Automotive Market Research Council Begins 2004 Light Duty Aftermarket Forecasting Project - aftermarketNews

Automotive Market Research Council Begins 2004 Light Duty Aftermarket Forecasting Project

The Light Duty Aftermarket Committee of the Automotive Market Research Council (AMRC) has begun research for its annual aftermarket product forecasting project. The project gathers market information, both in dollars and units, for 11 different product lines and systems. Each year the light duty aftermarket project establishes demand trends by product line and for the light duty aftermarket overall, including a three-year dollar forecast by product and a review of market issues impacting sales.

LOCATION — The Light Duty Aftermarket Committee of the Automotive Market Research Council (AMRC) has begun research for its annual aftermarket product forecasting project. The project gathers market information, both in dollars and units, for 11 different product lines and systems.

Each year the light duty aftermarket project establishes demand trends by product line and for the light duty aftermarket overall, including a three-year dollar forecast by product and a review of market issues impacting sales. In 2003 the AMRC forecast estimated modest light duty aftermarket growth of one percent to one-and-a-half percent in 2004. The results of this year’s forecasting project, when released at the AMRC’s Fall 2004 national conference, will once again benchmark past projections against actual industry performance.

The AMRC includes nearly 100 of the world’s premier on- and off highway part and vehicle manufacturers. Both AMRC member and non-member companies are invited to participate. Participating non-members will receive a report detailing the specific light duty product lines for which they provide information. AMRC Light Duty Aftermarket Committee members receive a detailed report that includes all product lines.

TLG Research will conduct the data collection, analysis and forecasting for the program, as it has in past years. By using TLG Research, Inc. as the facilitator of the forecast project, the AMRC assures participants that they will remain anonymous and that their information will be kept absolutely confidential.

For more information about the AMRC light duty aftermarket forecast program, or inquiries on how to participate, contact Steve Carini of TLG Research, Inc. at 414.302.1740 or [email protected] [email protected].

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