Auto Care Insider Volume 111 - 12

10M

'08

'09

'10

'11

'12

'13

'14

'15

'16

32.9% 29.7% 26.2%

'17

EUROPE

ASIA

Sources: IHS Markit; Auto Care Factbook 2019

NORTH
AMERICA

Source: Auto Care Factbook 2019

850
775

80

700
'97

'98

'99

'00

'01

'02

'03

'04

'05

'06

'07

'08

'09

'10

'11

'12

'13

'14

'15

'16

'17

11.7

YEARS

Demand for Technicians (CAGR 1.2%)
85

4.3%

90

Percent Change from Previous Year

4.2%

925

Number of Technicians (CAGR 0.8%)

3.7%

95

Year-Over-Year Growth of the U.S

3.2%

1000

2.8%

100

THOUSANDS OF TECHNICIANS

INDE X OF DEMAND FOR TECHNICIANS

Technician Employment: Number of and Demand for Technicians

Average age of all light vehicles

Source: Auto Care Factbook 2019

U.S. Vehicles in Operation, 2008-2018

Technician
Employment
70%

historically low gasoline
This supports the industry's
prices produced gradually
contention that there is
Domestic
Japanese
German newKorean
Others
improving
vehicle sales
an increasing shortage of
Maintenance and repair
60%
since 2009. However, this
professional technicians. The
technicians keep the
growth streak may be ending
Bureau
of
Labor
Statistics
50%
American fleet rolling and,
as 17.6 million new light
has
projected
automotive
in turn, directly impact
40%
vehicles were registered in
technicians'
employment
nearly everyone in the auto
30%
2017, down 275,000 vehicles
to
grow
6
percent
annually
care industry. Automotive
(1.5 percent) from the
through
2026.
The
increased
technician employment
20%
previous year (see page 60
number
of
vehicles
in
in 2017 totaled more
10%
of the Auto Care Factbook
operation, reflecting
than 896,500 men and
2019 for more details).
continued growth in the
women
at
general
repair
0% Age of Cars and Light Vehicles, 2008-2018
Average
2008
2009
2010
2011
2012
2013 families,
2014
2015
2016
	 There
were a2017
total of 2018
number
of
multi-car
shops, dealerships and
Source: Auto Care Factbook 2019
280.6
million
vehicles
on
will
drive
this
growth.
13gasoline service stations.
the
road
as
of
Jan.
2018,
This was up 0.9 percent
New Light Vehicle
up 0.7 compared to last
from 888,500 in 2016.
11.7 Years
Registrations
Average age of all light
vehicles
year's 276.6 million. Light
	 Despite consolidation
trucks comprised the bulk
Since the 2008 economic
among service-providing
11
of registered vehicles, with
recession that led to
businesses, the demand
light vehicles accounting
Americans holding on
for technicians grew at a
Light Trucks
for 272.3 million units,
to
their
aging
vehicles,
nine-year compounded
Passenger Cars
while medium and heavyAll
Light
Vehicles
demand
for
new
vehicles
annual growth rate (CAGR)
9 of 1.2 percent since 2008,
duty trucks totaled 8.2
has risen. Pent-up demand
2008
2018
million (see page 62 of
for
vehicles,
coupled
while the supply grew at
Sources: IHS Markit; Auto Care Factbook 2019
the Auto Care Factbook
with improving consumer
only a 0.8 percent CAGR
2019 for more details).
confidence in the economy,
during the same period.
	 According to the IHS
low interest rates and
Markit forecast (Auto Care
Factbook 2019, page 11),
Total U.S. New Motor Vehicle Registrations, 2008-2017
the growth in the number
of vehicles on the road
18M
will increase by the end
16M
of 2018 and should reach
294 million units by 2021.
14M
The fact that Americans
continue to keep their cars
12M
longer bodes well for the
auto care industry. The years
10M
following the recession in
'08 '09 '10 '11 '12 '13 '14 '15 '16 '17
Sources: IHS Markit; Auto Care Factbook 2019
2008 saw a rapid rise in the

'12

Census

'13#

'14# '15# '16# '17

average age of vehicles. For
the seventh consecutive
year, the average age for
all light vehicles equaled
or exceeded 11 years,
plateauing at 11.7 years
for two consecutive years
in 2017 and 2018.

# Estimated *Forecast

Hybrid
U.S. Vehicles
in Registrations by State
Operation 2008-2018
(Make and Region)

The American consumer
3.9%
WASHINGTON
continues to demonstrate
a
strong preference for import
name plates. Evidence of
Americans' penchant for
38.7%
ALL OTHER ST
imported vehicles is shown
27.3%
CALIFORNIA
in the vehicle in operation
(VIO) mix chart on the next
page. In 2008, domestic
vehicles comprised 65.4
5
percent of VIO, but by
T
Source: Auto Care Factbook 2019
2018, the number had
declined to 54.1 percent. By
contrast, imported vehicles
on U.S. roads haveGlobal
grownRegistrations by
markedly led by Japanese
name plates over the same
period that the domestic
vehicles were declining in
numbers. Imported vehicles
represented 34.6 percent
of VIO in 2008. In 2018,
slightly more than two in
five vehicles (45.9 percent)
on the road are imported
(see page 64 of the Auto
32.9% 29.7% 2
Care Factbook 2019).
EUROPE
ASIA

1,329,245,67

Source: Auto

INSIDER  |  VOL. 111
12  AUTO CARE
Technician
Employment:
Number of and Demand for Technicians
http://www.autocare.org/factbook19
Table of Contents for the Digital Edition of Auto Care Insider Volume 111
