Aftermarket Insider - October/November 2009 - (Page 25)

positive growth predicted market research Channel Forecast Model Predicts Positive Growth Model predicts positive growth for aftermarket sales with industry growth to increase by 4.5 percent. Created in 2002 by IHS Global Insight, a leader in economic and financial analysis, forecasting and market intelligence, the Channel Forecast Model began as a project by AAIA to estimate the dollar value of light-duty motor vehicle aftermarket sales through census distribution channels. Due to the volume of information collected, it takes the Census Bureau approximately four years to release the data following the reporting year. For 2010, the Channel Forecast Model results based on the 1997 Economic Census Data were released in 2003 and were updated this year to include the 2002 census. • Revises and updates earlier data points for greater accuracy of aftermarket sales at the detailed channel level, • Estimates values of Economic The model includes 42 automotive Census results for those years that aftermarket channels of distribution are not covered by the census, and as set forth by the North American • Forecasts out, through 2010, the Industry Classification System values of the census data. (NAICS). This multi-association project was funded jointly by the three To read more about the Channel largest aftermarket organizations, Forecast Model featured in AAIA’s AAIA, AASA/MEMA and SEMA. 2010 Digital Aftermarket Factbook, or for more information, visit By using both the 1997 and 2002 www.aftermarket.org or call Census data as base years, the model 301-654-6664. accomplishes several things: For 2010, the Channel Forecast Model predicts positive growth for aftermarket sales with industry growth to increase by 4.5 percent. Growth Rate of the U.S. Motor Vehicle Aftermarket 6% 5% 4% 3% 2% 1% 0% 19 97 19 98 19 99 20 00 20 01 AG 200 2 R ('9 702 ) 20 02 20 03 20 04 20 05 20 06 AG 200 7 R ('0 207 ) 20 07 5.2% 5.5% 5.6% 3.9% (Percent Change from Previous Year) 4.5% 5.6% 3.5% 2.1% 2.7% 4.1% 3.3% 3.2% 3.3% 4.5% 2.6% 1.1% 0% 0.2% 20 08 20 09 * 20 C AG 10 * R ('0 710 ) -1% -2% -1.3% AFTERMARKET INSIDER | OCTOBER • NOVEMBER 2009 | 25 http://pwww.aftermarket.org/ProductPull/Publications/75034.aspx

Table of Contents for the Digital Edition of Aftermarket Insider - October/November 2009

Aftermarket Insider - October/November 2009
Contents
President's Message
New Members
You’re Invited...
“Be Car Care Aware” Vehicle Check-Up Events
Industry Events
Member Profile
Technology Update
International Focus
Association News
Market Research
Company Profile
Government Affairs
Industry News
Market Research

Aftermarket Insider - October/November 2009