Aftermarket Insider Issue 82 - (Page 4)

12 Aftermarket Digital Factbook 2014: Automotive Aftermarket Industry Growth Compared to GDP Forecast 5% $4.0 $3.5 % change 4% $3.0 Industry Yr./Yr %Chg $2.5 3% $2.0 GDP Yr./Yr % Chg 2% 1% 5% % change $3.5 Industry Yr./Yr %Chg 2013 2014 2015 2016 $0.5 $3.0 Industry 5-yr CAGR: 3.4% 4% 2011 3% 2012 $0.0 $2.5 $2.0 GDP Yr./Yr % Chg 2% $1.5 $1.22 $1.0 1% GDP 5-yr CAGR: 2.7% 0% $1.0 $4.0 GDP 5-yr CAGR: 2.7% 0% Gasoline $1.5 (Price Per Automotive Aftermarket Industry Growth Compared to GDP Forecast 2011 2012 $0.5 Industry 5-yr CAGR: 3.4% 2013 2014 2015 $0.0 2016 1980 Years Years % change The Automotive Aftermarket Industry • AnIndustry Growth Forecast Age of Cars andU. S. Trade Data • A new Light Trucks in Note: Price rep Gasoline Prices, 1980-2012Use, Automotive Aftermarket extended Industry Average Source: U.S. D http://www.eia Association (AAIA) just released GDP Forecast through 2016 by IHS Global Insight; (Price Per by Country; and table Gallon) Compared to 1999-2013 its flagship online 5% publications, 12 Retail • An updated Program and $4.0 • A new summary of the Chinese 3.25 the Digital Aftermarket Factbook Distribution Summary by Advanstar; Age of Cars and Light Trucks in Use, Automotive Aftermarket $3.5 Annual Average 2014 and the Digital Aftermarket 4% (Trillions 1999-2013 by Technomic Asia. Industry Yr./Yr Map 11 2.75 Factbook & Lang Annual 2014. This • A new Channel%Chg including 12 $3.0 3.25 $2.5 “AAIA makes every effort to exceed e-commerce and e-tailing 3% year’s market intelligence resources by Ducker Worldwide; $2.0 our members’ expectations in all$1.52 2.75 2.25 10 GDP Yr./Yr % Chg feature new and enhanced content. 11 2% areas, especially with these flagship $1.22 $1.5 $1.22 • An expanded M & A section Light Trucks 10 2.25 New value-added content highlights $1.0 market intelligence publications,” said 9 by BB&T Capital Markets; 1.75 Passenger Cars 1% Kathleen Schmatz, AAIA president in this year’s edition include: CAGR: 2.7% Light Trucks $0.5 All Light Vehicles GDP 5-yr Industry “State of the 1.75 1.55 • A new 5-yr CAGR: 3.4% Industry” 9 Passenger Cars and CEO. “We continue to evolve 0% $0.0 • U.S. Economic update All Light Vehicles 8 1.25 summary from Babcox Media; our to our 2011 2015 2016 1980 Factbook in response 2013 2000 1.25 1990 2012 2013 2014 8 1999 by Dr. Timothy Nash, members’ needs, and strive to stay at 1978 • Updated vehicle registration 1999 2013 Note: Price represents the average price per gallon of gasoline, all grades, in current dollar Northwood University; the forefront Energy / Energy Information trends Source: U.S. Department ofof key industry Administration (EIA) Note: Historica tables and graphics by Polk; Sources: AAIA http://www.eia.gov/dnav/pet/PET_PRI_GND_DCUS_NUS_A.htm and information. In addition to the Age Mix of Vehicles in Year Range Categories Annual Miles Driven Age Mix of Vehicles in Year Range Categories (Trillions of Miles) Average Age of Cars and Light Trucks in Use, 1999-2013 12 100% 100% 80% 80% 11 Years Among the positive market drivers is the oldest-ever average vehicle age of 11.3 years, and the overall age mix of vehicles (p. 61) which continues to favor older vehicles. 60% 60% 10 40% 9 Apr-12 8 1999 Light Trucks Passenger Cars 20% All Light Vehicles May-12 3.25 2.75 40% 20% 0% 8 5-Yr. CAGR 0-5 yrs: -6.5% 6-10 yrs: -1.3% 5-Yr. CAGR 11+ yrs: 3.9% 2.42 Total 0-5 yrs: VIO: -0.2% -6.5% 6-10 yrs: 11+ yrs: Total VIO: 2.25 -1.3% 3.9% -0.2% 6 4 2 2006 2007 2008 2009 2010 2011 2012 2013 1.75 1.55 VIO (11+ yrs) Jun-12 VIO (6 to 10 yrs) VIO (0 to 5 yrs) Jul-12 Only includes 1961 year models and newer. Early 2012 year models excluded. 1.25 0% Source: Average1978 age calculated from R. L. Polk & Co.'s NVPP® database as of January 1, 2013. 1995 2013 © 2013, L. Polk & Reproduction in whole 2011 2006 2007 R.2008 Co.2009 2010 or in part is prohibited without2013permission of 2012 written R. L. Polk & Co., 248-728-7000, www.polk.com. VIO (11+ yrs) 4 | AFTERMARKET INSIDER | VOLUME 82 Note: Historical data have been revised VIO (6 to Department of Transportation /5 yrs) Highway Administration, Dece VIO (0 to Federal Sources: AAIA, U.S.10 yrs) Only includes 1961 year models and newer. Early 2012 year models excluded. 8 Source: Average age calculated from R. L. Polk & Co.'s NVPP® database as of January 1, 2013. © 2013, R. L. Polk & Co. Reproduction in whole or in part is prohibited without written permission of 6 http://www.aftermarket.org/ProductPull/Publications.aspx

Table of Contents for the Digital Edition of Aftermarket Insider Issue 82

Aftermarket Insider Issue 82
Contents
President’s Message
Segment News
Essential Information
Company Profile
Government Affairs
Member Profile
Toolbox
Inside Technology
Software Piracy in the Aftermarket
Head of the Class
Market Intelligence

Aftermarket Insider Issue 82