AAPEX 2019 Service Professionals Summit To Address Consolidation Trends, Opportunities And Challenges

AAPEX 2019 Service Professionals Summit To Address Consolidation Trends, Opportunities And Challenges

The Summit will feature a diverse panel to look at the future of aftermarket consolidation from three distinctly different perspectives.

Every single day, 12 billion miles are driven by consumers in the United States, more than 2.2 million cars are brought in for repair and 158,000 brake jobs are performed.

The opportunities in the U.S. automotive aftermarket continue to be strong. Yet, because of the aging demographic of independent auto repair shop owners, and larger corporations and private equity money looking for market share and bay count, the automotive aftermarket is consolidating. 

AAPEXedu will address this topic during the Service Professionals Summit, “Aftermarket 2030: Consolidation Trends, Opportunities and Challenges for the Independent Service Professional,” from 1:30-3 p.m. on Thursday, Nov. 7 in Mobility Garage, Titian Ballroom at The Venetian in Las Vegas. AAPEX represents the more than $1 trillion global automotive aftermarket industry and will be held Tuesday, Nov. 5 through Nov. 7, at the Sands Expo.

The Summit will feature a diverse panel to look at the future of aftermarket consolidation from three distinctly different perspectives. Panel members are multi-shop owner Greg Bunch, president of Aspen Car Clinic and president of Transformers Institute; Jason Rainey, general manager, NAPA AutoCare and representing the distribution/supplier side of the industry; and Rick Schwartz, co-founder and CEO of Schwartz Advisors LLC, a mergers and acquisition advisor and management consulting firm to the automotive and heavy-duty transportation industry. Carm Capriotto, host of the aftermarket podcast Remarkable Results Radio, will moderate the discussion. 

Topics will include the factors driving consolidation; how consolidation at all levels will impact service professionals; the opportunities for sellers and buyers; what consolidators look for; and the impact of technology on consolidation. 

The Summit is part of AAPEX Service Professionals Day and included in AAPEX registration.

You May Also Like

MAHLE Crowns ‘Choice Of Champions’ Winner At AAPEX

Jesse Yoder, owner of Jess Performance in Shipshewana, Indiana, was the grand-prize winner.

MAHLE Aftermarket Inc. hosted an unforgettable experience for attendees at the AAPEX in Las Vegas, with an action-packed opening day of activity to support the first-ever “MAHLE: The Choice of Champions” technician promotion.

From hosting some of motorsports’ most notable personalities during an exclusive VIP reception, to witnessing “The King”, Richard Petty handing over the keys to a one-of-a-kind vehicle as part of the grand-prize-winner drawing, MAHLE Aftermarket “pulled out all the stops” at this year’s event.

AAPEX Presents Best Booth Awards

AAPEX presented Best in Show awards to American Express and Manufacturas Diversas S.A. de C.V.

James Carville, Karl Rove Provide Insight On Midterm Elections

Carville and Rove kicked off AAPEX 2022 with a timely keynote discussion.

Schaeffler Features Future-Oriented Solutions At AAPEX 2022

Schaeffler will highlight its holistic aftermarket portfolio for customers at every stage of the e-mobility journey.

Auto-Wares Hosts 25th Auto Value/Bumper To Bumper Tech Expo

The 2022 Tech Expo took place at the DeVos Convention Center & Amway Grand Plaza in downtown Grand Rapids.

Other Posts

AAPEX 2022: FCS Automotive Showcases Ride-Control Products

FCS offers more than 1,800 part numbers for complete strut assemblies.

Victor Reinz Reinzosil RTV Silicone Showcased At AAPEX, SEMA

Reinzosil is resistant to mineral oils and synthetic oils, lubricants, gasoline, diesel oil, greases, water and detergents.

Walker Products Announces Manufacturers Rep Of The Year

Bob Dunfield of Hirsig Frazier Co. won the coveted “Rep Belt.”

Parts Authority Honors Top Vendor Partners, Reps For 2022

Highline Warren received the Supplier of the Year Award.