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Economic Factors Affecting B2B/B2C Channels in the Aftermarket

We unravel the impact of elements influencing the aftermarket to provide insights and strategies for businesses to thrive.

Economic factors auto afterarket
Auto Care, MEMA Aftermarket Release 2023 Joint EV Report

The report shows that BEV sales are projected to account for 9% of total US light vehicles sales in 2023.

Joint EV Trends Forecast 2023 Auto Care MEMA
Report: Specialty Auto Aftermarket Adds $335B to US Economy

SEMA has released its first economic impact report, showcasing the impact of the specialty equipment automotive aftermarket.

Survey: Majority of Consumers Trust ADAS and Expect More

ADAS features are projected to reach $191 billion globally by 2030.

J.D. Power: BEV Owners Experience More Vehicle Problems

The study found that owners’ experience with BEV advanced technology is more problematic than with ICE vehicles.

AAA: The Lifesaving Potential of Driving Assistance Tech

AAA forecasts that 37 million crashes could be prevented over the next 30 years with ADAS.

S&P Global Mobility Report: Aftermarket May See Boom

The share of vehicles more than eight years old will increase, the report says, signaling increased aftermarket business.

57% of All Diesel Trucks on Roads Are Near-Zero Emissions

New near-zero emission diesel trucks on the road increased 10.2% from 2021 to 2022, according to the Diesel Trucking Forum.

Digital Influence on Auto Parts to Reach $200B by 2026

The impact of digital media on retail sales will be $177 billion in 2023 in the US, according to Hedges & Co.

Consumers in Canada Sour on EVs, J.D. Power Finds

More than 60% of respondents said they’re unlikely to consider an EV for their next car.

Edmunds: Pent-Up Demand to Prop Up New Car Sales in Q2

Edmunds forecasts that more than 4 million new cars and trucks will be sold in the U.S. in Q2 2023.

SEMA: Specialty-Equipment Market Sees $51B in Sales in 2022

Pickup accessorization remains the biggest segment for the industry, topping $15 billion in sales, the study found.

2023 SEMA market report