Higher odometer readings will be a key factor increasing aftermarket product volume throughout the next 5 years.
Posts published in “National News”
One of the notable shifts includes the integration of Mighty Auto Parts franchises into their operations.
Light vehicle aftermarket parts proliferation continues to build, increasing inventories and logistical burdens on manufacturers, distributors, retailers and installers.
Analysis examines the current state of EV ownership and consideration, the shifting profiles of EV and hybrid buyers, and the key opportunities for the industry.
Since its formation in 2020, CollisionRight’s network has expanded to more than 85 repair centers across nine states.
Investigation reveals the five defendants had staged the crash and filed an insurance claim that could have resulted in a payout of over $30,000.
Although they have maintained a dominant aftermarket product position, replacement parts’ share of light vehicle products fell below 62% in 2023.
