U.S. Aftermarket Sales Grew to $267 Billion in 2005: AAIA - Tire Review Magazine

U.S. Aftermarket Sales Grew to $267 Billion in 2005: AAIA

(Akron/Tire Review) According to the 2006/2007 Aftermarket Factbook recently published by the Automotive Aftermarket Industry Association (AAIA), U.S. motor vehicle aftermarket sales grew by 5% in 2005, to $267.6 billion, the largest increase since 2000.

The medium and heavy-duty segment expanded 6.2%, to $70.6 billion, while the automotive light vehicle segment increased 4.6%, to $197 billion.

“We’re extremely pleased to see steady growth in aftermarket sales while the new car dealerships’ share continues to slide for the fifth consecutive year,” said Kathleen Schmatz, AAIA president and CEO. “And, contrary to the frequent prediction that DIY is dying, our data shows that the DIY side of the industry grew by a healthy 5.6%.”

The newest version of the Aftermarket Factbook includes statistical tables, charts, analysis and trends in the U.S. and key international markets, including:

• Overall size of the automotive (i.e., light duty) aftermarket
• Overall size of the heavy-duty aftermarket
• Key aftermarket segments (paint and body equipment, tools and equipment, etc.)
• DIY consumer demographics
• Vehicle registrations
• Vehicle sales
• Vehicle usage statistics and operating costs
• Miles driven
• Sales of aftermarket accessories
• Sales of automotive chemicals and fluids
• State summary statistics
• U.S. trade data of motor vehicle parts and accessories
• Information on the Chinese and Canadian aftermarkets
• Key economic and financial indicators
• Guide to aftermarket data resources

AAIA members can purchase the Factbook for $149, non-members for $449. Call 301-654-6664, or order online at www.aftermarket.org. The AAIA says discounts are available for multiple copies.

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