Brick-and-mortar businesses will face headwinds, while parts proliferation provides competitive opportunities for eCommerce in DIY and DIFM markets.
Posts tagged as “diy”
Rising automotive maintenance costs are driving DIY solutions for budget-conscious vehicle owners.
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.
