SEMA Report: Supply Chain Issues to Ease by End of 2022
Among the many highlights of the report, 74% of industry companies expect sales growth in 2022.
Overheard: Habit Changes, Chip Shortages Spur Car Sales
Consumers snapped up new autos at pre-pandemic rates in the first quarter, according to a Bloomberg report.
US Automotive Parts Aftermarket To Grow By $11.16B
In this new report, Technavio highlights the growing availability of automotive aftermarket parts in e-commerce platforms.
Herman Trend Alert: 2021 Workforce-Workplace Forecast Part 2
Part two of a series on workplace trends for 2021.
Herman Trend Alert: Normal 2.0, Part 1
Masks and physical distancing, testing and contact tracing will become the norm.
Parting Thoughts: Tis The Season For ‘Cone Zones’
The forecast for the rest of the summer is orange.
Trends: How Much Value Does Your Business Get From Sponsored Events?
Sponsored event influence on new vehicle purchases has increased 300 percent in the past five years, according to Foresight Research. Could these numbers translate to auto parts and accessories?
AAPEXedu To Highlight Top Automotive Trends, Challenges And Opportunities
The 2018 AAPEXedu program is offering 18 sessions discussing how attendees can position themselves to stay ahead of the curve and grow their businesses.
More Than Half Of Consumers Paid For Major Car Repairs In The Past 5 Years, According To Ally Financial
A 2018 Federal Reserve study also found that when faced with an unexpected $400 emergency expense, 41 percent of adults either could not pay the expense, or would need to borrow money or sell something to cover it.
Survey Finds Half Of Consumers Connect To The Internet In Their Cars
More than half of respondents to the survey own a car that connects to the internet – either direct or via phone, while two-thirds said they would switch to a different entertainment service if that service was readily available in their new vehicle.
Global Demand For Automotive Batteries To Increase 13 Percent Annually Through 2022
The hybrid electric vehicle segment will more than quadruple in size as these vehicles increasingly penetrate global markets, says The Freedonia Group.
US Aftermarket To Grow At Annual Rate Of 3.4 Percent Through 2021
The 2018 Joint Channel Forecast Model predicts that total aftermarket sales will grow from $286 billion in 2017 to $327 billion in 2021, an increase of nearly $41 billion over the four-year period.
