NAPA Auto Parts President Dan Askey: We Are Cautiously Optimistic

NAPA Auto Parts President Dan Askey: We Are Cautiously Optimistic

Right now, batteries, rotating electrical, chemicals and wipers are products in high demand, Askey said.

Dan Askey
President
NAPA Auto Parts

What does the new year hold? We’re starting 2018 by getting the lowdown on the automotive aftermarket for the year ahead through the eyes and ears of aftermarket leaders.

Here’s our Q&A with NAPA Auto Parts President Dan Askey.

CM: What’s your gut feeling about the outlook for 2018?

DA: We are cautiously optimistic about 2018, especially with the year beginning with lots of cold weather in many parts of the country. In addition, with the spring thaw, we believe there will be undercar sales opportunities from the rough roads that inevitably follow a harsh winter. Right now, batteries, rotating electrical, chemicals and wipers are products in high demand. We believe that once consumers get their vehicles into the shop, the shop will discover other repair opportunities and more work that may need to be performed.

Statistics from the Auto Care Association consistently indicate that more than $60 billion in un-performed maintenance needs to be done. Today’s vehicles often keep running even if there are problems. Many times, the consumer will only bring the vehicle in for repair when there is near-catastrophic failure — the vehicle just doesn’t run or doesn’t stop any longer.

In addition, the owner today does not go to their repair shop as often as in the past due to the higher quality of the vehicle. However, repairs and the parts are more costly than ever before. Really good inspections, that include testing certain systems and fluids can prevent more costly repairs down the road and keep the customer satisfied and coming back.

Editor’s note: This Q&A is part of the “Crystal Ball 2018” aftermarket forecast that appears in the January 2018 issue of Counterman.

You May Also Like

Lafayette Warehouse Joins Auto-Wares

Mike Brown will lead Lafayette Warehouse as general manager.

Lafayette Warehouse has joined forces with Auto-Wares Group of Companies.

Like Auto-Wares, Lafayette Warehouse, Inc. (LWI) is built on long-lasting relationships with customers, employees and suppliers that have grown their businesses.

Mike Brown will lead Lafayette Warehouse as general manager. Pat James and the current location managers will continue to lead the Lafayette Warehouse location teams going into the future.

Advance Reports 2022 Sales of $11.2 Billion

Fourth-quarter net sales increased 3.2% to $2.5 billion, while comparable-store sales were up 2.1%.

Advance Named Sponsor of Checkered Flag for NTT IndyCar

Advance and IndyCar also will team up on a unique content series viewable on the NTT IndyCar Series social media platforms.

Genuine Parts Co. Reports Record 2022 Sales

Full-year net sales for the Global Automotive Parts group were $13.7 billion, up from $12.5 billion in 2021.

Magna Expanding Operations in Ontario

The growth includes a new facility in Brampton to support the Ford F-150 Lightning and future OEM programs.

Other Posts

Auto Care Needs Sustainability Committee Members

The deadline to apply is Wednesday, March 16.

O’Reilly Reports Record 2022, Q4 Revenue

Comparable-store sales were up 6.4% for the full year.

Florida Republican Introduces Federal Right to Repair Bill

Aftermarket trade groups applauded the legislation.

eBay Launches ‘Guaranteed Fit’ Purchase Protection Program

Shoppers can now look for the green “Fits” compatibility checkmark on select parts and accessories listings.