Over $7 million in funding will help strengthen educational programs for repair centers and shrink the technician gap.
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Denver was the stage for the third-annual Automotive Services Summit with co-hosts Piper Sandler and Schwartz Advisors for aftermarket M&A outlook.
As inventory levels recover, loyal customers return to their brand of choice after staying out of the market; Toyota, Honda, Lexus lead growth.
More than 211,000 counterfeit auto parts were seized in 2024, almost doubling the number from the previous year; fake airbags increased 10-fold.
Study states that 45% believe the income potential for auto techs can match or exceed that of careers requiring a 4-year degree with lower cost.
The $1 billion Drive Forward Fund will target suppliers and manufacturers with advisory support from MEMA to bring innovation, fuel growth.
Construction for the distribution center in the Dallas-Fort-Worth-Metroplex begins this month and is scheduled to start in 2026.
