UCX Calipers is one of the first 14 remanufacturers to be approved for participation in the Manufactured Again certification program.
Total aftermarket sales will grow from $277.1 billion in 2016 to $316.4 billion in 2020, an increase of nearly $39.3 billion over the four-year period, the “2017 Joint Channel Forecast Model” also predicts.
This new shopping paradigm is here to stay, forcing distributors and retailers to transform their supply chains to effectively satisfy complex shopping behaviors.
According to Bosch accident research, lane keeping support can prevent up to 28 percent of accidents resulting in injury that are caused by drivers accidentally leaving their lanes.
Mobile usage and importance of physical store locations both increase, UPS says.
While Millennials love smartphones and sneakers probably more than any other generation, we can also say the same about fuel additives.
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.
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.
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.
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.