Rising automotive maintenance costs are driving DIY solutions for budget-conscious vehicle owners.
Posts tagged as “diy”
Nearly 50% of consumers indicate they have driven on their tires longer, or for more miles, than they would have in the past in order stretch tire life.
Everything from an oil change to new tires is being put under the budget microscope and offers opportunity for the retail automotive aftermarket.
Shift in growth patterns sparks product-volume changes through the five major distribution channels supplying the light vehicle aftermarket.
Hedges & Company examines types of DIY maintenance performed, how DIYers gather service information and what sources they consider to be reliable.
Domestic nameplates generated nearly $20 billion of DIY product sales at user-price last year, almost 75% of light vehicle DIY volume.
Retail front-room products like paint, spark plugs, tires, wipers, motor oil and other key aftermarket categories will continue to soften into 2023 as spending shifts away from DIY.