Did You Know: Industry Scholarships
In 2020, the University of the Aftermarket Foundation provided 461 scholarships to students across the country.
Overheard: Gas Prices Hit 2014 Levels
The average price of a gallon of gasoline in the U.S. hit $3.16 last week.
Overheard: Dealership Parts Sales Go Down
In 2020 new car dealerships’ total service and parts sales were $111.22 billion.
Overheard: Dealerships Turning To Gamification To Boost Sales
Last year, nearly 30% of U.S. new car sales were completed online.
Overheard: Vehicle Miles Traveled Catching Up
It’s still not a full recovery, but it’s looking positive.
Overheard: Repair Orders and Parts Sales In 2020
One went up and one went down slightly in 2020. Do you know which?
Overheard: Light Truck Sales Increasing
The light-truck share was 76.4% in 2020. By comparison, in 2010 the share was only 51.2%.
Overheard: What Jobs Numbers Tell Us About The Recession
In April there were 9.2 million job openings in the United States, which is a record.
Overheard: Used Vehicle Values Increase
The wholesale price of used vehicles increased 8.3% in April 2021.
Overheard: 83% Of Shops Stepped Up Sanitation Measures
In the survey, 8% of respondents said these measures have had a major effect on profitability.
Overheard: Retail Parts Sales Are Up
Retail sales at auto parts, accessories, and tire stores were up 7.8% over February 2020 sales.
Overheard: The World’s Top 3 Most Instagrammed Road Trips
The U.S. takes the lead for two of the top three.