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US Automotive Aftermarket Industry Swayed By Lower Retail Pricing, Weather Patterns In 2016, Reports NPD Group

Macro trends, including an increase in miles driven and new car sales, lower-priced gasoline and unpredictable weather patterns, impacted the industry’s annual performance.

The NPD Group Signs Market Information Agreement With Nielsen, Broadening Retail Tracking Coverage Of The Automotive Aftermarket

The market information licensed from Nielsen, which includes sales data from the food, drug and convenience store channels, will complement NPD’s existing automotive business, which covers the mass and automotive specialty channels, allowing NPD to deliver a complete view of the automotive aftermarket industry.

NPD Group: Millennials Are Adding Additives

This year, the millennial generation is expected to surpass the Baby Boomers and become the largest living generation in the United States*. With a projected population of 75.3 million and a reported $200 billion in annual purchasing power, it is necessary for retailers, manufacturers and marketers to understand and pay close attention to the behaviors of this newer, diverse breed of consumers, according to NPD’s David Portalatin.

NPD Group’s Summer Forecast For The Automotive Aftermarket

Miles driven is back to pre-recession levels, according to David Portalatin, executive director, Automotive Aftermarket Industry Analyst for NPD Group.

NPD Group: Consumers Driving More, But Spending $39B Less At The Pump

An interesting phenomenon is happening on the roads today. At the same time that consumers are driving more, they are also spending less at the pump. In spite of the 4 percent increase in gasoline usage, consumer spending at the pump is down $39 billion so far this year. This situation leads to some long overdue market opportunities for the automotive aftermarket, according to NDP Group.

NPD Group Suspends Publication of the Aftermarket Industry Monitor

NPD continues to seek collaboration among retailers for a future modified form of the AAIM.

The NPD Group Looks at Consumer Sales of Portable Media Devices, Traditional Audio Products for Cars

According to NPD, consumers spent more than $170 million in 2011 connecting portable media devices in their cars, but traditional car audio products are still in demand, the market research firm says.

Executive Interview with David Portalatin, Director of Industry Analysis, The NPD Group

In this exclusive interview, Portalatin shares his thoughts on current consumer behaviors as they relate to the motor vehicle industry, and talks about his upcoming presentation at the Global Automotive Aftermarket Symposium, which takes place May 6-7 in Chicago.

Research from The NPD Group Shows Economic Impact on Auto Parts Sales Varies by Market

New research from The NPD Group shows that auto parts sales vary widely from market to market and reflect the economic conditions of a particular geographic area. NPD said it found a correlation between auto parts sales and housing prices in particular regions.

NPD Group’s Car Care Trac Shows Dealerships as Leading Service Outlet Channel in U.S.

With more than 237 million vehicles on the road, there are big bucks at stake in the U.S. automotive service and repair industry. Understanding where consumers take their vehicles for service, and why, is crucial to acquiring a share of the professional service market. According to consumer and retail information company The NPD Group, consumers choose to take their vehicles to their auto dealer for 22 percent of service occasions, making the dealership the leading service outlet channel in the U.S. An analysis of what is driving traffic to the dealer channel reveals some interesting opportunities for other outlets, as well, says NPD.