press releases

U.S. Aftermarket Sales Reach $297 Billion in 2018, Exceeding Forecasted Growth by Nearly $1 Billion

Posted by Auto Care News on June 26, 2019

Joint Channel Forecast Model Predicts Sales to Total $338 Billion through 2022

 

BETHESDA, Md. and RESEARCH TRIANGLE PARK, N.C. – June 26, 2019 – The U.S. automotive aftermarket reached total sales of $297 billion in 2018, exceeding the projected growth rate by nearly $1 billion, according to the 2019 Joint Channel Forecast Model produced by the Automotive Aftermarket Suppliers Association (AASA) and the Auto Care Association.

Keywords: auto care industry

Auto Care Industry Projected to Reach $405B by 2020 in New Research

Posted by Auto Care News on June 25, 2019

Auto Care Association releases annual flagship publications Auto Care Factbook 2020 and Auto Care Factbook Plus Lang Annual 2020, providing comprehensive research, analysis and trends for the automotive aftermarket


BETHESDA, Md. – June 25, 2019 – The Auto Care Association today released the newest edition of its award-winning and industry-leading online publication, the Auto Care Factbook 2020 and the Auto Care Factbook Plus Lang Annual 2020. The annual research report serves as the industry’s flagship publication and an essential informational resource for the growing $405 billion United States auto care industry.

Keywords: auto care industry

Women in Auto Care Now Accepting 2019 Automotive Communications Awards Submissions

Posted by Auto Care News on May 30, 2019

BETHESDA, Md. – May 30, 2019 – Women in Auto Care, a community of the Auto Care Association, today announced the opening of its 2019 Automotive Communications Awards. The annual awards recognize companies and agencies that provide automotive information to consumers and trade professionals through outstanding advertising, marketing, merchandising and effective PR.

Keywords: auto care industry

Auto Care Association Releases Second Edition of Mexico Aftermarket Industry Report

Posted by Auto Care News on May 21, 2019
BETHESDA, Md. – May 21, 2019 – The Auto Care Association today released the second edition of its research report on the Mexican aftermarket, titled 2019 Mexico Market Report: An Assessment of Mexico’s Light Passenger Vehicle Aftermarket. The report was developed in partnership with the research firm Integrate Data Facts (IDF), and provides a comprehensive look into the size and scope of Mexico’s auto care sector.

Auto Care Association Releases Statement on Temporary Trade Deal between United States, China

Posted by Auto Care News on December 03, 2018

BETHESDA, Md. – December 3, 2018 – The following statement can be attributed to Bill Hanvey, President and CEO of the Auto Care Association:


We are pleased that President Trump and President Xi were able to reach a temporary trade deal during the G20 summit in Buenos Aires to not raise tariffs on $200 billion worth of imports from China. Tariffs inhibit the growth of our industry and make it more expensive for consumers to maintain and repair their vehicles...

Automotive Aftermarket E-tailing Channel Expected to Grow to $28B by 2020

Posted by Auto Care News on November 27, 2018
BETHESDA, Md. – Nov. 27, 2018 – The trend of buying aftermarket products online is increasing at a growth rate of three times more than the total aftermarket (excluding tires and accessories), and the auto care industry must adapt and evolve in order to win on the online superhighway. To help the industry take advantage of this growth, the Auto Care Association has compiled new research in its latest report, Disruptive Trends Shaping the Future of the Auto Care Industry: E-Tailing 2018.
Keywords: auto care industry

Auto Care Association Sponsors 2018 Automotive Resource Guide for U.S. Exporters

Posted by Auto Care News on August 07, 2018
BETHESDA, Md. – August 7, 2018 – The Auto Care Association is proud to serve as a gold sponsor for the newly-released 2018 edition of the Automotive Industry Resource Guide: A Reference for U.S. Exporters. The resource guide, prepared by the U.S. Commercial Service’s Global Auto & Smart Mobility Team, is designed to help U.S. companies identify export markets where U.S. automotive products or services are likely to succeed.
Keywords: auto care industry