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April 11, 2023
Recent Industry Data Bodes Well for Aftermarket
Market conditions continue to favor the aftermarket: economic conditions present a challenging environment for consumers to purchase a new vehicle, especially with ongoing inflation, rising interest rates, and uncertainty in the market.
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January 10, 2023
Sharpen Your Forecast with Recent VMT Data
Recent Weekly VMT and Monthly Economic and Industry Indicator data are available in TrendLens. The Market View package can be a sound investment for increasing the accuracy of demand / sales forecasting.
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December 15, 2022
EV Adoption Gains Momentum, E-Commerce Continues to Build
As we approach year-end, we highlight trends in electric vehicle adoption and related market conditions, along with e-commerce performance and forecasts for automotive aftermarket parts.
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December 1, 2022
5 Stats You Need to Know About the Technician Shortage
As the majority of post-warranty work is performed in the aftermarket, we have a duty to educate and inform the industry of challenges surrounding the technician shortage and how together, we can overcome this challenge.
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August 10, 2022
TrendLens – New Features and Office Hours Highlights
Commentary on industry performance, recent office hours session with data platform users, and highlights of new data points in TrendLens.
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July 19, 2022
Level up with the 2023 Factbook!
Guide to the 2023 Auto Care Association Factbook. Links to related resources, including the July 13 webinar.
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June 15, 2022
Have We Reached A Turning Point?
Join Mike Chung and Daniel Zenko for a discussion of recent economic data and its implications for the automotive aftermarket. Specifically, we look at shipments of durable goods and how the recent increase (March 2022) bodes well for the economy.
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April 14, 2022
Live Action TrendLens User Sessions – Live from Bethesda!
Has Vehicle Miles Traveled (VMT) been affected by recent fluctuations in the price of gas? Last week we hosted our first “Office Hours” session for TrendLens users.
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January 12, 2022
Auto Care Mailbag – Regional Aspects of Aftermarket
In this issue of Market Insights with Mike, we use now-available regional data in TrendLens to explore how increasing COVID-19 incidence in the South may affect the aftermarket. This was prompted by questions sent in by members. TrendLens is an interactive economic and industry data platform available exclusively to Auto Care Association members. Learn how these new features can inform your company's operations and strategy.
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December 15, 2021
Positive Outlook for 2022 In Spite of Supply Chain and Labor Concerns
In this year-end wrap-up, Mike Chung, director, market intelligence, Auto Care Association, highlights results of the 2022 Auto Care Outlook Study. We look at the top concerns across the automotive aftermarket based on member feedback. While aftermarket leaders are most concerned with supply chain/sourcing and worker recruitment/retention, the industry is overwhelmingly bullish in its outlook for 2022. This is a testament to the strong fundamentals - sustained high demand, an aging car parc - and the resilience and adaptability of the industry.
I'm Mike
Ready to dive into market research? I provide the industry with timely information on key factors and trends influencing the health of the automotive aftermarket and serving as a critical resource by helping businesses throughout the supply chain to make better business decisions.
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