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

O’Reilly Names Mevotech Supplier of the Year

“We are honored to receive this prestigious award from O’Reilly,” said Todd Hack, Mevotech EVP sales and marketing.

O’Reilly Auto Parts recently named Mevotech its Supplier of the Year.

“We are honored to receive this prestigious award from O’Reilly,” said Todd Hack, Mevotech’s EVP sales and marketing. “The entire Mevotech team contributed to winning this award, and we’re looking forward to continued success with the launch of more innovative precision chassis and control arms products, backed by the solid training and field support we are known for.”

MEMA Names John Chalifoux Chief Sustainability Officer

He also will serve as chief operating officer of the MEMA Aftermarket Suppliers membership group.

Advance Launches ‘Diehards Choose DieHard’ Campaign

The campaign features former Marine sergeant and world-renowned climber Kirstie Ennis.

MEMA Establishes Center for Sustainability

The mission of the new Sustainability Center is to serve MEMA members wherever they are in their sustainability journey.

MEMA Names Jackson Executive Director of Strategy and Research

He most recently was executive director of strategy and research for MEMA’s light-duty original equipment division. 

Other Posts

Recommending OE-Quality Ball Joints and Tie-Rod Ends

Today’s state-of-the-art high-performance tie rods and ball joints put original-equipment quality into the aftermarket’s hands.

Recommending Replacement Timing Belts

In the end, the belt or kit that you recommend should come down to trust and reputation.

Common Causes of Cooling-System Failures

Taking coolant/antifreeze for granted usually doesn’t end well.

What Can Go Wrong with Engine-Management Electronics?

Powertrain control modules typically fail for one of two reasons.