’s Selwyn Joffe on Core Values

Sustainability is embedded in every facet of the company’s operations, Joffe affirmed.

Motorcar Parts of America's Selwyn Joffe on Core Values