AAIA Factbook 2010 - (Page 76)

glossary of afTerMarkeT TerMs Abrasives: Substances used to wear away a surface by friction. Accessories: Comfort, convenience and safety products not essential to the performance of a vehicle such as audio, security products, floor mats and seat covers. Additives: Chemicals that are added to the engine, cooling system, air conditioning system or transmission to maintain or enhance performance. Aftermarket Distribution Segment: Companies that provide repair and maintenance products for passenger cars and light trucks. Appearance Products: Chemicals and accessories that enhance the appearance of a vehicle, such as waxes, polishes, protectants and upholstery cleaners. Auto Electric Segment: Businesses specializing in electrical and lighting products for commercial vehicles. Auto Parts Stores: Establishments where automotive products comprise more than 50 percent of total inventory and where retail sales comprise more than 50 percent of total sales. Automotive Aftermarket: The maintenance, repair, parts, accessories, chemicals and fluids for vehicles after their original sale. This term often refers only to the aftermarket for cars and light trucks. Body Shops: Firms whose primary activity is motor vehicle collision repair. Buying Group: A group of businesses that buy together in large quantities to get discounted prices. CAFE: Corporate Average Fuel Economy. These standards set requirements on automakers for improving the average fuel economy for new light-duty vehicles. Captive Jobbers: Jobbers that are owned, in part or in full, by their primary supply warehouse. Car Dealers: Establishments that primarily sell new or used automobiles. They usually have a service and parts department either on premises or at another location. Carrier: A person, partnership or corporation engaged in the business of transporting goods. Category Management: A business discipline where vendors and retailers work together in the management of product categories in order to streamline operations and increase sales. 76 2 0 1 0 d i g i t a l a f t e r ma rk et f a ctb o o k c op y r i g h t © 2 0 0 9 a uto mo ti ve a f terma rk et i ndustry associat ion Chain Stores: Retail establishments, which are part of an organization operating four or more similar types of stores. Convenience Stores: Compact, self-service retail stores that are open long hours and carry a limited line of brands and sizes, possibly including gasoline. Examples include 7-Eleven and Circle K. Core: The rebuildable portion of automotive components, such as starters, alternators and carburetors. Counterman: Sales person at a retail or jobber outlet responsible for looking up parts and handling customer needs. Department Stores: Large mass merchandise retail stores, which carry a wide variety of products. Many department stores include automotive service departments. Examples include Sears, JC Penney, Macy’s and Bloomingdale’s. DIFM: Do-It-For-Me. Refers to when consumers use professionals to perform the maintenance and repair work needed on their vehicles. DIY: Do-It-Yourself. Refers to when consumers perform the maintenance and repair work needed on their vehicles. Discount Stores: Retail establishments that meet the requirements of a department store, but have lower cost structures and typically sell at lower prices than conventional department stores. Distribution Centers (DC): Firms with products distributed primarily to other distributors, most of which are either of common ownership with the DC or substantially related to the DC in the distribution channel. Drug Stores: Establishments that primarily sell pharmaceutical and other health care products. Many sell a limited or intermediate line of automotive products. Examples include CVS, Walgreens and Eckerd. Fleet Shops: Vehicle service shops owned by a company not principally engaged in the business of vehicle service but which operate shops for the primary purpose of maintaining their own vehicle fleet. FOB: Free on Board. Term designating that the purchaser pays freight from the time the shipment is placed aboard a truck or train. Legal title for the goods passed to the buyer at this time and location. General Repair Garages: Establishments engaged in automotive repair that do not specialize in one facet of repair, such as transmissions or exhausts.

Table of Contents for the Digital Edition of AAIA Factbook 2010

AAIA Factbook 2010
Contents
Economic and Financial Indicators
Key Economic Indicators
Aftermarket Employment
Technician Employment and Wages
Aftermarket Mergers and Acquisitions
Financial Profiles of Selected Aftermarket Companies
U S Motor Vehicle Aftermarket
Channel Forecast Model
Census Review and Forecast Assumptions
U.S. Motor Vehicle Aftermarket
Size of the Automotive Aftermarket
Aftermarket Sales by Distribution Channel
Aftermarket Service and Retail Channels
Program Distribution Summary
Automotive Aftermarket
Consumer Profile
Sales of Replacement Tires
Replacement Rates for Motor Vehicle Parts and Jobs
Accessories
Aftermarket Accessories
Chemicals and Fluids
Automotive Chemicals and Fluids
Aftermarket Segments
Medium and Heavy Duty Truck Aftermarket
Paint, Body and Equipment Aftermarket
Tool and Equipment Aftermarket
Vehicle Sales, Usage and Registrations
U.S. Motor Vehicle Sales
Top 10 Light Vehicle Sales
U.S. Motor Vehicle Population
Hybrid Vehicles
Vehicle Operating Costs
Gasoline Affordability and Vehicle Miles Traveled
State Summary Statistics
State Summary Statistics
Global Aftermarket
Global Economic and Automotive Data
Global Vehicle Registrations
Canadian Aftermarket
Mexican Aftermarket
Chinese Aftermarket
Glossary and Reference
Glossary of Aftermarket Terms
NAICS Definitions
Aftermarket Data Resources
Aftermarket Data Resources
AAIA Market Research
AAIA Market Research
AAIA – Lang Market Comparison
Harmonization of Aftermarket Industry Data

AAIA Factbook 2010