Do you think the auto care industry shows signs of slowing? Counter Intelligence is next!
Hi guys. It’s Mark Phillips. Since joining the auto care industry more than a decade ago, I’ve heard many people — in hushed voices because they don’t want to jinx it — say our industry is recession-proof. Well, it’s hard to see how it’s not! After all, the U.S. auto care industry is now worth $381 billion dollars — yes, billion, with a b — and growing every year. How big is that growth? By 2020, it’s expected to be worth just over $421 billion dollars. Woah.
In the Auto Care Association’s latest report, the State of Auto Care, President Bill Hanvey and his colleagues have presented their findings on our incredibly important industry. Average vehicle age is UP!, pegged at 11.7 years old. That means a lot of vehicles that will need your TLC.
Among the topics the State of Auto Care tackles? What concerns people like you and me. At the top of the list, vehicle data and telematics. Trade policy is next on the list. Followed by issues like copyright infringement and finally, health care reform. So, how is the Auto Care Association taking on these issues? By holding, as the report states, more than 700 face-to-face meetings with legislators and policymakers, aimed at keeping our industry’s concerns top-of-mind in Washington, D.C.
But our industry can’t do it all without you! Want to get involved? Visit autocare.org and see how you’d like to advocate for our industry. After all, we need you! I’m Mark Phillips and thanks for watching.
