Federated Auto Parts and National Pronto Association rocked the distribution industry with their announcement Dec. 10, 2014, that they would merge their efforts and resources and form an organization that will be called the Automotive Parts Services Group.
The vast majority of tire dealers said they expect to order about the same number of auto parts or more in 2014 as they did in 2013, according to the Aftermarket Business World Tire Dealer Product Study.
Collision repairers prefer to get their parts from auto parts retailers (33 percent) with dealerships (24 percent) and jobbers (23) a close second and third option, according to the Aftermarket Business World Collision Shop Study.
As the average age of U.S. vehicles on the road now exceeds 11 years, a large majority of consumers say they are taking their cars in for regular maintenance, according to the Aftermarket Business World Consumer Attitude Study.
In honor of the inaugural “Salute Our Troops” issue, Aftermarket Business World conducted a Veterans’ Attitude Study to explore the purchasing habits and experiences of veterans and active duty military personnel.
The deal catapulted Advance to the No. 1 spot in the Aftermarket Business World Top 25 Auto Chain Report with 5,297 company owned stores, 105 WORLDPAC branches and approximately 1,400 independently owned CARQUEST branded stores.
More than 50 percent of independent shop owners expect to increase product sales in 2014 while 40 percent expect to sell the same amount, according to the Aftermarket Business World independent shop survey.
Tire dealers are increasingly turning to in-house electronic channels to advertise their products and services, according to the results of the 2013 Aftermarket Business World Tire Dealer Product Study.
Auto service franchises experienced stable or increased sales and gross margins in 2012 and are optimistic about 2013 sales and margins, according to the Aftermarket Business World Auto Service Franchise Study.
The percentage of auto repair shop owners and technicians who purchase parts online increased in 2014 from 2013, according to the Aftermarket Business World Online Purchasing Habits studies conducted during the two years.
The mayor of Chicago and executives from Advanstar Communications and Messe Frankfurt introduced Automechanika Chicago, a new trade show that will focus on shop-level training for technicians and product discovery.