Millennials Are Adding Fuel Additives Because Their Cars Are Old, Says NPD Survey
While Millennials love smartphones and sneakers probably more than any other generation, we can also say the same about fuel additives.
DIY Auto Parts Sales vs. DIFM
An interesting pattern seems to be emerging. Online auto parts shoppers, while currently a relatively small portion of overall auto parts sales at 6 percent of total industry sales, appear to more likely be DIYers.
Kettering University Researchers Working On Next Generation Charger For HELLA
The lab is currently collaborating with HELLA on its Level-2 EV charger. Level-2 EV chargers on the market today have a three-stage design – converting AC grid voltage to 400 VDC, inverting the DC to high frequency AC to feed the transformer and then converting AC back to DC to charge the battery.
Auto Care Association Releases 2015 Digital Tool And Equipment Purchasing Trends Study
The report provides insight into the overall factors influencing tool purchasing decisions, online tool and equipment purchasing experiences, type of tools and equipment planned for future purchases and percent of tools and equipment purchased online.
U.S. Automotive Aftermarket To Grow At An Annual Rate (CAGR) Of 3.6 Percent Through 2018
The 2015 Joint Channel Forecast Model, presented by the Automotive Aftermarket Suppliers Association (AASA) and the Auto Care Association, also predicts that the total aftermarket sales will grow from $246.7 billion in 2014 to $284.3 billion in 2018, an increase of nearly $38 billion over the four-year period.
