WATCH: The Auto Care Industry Continues To Roar

WATCH: The Auto Care Industry Continues To Roar

The U.S. auto care industry is now worth $381 billion — yes, billion, with a b — and growing every year. How big is that growth? By 2020, it’s expected to be worth just over $421 billion.

Do you think the auto care industry shows signs of slowing? Counter Intelligence is next!

Hi guys. It’s Mark Phillips. Since joining the auto care industry more than a decade ago, I’ve heard many people — in hushed voices because they don’t want to jinx it — say our industry is recession-proof. Well, it’s hard to see how it’s not! After all, the U.S. auto care industry is now worth $381 billion dollars — yes, billion, with a b — and growing every year. How big is that growth? By 2020, it’s expected to be worth just over $421 billion dollars. Woah.

In the Auto Care Association’s latest report, the State of Auto Care, President Bill Hanvey and his colleagues have presented their findings on our incredibly important industry. Average vehicle age is UP!, pegged at 11.7 years old. That means a lot of vehicles that will need your TLC.

Among the topics the State of Auto Care tackles? What concerns people like you and me. At the top of the list, vehicle data and telematics. Trade policy is next on the list. Followed by issues like copyright infringement and finally, health care reform. So, how is the Auto Care Association taking on these issues? By holding, as the report states, more than 700 face-to-face meetings with legislators and policymakers, aimed at keeping our industry’s concerns top-of-mind in Washington, D.C.

But our industry can’t do it all without you! Want to get involved? Visit autocare.org and see how you’d like to advocate for our industry. After all, we need you! I’m Mark Phillips and thanks for watching.

 

You May Also Like

Performance Upgrades for Drivetrains

Whether you’re increasing power or making suspension modifications, drivetrain upgrades will be next in line.

Performance Upgrades for Drivetrains

When it comes to performance, power is one thing, but getting that power to the ground is another. That’s where the drivetrain comes in.

The drivetrain on a vehicle is everything that transmits power to the wheels. In short, it’s everything after the engine.

Schaeffler Publishes 2023 Sustainability Report 

Schaeffler was awarded an “A” score in the climate change category for 2023 by the global non-profit environmental organization CDP for corporate transparency and performance.

Schaeffler Sustainability Report
Introducing ‘Sustainability by Schaeffler’ on Counterman.com

In the weeks and months ahead, stay tuned for more sustainability content from Schaeffler and Counterman.

Schaeffler Sustainability
Jacki Lutz Named Content Director at Auto Care Association

Lutz will be tasked with leading a cross-functional and multimedia content strategy, development and execution across all platforms.

Jacki Lutz Auto Care
Auto Care Association Certified as a Great Place to Work

“This prestigious award is a testament to the association’s commitment to creating an inclusive, supportive and dynamic work environment for its employees,” Auto Care said.

Other Posts

Why Aren’t All Timing-Chain Guides Made of Metal?

To call some timing-chain guides plastic is not accurate.  

Timing Chain Guides
A Closer Look at Torque Converters

As the automatic transmission itself evolved, the standard fluid coupling was replaced by the torque convertor.

Torque Converters
LED Lightbars and Pod Lights for Offroading

LED technology has revolutionized vehicle lighting, especially in offroad applications.

LED Lightbars and Pod Lights
Recommending the Right Brake Pads

These small but mighty parts play a crucial role in stopping your vehicle.

Recommending the Right Brake Pads