Supply chain issues and chip shortage A disruption in the supply of computer chips used to build new vehicles has cascaded into slowing supplies of new cars and, in turn, increasing demand for used cars. Pittsburgh dealers — like those across the country — have been dodging and …
May Market Trend Analysis
Automotive aftermarket outlook 2021 The global automotive industry, similar to every industry throughout the global movement economy, faced significant challenges throughout 2020. As the novel coronavirus pandemic started, supply chains became distressed as suppliers and automakers were …
March Market Trend Analysis
The Automotive Aftermarket E-commerce Evolved E-commerce is a rapidly growing channel within the Automotive Aftermarket, with online shopping expected to be a permanent shift, accelerated by the COVID-19 pandemic, according to an industry report released by the Automotive & Aftermarket and …
Brand Strength & Resilience in the Pandemic
As the pandemic rages on, many unknowns lie ahead for businesses around the world. Some companies have slowly resumed operations, some are still on hold, still some are shut down entirely. Even for essential businesses that were able to proceed full steam ahead, the future is …
Continue Reading about Brand Strength & Resilience in the Pandemic
January 2021 Market Trend Analysis
Automotive industry future outlook: The road ahead for the aftermarketThe COVID-19 pandemic has changed the future of the automotive industry. Industry executives and leaders say the automotive aftermarket continues to be resilient despite the crisis. “What to Expect on the Road Ahead”: …
December Market Trend Analysis
Trends Transforming The Aftermarket Auto Parts Outlook in 2021Each year, the Automobile Aftermarket Industry continues to grow. Consumers now have an abundance of choice: in auto parts and accessories in varying degrees of price points and quality, both online and in traditional brick and mortar …