Data Did You Know: While it remains hard to buy a new car, consumers are spending lots of money on their existing vehicles. According to the Census Bureau, spending at auto parts, accessory and tire stores in June was up 11.1% over June 2021. Some of that increase is due to inflation, but as the chart below shows, sales have stayed consistently higher since the end of the lockdown.
According to the Census Bureau, spending at auto parts, accessory and tire stores in June was up 11.1% over June 2021.
Bruce is the Audience Insights Manager at Babcox Media.
AASA Top Suppliers Spotlight
Schrader TPMS Solutions
Headquarters: Troy, MichiganKey Executive: Russ Stebbins, General Manager, Global Aftermarket Business UnitKey Executive: Dan Baker , Senior Director of Sales, North American TPMS Aftermarket