AASA Holds Virtual Mobility Innovation Conference
The Automotive Aftermarket Suppliers Association and The Mobility Technology Council say they transitioned the annual conference to enable the industry to share insights about the future of mobility technology.
Average Age of Cars, Light Trucks Approaches 12 Years
Research from IHS Markit shows COVID-19 accelerating an already established trend on vehicle age.
Average Age of Cars, Light Trucks in U.S. Rises in 2019, IHS Markit Says
Light vehicles in operation in the U.S. have now reached a record level, according to new research from IHS Markit.
New Report Predicts Road Miles to Spike, Car Sales to Decline
New IHS Markit report: The trend toward fewer vehicles driving more miles reflects a fundamental change in the way people will travel and promises to be a major disruptive force in the market by 2040.
Automotive Telematics Systems Revenues to Reach $6.7 Billion in 2023
The IHS Markit research estimates that more than 33 million light vehicles equipped with some form of telematics were produced in 2016 globally. It is expected that production of such light vehicles will grow at a rate of 11 percent to reach over 66 million units in 2023.
Electric Vehicles to Reach 15-35% of Vehicle Sales by 2040
Electric vehicles currently make up less than 1% of the total global car population. By 2040 this segment could reach up to 15 to 35% of total new vehicle sales globally, according to IHS Markit. The findings are part of a new research project, “Reinventing the Wheel.” “The key question is whether we are approaching
IHS Markit: U.S. Vehicles Getting Older
The average age of cars and light trucks in operation in the U.S. is rising, presenting new service and sales opportunities to the automotive aftermarket, IHS Markit reports. According to industry experts, the average age of these vehicles in operation (VIO) have risen 11.6 years. “Quality of new vehicles continues to be a key driver
Auto Care Association, IHS Markit Hosting Last Webinar in Series
The Auto Care Association and IHS Markit will host their fifth and final webinar of the Industry Analysis Webinar Series, entitled “Commercial Industry Overview from IHS Markit: Inside the Numbers.” Gary Meteer, senior director, commercial solutions, IHS Markit, will present the new webinar on Dec. 7, at 2 p.m. (ET). During the webinar, Meteer will
Auto Care Association, IHS Host Fourth Industry Webinar
The Auto Care Association and IHS Markit are hosting their fourth webinar in the Industry Analysis series – “Five Trends in Five Minutes: Trends Affecting the Aftermarket Environment” – on Nov. 9, at 2 p.m. (ET). Presented by Mark Seng, global aftermarket practice leader for IHS Markit, the webinar will cover the following topics: –
Auto Care Association, IHS Host Third Industry Webinar
The Auto Care Association and IHS Markit will host their third webinar in the Industry Analysis Webinar Series – “Navigating the Waters with an Eye on the Horizon: Implications for the Automotive Aftermarket” – on Sept. 21, at 2 p.m. (EDT). Presented by Mike Wall, director of automotive analysis at IHS Markit, the webinar will