The trend has four significant consequences for aftermarket product sales, including more heavy repairs and additional replacement cycles for numerous parts.
Posts tagged as “vehicle scrappage”
The reduction in scrappage has significant consequences for four factors shaping the country’s automotive aftermarket. Here's what they are.
Both factors will have several significant consequences including average vehicle age, vehicle age mix, and the number of domestic nameplates on the road.
Impact has consequences for the aftermarket regarding where parts are sold, where vehicles are serviced, and brands used in service and repair.
Low scrappage rates in the U.S. are boosting aftermarket size and changing the mix of aftermarket products and brands used.
