Advance Auto Parts Reports Strong Q3, Remains Focused on ‘Cost Control’
Advance Auto Parts reported increases in net sales, gross profit, comparable store sales and other key financial metrics for its third quarter.
Bill Hanvey: Now’s the Time to Support Right to Repair
Hanvey details how “you and your company can take part in the most important battle our industry has ever faced.”
Pent-Up Demand Expected to Buoy US New-Vehicle Sales in Q2
Edmunds is forecasting second-quarter sales of more than 4 million new cars and trucks.
The Inconvenient Truth About Electric Vehicles
The growth forecasts for battery electric vehicles are optimistic considering the limits of current battery technology.
Will Surging Gas Prices Hurt The Aftermarket?
The jolt to miles driven – a key indicator for the aftermarket – remains to be seen.
US Aftermarket Sales Expected To Jump 8.5% In 2022
Sales are expected to hit $356.5 billion this year.
NPD Group Bullish On Retail Aftermarket For 2022
However, the consumer-research firm sees mixed signals on the economic landscape.
Vehicles In Operation Projected To Drop In 2021
In June, IHS Markit released its annual estimate of vehicles in operation and the age of those vehicles.
Aftermarket Auto Parts 2021 Outlook
Even in a pandemic, the parts pipeline is as robust as ever.
CARES Act Fuels Record Quarter For O’Reilly
The second quarter featured “the most dramatic swing in demand our business has ever seen,” CEO Greg Johnson said.